Goodrays is a London-based CBD brand that makes premium functional drinks focused on mental wellbeing. Founded in 2020, the company says it has doubled revenue year-on-year for three consecutive years while simultaneously doubling profitability. The brand has secured listings with major UK retailers including Sainsbury’s, Ocado, Morrison’s and Waitrose, was selected for Tesco’s inaugural functional drinks bays, and has launched into France’s top four supermarket chains. Goodrays positions itself as a rapidly expanding drinks brand and plans to expand its product portfolio, accelerate marketing, and deepen retail partnerships using new funding. The company has appointed Ben Dando, formerly International Managing Director at Liquid Death, as Managing Director to lead growth and marketing strategy. The article highlights the broader UK CBD market (€799M in 2021, projected to reach €1.1B by year-end) and notes full market authorisation is expected in early 2026.

Total raised

$7M

Funding rounds

2

Latest round

Series A

Latest activity

Jul 2025