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.