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Forte Group Holdings Inc C.FGH

Alternate Symbol(s):  FGHFF

Forte Group Holdings Inc. is a diversified lifestyle and wellness consumer packaged goods company. The Company develops and manufactures a range of alkaline and mineral-enriched beverages and nutraceutical supplements for both its TRACE brand and private-label clients. It operates through two segments: alkaline and mineralized beverages and supplements and eCommerce. The alkaline and mineralized beverages include the development and manufacturing of the TRACE brand and other beverages and supplements. The eCommerce segment includes direct-to-customer sales of natural health products. The Company owns a pristine natural alkaline spring water aquifer and operates a 40,000-square-foot, Health Canada-and HACCP-certified manufacturing facility near Osoyoos, British Columbia. The Company’s distribution network includes traditional retail and e-commerce channels, delivering wellness-focused products directly to consumers through its innovative offerings.


CSE:FGH - Post by User

Post by ProfPennyPinchon Apr 15, 2021 2:46pm
108 Views
Post# 33004436

Big summer coming for $BEV

Big summer coming for $BEV
 
BevCanna has been recently making some moves to expand their brand and product offerings for one of their brands called TRACE. They recently launched a new e-commerce website to increase customer engagement and deepen brand awareness. Additionally, TRACE intends to be launched in the Asia-Pacific region in markets such as Japan, China, and the Philippines. These are HUGE markets for natural Canadian bottled health and wellness products.
 
https://ca.finance.yahoo.com/news/bevcannas-naturo-group-expand-trace-123000777.html
 
$BEV is also expected to finalize listing discussions in April and May with distributors to launch the Keef Brand, State B Beverages, and Chapeau Noir. Summertime is the peak consumption months for beverage brands and $BEV is ready to take advantage of the summer season.
 
https://ca.finance.yahoo.com/news/bevcanna-scaling-beverage-manufacturing-operations-123000168.html
 
This one is definitely a long-term play because of the COVID situation. Once the economy opens up I expect demand for all beverages, especially BevCanna’s cannabis-infused beverages, to see a large increase. With the vaccine rollout looking to be completed in the next few months things are on track for a big summer. The stock is relatively cheap at the levels ($0.76) so I'll be watching it closely.
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