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Splash Beverage Group (NYSE: SBEV) has appointed Brady Cobb as interim CEO as the company pivots from alcoholic beverages to regulated wellness and cannabinoid products. The transition follows the resignation of President William Meissner and occurs as the company faces an NYSE noncompliance notice regarding minimum shareholder equity.

Sunburn Founder Brady Cobb Steps in as Splash Beverage Group Goes All In on Cannabinoids

May 15, 2026

Source:

Sue Dehnam

MG Magazine

There is some major movement happening in the Florida cannabis scene as Brady Cobb, the mastermind behind Sunburn Cannabis, has officially stepped into the driver’s seat at Splash Beverage Group. Taking over as interim CEO, Cobb is leading a massive strategic shift for the publicly traded company, moving it away from its tequila-heavy roots and toward a future centered on cannabinoids and regulated wellness.

For those who follow the plant’s progress, this news is a huge win. Cobb isn't just a corporate suit; he’s a seasoned attorney and advocate who deeply understands the legal and cultural nuances of the herb. His leadership signals that mainstream beverage companies are finally ready to embrace the therapeutic potential of the plant. Splash aims to become a massive bridge between local operators and the institutional capital needed to make high-quality products more accessible to everyone.

This pivot comes at a perfect time, following federal moves toward rescheduling that are finally opening doors for the industry to function like a normal business. While Splash isn't ditching its legacy drinks entirely, the focus is now clearly on hemp-derived CBD and medical-grade options. For the average enthusiast, this means we can expect a new wave of professionally backed, wellness-focused products hitting the shelves soon.

It is worth noting that Splash is currently navigating some financial hurdles with the New York Stock Exchange, but bringing in a heavy hitter like Cobb is a bold play to stabilize the ship. For users, the takeaway is simple: more expert leadership entering the public markets usually leads to better standards, more innovation, and easier access to the medicine and lifestyle products we love. As the lines between the "green" world and traditional commerce continue to blur, having a true industry veteran at the helm ensures the community's interests remain a priority. Keep an eye on this space—the intersection of beverages and botanical wellness is about to get a lot more interesting.

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