Bevcanna NR
Bevcanna signs supply deal with Nextleaf
2021-03-09 06:54 ET - News Release
Ms. Melise Panetta reports
BEVCANNA SOLIDIFIES PARTNERSHIP WITH NEXTLEAF TO MANUFACTURE HIGH-QUALITY THC AND CBD INFUSED BEVERAGES
Bevcanna Enterprises Inc. has signed a supply agreement with innovative cannabis processor Nextleaf Solutions Ltd.
BevCanna will have the ability to utilize Nextleaf's Rapid Emulsion Technology by OILS{܌ ™} ("Rapid") THC and CBD concentrate within select BevCanna in-house and white-label products.
Made with Nextleaf's high purity cannabis distillate, Rapid's unique structure and composition allows the final ingredient to be fundamentally tasteless, odorless, and achieve optical transparency through uniform and complete dispersion in water. Ten years of prior R&D has resulted in a patent pending emulsion technology adapted to cannabinoids, to deliver rapid onset of THC, CBD, and other cannabinoids.
"BevCanna and Nextleaf are working closely together to produce the highest-quality cannabinoid beverages on the market today," said Melise Panetta, President of BevCanna. "We're excited to now have the ability to utilize Nextleaf's Rapid technology in both our in-house brands and our white-label client brands."
The recent receipt of BevCanna's Health Canada Standard Processing License has allowed the Company to move forward with commercial validation and go-to-market activities, and the Company is actively working with its partners, including Nextleaf, on these initiatives.
About BevCanna Enterprises Inc.