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Forte Group Holdings Inc C.FGH

Alternate Symbol(s):  FGHFF

Healthcare
Forte Group Holdings Inc., formerly BevCanna Enterprises Inc., is a 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. Its segments include Conventional Beverage and Ecommerce. It offers 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, general wellness and natural slimming.


CSE:FGH - Post by User

Forte Group Holdings Inc > Getting bigger for a reason ...!
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Comment by shnepson Jan 29, 2022 10:15am
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Post# 34374278

RE:RE:Getting bigger for a reason ...!

RE:RE:Getting bigger for a reason ...!I don't believe bankruptcy is anywhere in their near future.
They have a lot of things in their back pockets to execute yet.
Unfortunately they took a shotgun approach to their business model trying to take in too many angles and making poor investment decisions based on the bigger we are the more we have to offer.
As seen with many cannabis companies the markets have changed significant since they took this shotgun approach and it's costing loss leaders.

https://www.bnnbloomberg.ca/cannabis-companies-facing-crossroads-selling-off-stores-farms-and-warehouses-1.1707374
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