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Dave has declined multiple acquisition offers and remains sole owner of GT's Living Foods, which is worth over $900 million and represents 40% of the U.S. kombucha market. [1] In 2019, Dave donated one million dollars to Kombucha Brewers International in an effort to solidify a “standard of identity to protect the integrity of the product.” [7]
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Kombucha (also tea mushroom, tea fungus, or Manchurian mushroom when referring to the culture; Latin name Medusomyces gisevii) [1] is a fermented, lightly effervescent, sweetened black tea drink. Sometimes the beverage is called kombucha tea to distinguish it from the culture of bacteria and yeast . [ 2 ]