"Cut water" appears to refer to a type of alcoholic beverage product associated with the brand Cutwater Spirits. Cutwater Spirits is known for making canned cocktails and ready-to-drink alcoholic beverages that use their own distilled spirits. One example is a drink containing about 12.5% alcohol by volume in a 12 oz can, which equals roughly 1.5 fluid ounces of alcohol, comparable to regular beers, hard seltzers, or wine coolers. Cutwater Spirits produces a wide range of canned cocktails in various flavors, including vodka sodas, margaritas, ranch waters, and cocktails like mojitos and mai tais. These drinks are premixed and designed to be convenient, spirit-based ready- to-drink options. So, "cut water" in this context likely relates to the brand Cutwater's spirit-based canned cocktails, which are alcoholic beverages often mixed with water or soda and packaged in cans for easy consumption. If you are asking about "cut water" in a different context, please clarify further. But as commonly referenced in current beverage discussions, Cutwater products stand for spirit-based canned drinks with moderate to high alcohol content.
