BevCanna Enterprises Inc C.BEV

Temporary halt only

[prone]

 

• CORRECTING and REPLACING BevCanna Provides Corporate and Operational Update, from 23 hours ago by Business Wire

  23 hours ago by Business Wire
  Companies Mentioned: BVNNF
   

• BevCanna Provides Corporate and Operational Update, from 3:05AM ET on Wednesday Sep 07, 2022 by Business Wire

  3:05AM ET on Wednesday Sep 07, 2022 by Business Wire
  Companies Mentioned: BVNNF
   

  BevCanna Enterprises Inc. (CSE:BEV, Q:BVNNF, FSE:7BC) ("BevCanna" or the "Company"), an innovative health and wellness beverages and products company, today released the following letter to shareholders from the Company's Chief Executive Officer, Marcello Leone, and Chief Financial Officer, John Campbell. The letter outlines a number of corporate and operational updates.

  Dear Shareholders,

  Over the past year, BevCanna has made great strides in its strategic evolution into a leading diversified health and wellness company. Transformative acquisitions have allowed us to expand our presence in a number of wellness categories and we've developed a robust portfolio of wellness and cannabinoid beverages and consumer packaged goods for both in-house brands and white label clients.

  BevCanna shareholders are aware that the Company's shares have temporarily ceased trading,
  
  -as the increased complexity of valuing the Company's holdings delayed the completion of its annual financial statements, accompanying management's discussion and analysis and required certifications for the year ended December 31, 2021 (the "Annual Filings").
  
  BevCanna currently anticipates that the Annual Filings will be filed on or before September 31, 2022,
  
  -and its interim financial statements for the three month period ended March 31, 2022 and for the six month period ended June 30, 2022 will be filed within five business days of the filing of the Annual Filings.
  
  BevCanna's shares are expected to resume trading on all currently listed exchanges (CSE:BEV, Q:BVNNF, FSE:7BC) upon successful filing.

  One of BevCanna's primary focuses in 2022 has been to significantly expand its total addressable market, leveraging the Company's industry-leading international brands and extensive distribution system across its cannabis and CPG categories. BevCanna continues to concentrate on securing incremental customers and contracts while building new revenue streams through house brands, white-label, licensing and a strong direct-to-consumer e-commerce platform. The Company continues to build a leadership position in innovative health and wellness products, while striving to create sustainable, long-term value for shareholders.

  BevCanna has achieved a number of key corporate and operational goals in 2022. Although the past year has been challenging for many in the venture capital markets, including BevCanna, the Company is in a stronger position now than at any time in its history, and is pleased to share the following updates.

• CORRECTING and REPLACING BevCanna Provides Corporate and Operational Update, from 23 hours ago by Business Wire

  23 hours ago by Business Wire
  Companies Mentioned: BVNNF
   

• BevCanna Provides Corporate and Operational Update, from 3:05AM ET on Wednesday Sep 07, 2022 by Business Wire

  3:05AM ET on Wednesday Sep 07, 2022 by Business Wire
  Companies Mentioned: BVNNF
   

  BevCanna Enterprises Inc. (CSE:BEV, Q:BVNNF, FSE:7BC) ("BevCanna" or the "Company"), an innovative health and wellness beverages and products company, today released the following letter to shareholders from the Company's Chief Executive Officer, Marcello Leone, and Chief Financial Officer, John Campbell. The letter outlines a number of corporate and operational updates.

  Dear Shareholders,

  Over the past year, BevCanna has made great strides in its strategic evolution into a leading diversified health and wellness company. Transformative acquisitions have allowed us to expand our presence in a number of wellness categories and we've developed a robust portfolio of wellness and cannabinoid beverages and consumer packaged goods for both in-house brands and white label clients.

  BevCanna shareholders are aware that the Company's shares have temporarily ceased trading, as the increased complexity of valuing the Company's holdings delayed the completion of its annual financial statements, accompanying management's discussion and analysis and required certifications for the year ended December 31, 2021 (the "Annual Filings"). BevCanna currently anticipates that the Annual Filings will be filed on or before September 31, 2022, and its interim financial statements for the three month period ended March 31, 2022 and for the six month period ended June 30, 2022 will be filed within five business days of the filing of the Annual Filings. BevCanna's shares are expected to resume trading on all currently listed exchanges (CSE:BEV, Q:BVNNF, FSE:7BC) upon successful filing.

  One of BevCanna's primary focuses in 2022 has been to significantly expand its total addressable market, leveraging the Company's industry-leading international brands and extensive distribution system across its cannabis and CPG categories. BevCanna continues to concentrate on securing incremental customers and contracts while building new revenue streams through house brands, white-label, licensing and a strong direct-to-consumer e-commerce platform. The Company continues to build a leadership position in innovative health and wellness products, while striving to create sustainable, long-term value for shareholders.

  BevCanna has achieved a number of key corporate and operational goals in 2022. Although the past year has been challenging for many in the venture capital markets, including BevCanna, the Company is in a stronger position now than at any time in its history, and is pleased to share the following updates.