Forte Group Holdings Inc C.FGH

Alternate Symbol(s): FGHFF

Healthcare

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.

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Forte Group Holdings Inc > Bevcanna Shareholder Must Read

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Comment by shnepson Mar 17, 2022 2:45pm

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Post# 34522830

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Bevcanna Shareholder Must Read

Don't forget they also got paid this exorbinant amount for lease for Bevcanna :
"The Company was paid $1,303,400 for the additional space and displacement fee, of which $650,000 cash was received during 2019"
So an additional $2M for 5500 sq ft that Naturo wasn't even using.
What was this for?
They had to build the second production line for cannabis drinks because they can't do the Naturo products and cannabis products on the same line.
This is why the production licence was late in being received.
The facility had to be complete and Bevcanna was paying for all the facility upgrades.licence

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