---
title: "Splash Beverage Group signs LOI to combine with Medterra; Medterra FY2025 revenue > $52M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/277947982.md"
description: "Splash Beverage Group has signed a non-binding letter of intent to merge with Medterra, a CBD operator that reported over $52 million in revenue for fiscal 2025. The merger aims to rebrand Splash as a cannabinoid wellness platform, focusing on scalable brand development. The transaction is subject to definitive agreements, shareholder and NYSE American approvals, and other customary closing conditions. Medterra's established operations and profitability enhance the merger's potential."
datetime: "2026-03-05T13:53:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/277947982.md)
  - [en](https://longbridge.com/en/news/277947982.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/277947982.md)
---

# Splash Beverage Group signs LOI to combine with Medterra; Medterra FY2025 revenue > $52M

**Splash Beverage Group executed a non-binding letter of intent to combine with Medterra, a CBD operator that generated over $52 million in revenue in fiscal 2025.**

**Key Highlights:**

-   Executed non-binding LOI to merge with Medterra, a multi-brand federally compliant cannabinoid wellness operator.
-   Medterra reported over $52 million revenue and was profitable in fiscal 2025, providing established operations and management.
-   Transaction aims to rebrand Splash as a cannabinoid wellness platform focused on scalable brand development and category leadership.
-   Companies plan to evaluate participation in a CMS CBD pilot initiative tied to potential reimbursement and expanded market opportunity.
-   Deal subject to definitive agreements, shareholder and NYSE American approvals and other customary closing conditions.

Original SEC Filing: SPLASH BEVERAGE GROUP, INC. \[ SBEV \] - 8-K - Mar. 05, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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