Preheat oven to 400 degrees and line a baking sheet with parchment paper.
Cut the ends off the beets, rub coconut oil on them and roast for 45 minutes. Once the beets are cool to touch, rub them with a paper towel and the skins come off easily. Cut them up into small pieces.
Place everything into a blender and process till smooth. Add a little extra water to thin it out as needed