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 shnepson Nov 30, 2021 10:41am

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Post# 34179922

Financials Out- Worse Then Expected

"BevCanna Announces Strong Third Quarter 2021 Financial Results" - Loss is 10X the gross profit.

Loss per share (for 9 months) is $0.07 per share on a stock that is only worth $0.25 per share. Heading for another 35% loss per share for the year. Good work team.

I forget that is on top of a 30%+ share price dilution due the issuance of over 70M shares in the past year.

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