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Business

Kendall Jenner buys stake in British CBD drinks firm Trip and fronts global campaign

Kendall Jenner, a 30-year-old model with a massive social media following, has acquired an undisclosed minority stake in Trip, a British CBD drinks and supplements company. Jenner will serve as the global ambassador for the brand's new promotional campaign.

Kendall Jenner buys stake in British CBD drinks firm Trip and fronts global campaign

Kendall Jenner, a 30-year-old model with a massive social media following, has acquired an undisclosed minority stake in Trip, a British CBD drinks and supplements company. Jenner will serve as the global ambassador for the brand's new promotional campaign. Headquartered in London, Trip was founded in 2019 by husband-and-wife founders Olivia Ferdi and Daniel Khoury.

The company specializes in cannabidiol (CBD) soft drinks and magnesium supplements, positioning itself among the UK’s fastest-growing food and drink companies. A recent funding round led by New York investment group Coefficient Capital valued Trip at over $300 million (£222 million). Jenner expressed enthusiasm for the brand, stating she has been ‘obsessed with Trip for a while’ and appreciates its mission to help people find calm in their daily lives.

Trip’s revenue for the previous financial year was nearly £67 million. The partnership aligns with Jenner’s endorsement of Trip as the ‘World’s Leading Calming Drinks Brand,’ emphasizing its focus on intentional living and mental well-being. Other high-profile investors, including Joe Jonas and Rosie Huntington-Whiteley, have also backed the company.

Ms Ferdi highlighted Jenner’s alignment with Trip’s values, describing her as someone who embodies the brand’s ethos of staying present and authentic.

Source: The Independent

Distributed to Metropol Post by RedPress.

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