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Bevcanna Enterprises Inc C.BEV

Alternate Symbol(s):  BVNNF

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

Comment by shnepson Mar 04, 2022 10:45am
116 Views
Post# 34483117

RE:RE:RE:RE:RE:RE:RE:RE:RE:Bev Selling versus buying

RE:RE:RE:RE:RE:RE:RE:RE:RE:Bev Selling versus buying As for Embark shareholders this debacle a couple of days ago, with Embark shareholders selling, is going to happen once a month for the next year. Obviously Embark shareholders see no value in remaining in Bevcanna otherwise they would hold, as opposed to "moving on to other ventures".
Why did Bevcanna not get their own sales four years ago instead of over paying for one now?
The payment of shares is because BEV cannot perform a PP for raising well over $10M (based on their burn rate) you can't go back to the trough every 3 months.
What other choice is there for them, they spend 10X as much as revenue they generate in gross profit.
There is no cash.
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