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Bevcanna Enterprises Inc C.BEV

Alternate Symbol(s):  BVNNF

Healthcare
BevCanna Enterprises Inc. is a diversified lifestyle and wellness consumer packaged goods company. The Company operates through three segments: non-cannabis beverage, cannabis beverage and eCommerce. The non-cannabis beverage segment consists of alkaline and mineralized beverages, which include the development and manufacturing of TRACE brand and other beverages and supplements. The cannabis beverage segment is engaged in the development and/or production of cannabinoid beverages and supplements for both in-house brands and white-label customers. The eCommerce segment includes direct-to-customer sales of natural health products, including nutraceutical and hemp-based cannabidiol (CBD) products. It owns a pristine alkaline spring water aquifer and has an approximately 40,000 square foot manufacturing facility in Osoyoos, British Columbia. The Company has various distribution network that includes traditional and regulated retail distribution, and online marketing.


CSE:BEV - Post by User

Bevcanna Enterprises Inc
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Post by maysilverstoneon May 21, 2021 2:59pm
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Post# 33249176

BevCanna Announces the Forecasted Wholesale White-Label Reve

BevCanna Announces the Forecasted Wholesale White-Label Reve
$BEV up 4.8% today at $0.66, with more news!
 
Today $BEV announced the forecasted wholesale white-label revenue, based on the annual minimum order quantities for both its Canadian cannabis beverages white-label operation and its Naturo Group traditional white-label beverage operation.
 
- forecasts wholesale revenue of about $2.4M and gross profit of about $0.63M
- Naturo Group commences commercial production on the traditional beverage products in June 2021
- BevCanna plans to commence production of the cannabis-infused beverages in June 2021, with delivery to select provinces in July 2021
- They are actively engaged with a number of potential white-label clients in both the cannabis-infused and traditional beverage verticals, which are expected to lead to incremental white-label revenue
 

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