RE:RE:RE:RE:Bevcanna Partnership? RM90090 It's also in Nextleafs interest to not be exclusively tied to one company for their emulsions tech if they're shopping it with Kronos. Acherage (Canopy US partner) just built their bottling plant, MSO's doing the same.
It sounds like some of Bevcanna's partners have their own supply they'd like to burn through in their formulations. If LABS develops a drink and outsources the bottling it's not surprising they'd use their own emulsion tech in the formulation. Some weirdo's also like the taste of pot/hemp in their drinks and want full spectrum rather than pure distillate.
However majority of their LOI's are for CBD. Hemp CBD wont require the massive hurdles THC does in most markets, this is where you'll get pyramid schemes who don't care where the CBD comes from, they'll just want whats available and cost effective. Nextleaf still fills that hole.
I'm personally okay with Nextleaf being a sizable portion of Bevcanna's business while being accessible to other LP's rather than 100% tethered to the hope Bevcanna gets everything right.
Like everything else in cannabis the Canadian THC beverages market has been over-built and overpriced by provincial wholesalers.