Splash Beverage Group Announces Joint Venture With BAAD Ventures, Accelerating Entry Into the Rapidly Expanding Hemp-Based THC Beverage Category

FORT LAUDERDALE, FL – November 25, 2025 (NEWMEDIAWIRE) – Splash Beverage Group, Inc. (NYSE American: SBEV) (“Splash” or the “Company”), a portfolio company of emerging and innovative beverage brands, today announced it has entered into a joint venture (“JV”) with B.A.A.D Ventures LLC (“BAAD”), marking the Company’s strategic expansion into the fast-growing hemp-based THC beverage category. Under the terms of the JV, Splash will hold a 51% ownership interest, with BAAD owning 49%.