THC beverage company Jeng has received a “strategic investment” from Quench Ventures, a drinks industry-focused venture capital firm. The details of the deal, including financial terms, were not disclosed. Jeng, based in Montauk in New York state, describes itself as a “premium, hemp-derived, sparkling, cocktail brand”. The company positions its range as an alcohol alternative, particularly targeting women looking for different options for social occasions and relaxation. In a statement announcing the ...