Sweet Reason Beverage
Sweet Reason Beverage is a privately held, Toronto-based CBD-infused beverage company founded in 2018 and led by founder and CEO Hilary McCain. It operates at sub-scale with 1–10 employees and a single 2019 seed/early-stage funding round of $2.5 million.
- Company typePrivate
- Founded2018
- HeadquartersToronto, Canada
- Headcount1–10
- GTM typeB2C
- OfferingHardware or Manufacturing
What Sweet Reason Beverage does
Sweet Reason Beverage is a privately held consumer packaged goods company that produces CBD-infused beverages. Founded in 2018 and headquartered in Toronto, Canada, the company is led by founder and CEO Hilary McCain and operates with a headcount of 1–10 employees. Per the firmographic record, the company does business under the trade name "drink-sweet-reason" and maintains a minimal public web presence at drinksweetreason.com, which currently renders as a near-empty branded placeholder page with no disclosed product catalog, ingredient lists, or pricing.
The company has raised $2.5 million in a single funding round dated July 2, 2019, led by Lerer Hippeau with participation from Max Ventures, RiverPark Ventures, and Subversive Capital. The capital structure beyond this round, ownership composition, employee count beyond the founder/CEO, distribution relationships, customer base, and revenue figures are not disclosed in the available source material. The input does not contain product specifications, pricing models, distribution channels, marketing channels, partnerships, regulatory certifications, patent or trademark filings, or management team details beyond the founder.
Based on the available evidence, the business model is consistent with a direct-to-consumer and/or retail CPG beverage company selling CBD-infused drinks, but no revenue mechanics (wholesale pricing, DTC pricing, subscription, retailer margins) are disclosed. The data set is sparse: the company's own web presence offers no product detail, and the supplementary structured records show largely null or "no information" values across firmographic, technology, people, and traction dimensions. As a result, this description is constrained to what is directly supported by the input, and key analytical dimensions (products, pricing, customers, channels, unit economics) remain unverified.
Sweet Reason Beverage firmographics
Firmographics- Name
- Sweet Reason Beverage
- Website
- https://drinksweetreason.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Sweet Reason Beverage is a privately held, Toronto-based CBD-infused beverage company founded in 2018 and led by founder and CEO Hilary McCain. It operates at sub-scale with 1–10 employees and a single 2019 seed/early-stage funding round of $2.5 million.
- Ownership category
- akta.pro rank
Sweet Reason Beverage industry classification
Industry- Product category
- CBD-Infused Beverages
- NAICS
- Beverage Manufacturing (3121)
- SIC
- Beverages (2080), Medicinal Chemicals & Botanical Products (2833)
- akta.pro primary industry
- Functional Beverages (Vitamins, Probiotics, Nootropics, etc.) (CRADAHAL)
- akta.pro secondary industries
- Functional/Fortified Beverage Production (Vitamins, Botanicals, Nootropics) (AFAFABAH), Functional Foods & Wellness Beverage Retail (Kombucha, Adaptogens, CBD where legal) (CRAHAEAH)
Keywords
Where Sweet Reason Beverage is headquartered
LocationHeadquarters
- HQ city
- Toronto
- HQ country
- Canada
- HQ region
- North America
Markets served
Sweet Reason Beverage business model
Business model- GTM type
- B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Marketing or Sales, Operations
Sweet Reason Beverage product offering
Product offeringCore offering
Sweet Reason Beverage is a CBD-infused beverage company that manufactures and sells sparkling beverages containing cannabidiol (CBD). Founded in 2018 in Toronto, Canada, the company produces non-alcoholic, functional drinks positioned as a healthier alternative to traditional soft drinks. The brand operates as a direct-to-consumer packaged goods company selling branded CBD beverages to adult consumers.
Differentiator
Problem solved
Functional benefit
Products and services
- CBD-Infused Sparkling Beverages Sparkling water beverages infused with cannabidiol (CBD), positioned as a non-alcoholic functional drink for adult consumers seeking wellness and relaxation benefits in a familiar carbonated format.
Companies that use Sweet Reason Beverage
Customer profileIdeal customer profiles1 record
Sweet Reason Beverage technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Sweet Reason Beverage partnerships and signals
Strategic signalRecent moves1 record
Expansion highlights1 record
Sweet Reason Beverage competitors and assessment
Company assessmentDirect peers
- Recess: Recess produces CBD-infused sparkling water and mood-focused beverages, directly competing with Sweet Reason in the same CBD functional beverage category with similar product format and target consumer.
- Cann: Cann makes low-dose THC and CBD social tonics, offering a direct competitive overlap in cannabinoid-infused beverages targeting the same wellness-and-social occasion consumer.
- Weller: Weller is a CBD sparkling water brand competing head-to-head with Sweet Reason in the better-for-you CBD beverage shelf, with similar positioning around calm and recovery.
- Kin Euphorics: Kin Euphorics produces functional, adaptogen- and nootropic-infused beverages targeting mood and relaxation — overlapping with Sweet Reason's functional/wellness beverage positioning, though without a CBD lead ingredient.
- De Soi: De Soi offers non-alcoholic, adaptogen-driven sparkling beverages for the sober-curious consumer, competing for the same wellness-oriented, mindful-drinking occasions as Sweet Reason's CBD line.
- Zen WTR: Zen WTR is a CBD-infused sparkling water brand going head-to-head with Sweet Reason on retailer shelves and DTC channels in the functional hydration subcategory.
- Aplós: Aplós offers CBD-infused non-alcoholic spirits and beverages, directly competing with Sweet Reason in the cannabinoid beverage space but with a spirits-adjacent format.
- Mood33: Mood33 produces hemp/CBD-infused sparkling beverages targeted at relaxation and wellness, a close direct peer to Sweet Reason's CBD functional beverage offering.
Emerging players
- Daytrip: Daytrip produces functional botanical sparkling beverages with adaptogens and nootropics, representing an emerging non-CBD alternative competing for the same mindful-drinking occasion.
Broad incumbents
- Olipop: Olipop is a larger functional soda brand competing for the same better-for-you beverage shelf space and consumer mindset, though without CBD, making it an adjacent functional incumbent rather than a direct CBD competitor.
Market position
Strengths3 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights4 records
Customer concentration
Sweet Reason Beverage financial estimates
Financial estimateRevenue estimate
Valuation estimate
Sweet Reason Beverage leadership team
Management profileNumber of profiles
Profiles1 record
Sweet Reason Beverage funding detail
Funding detailFunding overview
Funding rounds1 record
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Sweet Reason Beverage M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Sweet Reason Beverage
What does Sweet Reason Beverage do?
Sweet Reason Beverage is a CBD-infused beverage company that manufactures and sells sparkling beverages containing cannabidiol (CBD). Founded in 2018 in Toronto, Canada, the company produces non-alcoholic, functional drinks positioned as a healthier alternative to traditional soft drinks. The brand operates as a direct-to-consumer packaged goods company selling branded CBD beverages to adult consumers.
When was Sweet Reason Beverage founded?
Sweet Reason Beverage was founded in 2018. It employs 1 to 10 people.
Where is Sweet Reason Beverage based?
Sweet Reason Beverage is headquartered in Toronto, Canada, in the North America region.
Who are Sweet Reason Beverage's main competitors?
Direct peers on record are Recess, Cann, Weller, Kin Euphorics, De Soi, Zen WTR, Aplós and Mood33. Daytrip is listed as an emerging player. Olipop is listed as a broad incumbent.
Does Sweet Reason Beverage have an API?
No public API is recorded for Sweet Reason Beverage.
What industry is Sweet Reason Beverage in?
Sweet Reason Beverage's product category is CBD-Infused Beverages. Its primary akta.pro industry code is CRADAHAL, Functional Beverages (Vitamins, Probiotics, Nootropics, etc.), with a secondary code of AFAFABAH, Functional/Fortified Beverage Production (Vitamins, Botanicals, Nootropics). Its NAICS code is 3121 and its SIC code is 2080.