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BevCanna Enterprises Inc C.BEV

Alternate Symbol(s):  BVNNF

BevCanna Enterprises Inc. is a Canada-based diversified lifestyle and wellness consumer packaged goods company. The Company, through its subsidiaries, is focused on developing, manufacturing and distributing lifestyle and wellness consumer packaged goods for in-house brands and white-label clients via a multichannel sales network. The Company's segments include Conventional Beverage and Ecommerce. The Company provides alkaline and mineralized beverages and supplements. It owns and operates around 40,000 square feet beverage manufacturing plant. It owns a naturally alkaline spring water aquifer located on site. It manufactures and markets the TRACE brand of Blackwater and alkaline waters, concentrates and shots to retailers and online across Canada. It plans to sell a range of nutraceutical health products on its e-commerce platform in the United States. The product segments cover life longevity, heart health, sleep health, brain support, beauty, general wellness and natural slimming.


CSE:BEV - Post by User

Comment by shnepson Sep 13, 2021 4:58pm
43 Views
Post# 33850406

RE:RE:RE:RE:Industry Comparison

RE:RE:RE:RE:Industry ComparisonDoesn't matter what industry u look at the companies supplying a service to manufacuture products for other companies that do not want to expend thier operations or do not want to start a manufacturing company are the cash cows of those industries.


This must be why Hill Street Beverage Company lost ($660,000) on $775,000 in gross revenue.
This must be why Molecule Holdings Inc. lost $1.2M on gross revenue of $68,000.
This must be why Kingston Cannabis has been in business for over a year and has no clients.
This must be why FLOW lost $15.6M and is down 7.5% today on financials release.
And of course this is why Bevcanna (after three years in business) lost $5.4M on $0.5M gross revenue.
Those are some "cash cows".
I believe the reference of "cash pigs" might apply better.
Good work again Sal.

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