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Bullboard - Stock Discussion Forum 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... see more

CSE:FGH - Post Discussion

Forte Group Holdings Inc > CBD Beverages Could Offer Investors a $3 Billion Market Oppo
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Post by Sal1958 on May 27, 2021 6:16am

CBD Beverages Could Offer Investors a $3 Billion Market Oppo

With a larger focus on health and wellness, consumers could help create a $3 billion CBD beverage market, according to Ryan Crane, CEO of Tempo, as noted by Beverage Dynamics. Beverages are one of the fastest-growing parts of this landscape, he added. Theres this huge trend overall right now towards functional beverages. People are thinking more about their health as part of their lifestyle. And with CBD, its a sign of the times: people are stressed, and theyre willing to invest for premium ingredients that support their cognitive wellness. As also noted by Marcello Leone, CEO of BevCanna (CSE:BEV)(OTCQB:BVNFF), Consumers globally are looking for appealing, health-conscious products that fit with their wellness-focused lifestyle. Thats all beneficial for companies such as The Alkaline Water Co. (NASDAQ:WTER)(CSE:WTER), Good Hemp Inc. (OTC:GHMP), Tilray Inc. (NASDAQ:TLRY), and Neptune Wellness Solutions Inc. (NASDAQ:NEPT)(TSX:NEPT). BevCanna Enterprises Inc. (CSE:BEV)(OTCQB:BVNFF) Outlook on Company Evolution BevCanna Enterprises Inc. just provided an outlook on its strategic evolution into a diversified health & wellness beverage and natural products company. With the recent completion of the acquisition of Naturo Group, and receipt of our Health Canada Standard Processing License, BevCanna is in the unique position of being one of the only fully licensed beverage manufacturing companies that produces and distributes both conventional and cannabinoid-based beverage and wellness products. We are creating a diversified health and wellness company, with $55M+ in assets and a global multi-channel sales and distribution network positioned for growth. Independent consumer research projects the health and wellness market to grow to US$ 386.29B by 2027, with a CAGR of 6.45 per cent, propelled by the global trend toward healthy lifestyles. Consumers globally are looking for appealing, health-conscious products that fit with their wellness-focused lifestyle, said Marcello Leone, CEO of BevCanna, and our evolution into global health and wellness company, will allow us to provide a wide range of innovative traditional and cannabinoid products that todays consumer is looking for. The Company will focus on four separate and unique business verticals: 1) BevCanna Canada With the recent receipt of its Health Canada Standard Processing License (SPL) to manufacture and sell cannabis beverages and products in the Canadian market, the company is now focused on the following initiatives: - BevCanna is now authorized to commence production of Keef beverages and its white-label products, with a focus on selling through licensed Canadian retailers. - The Company is progressing rapidly with its commercial rollout strategy, with a definitive agreement with a Sales License partner, in the process of being formalized. BevCanna expects to start commercial production shortly, with delivery to select provinces commencing subsequently. - In addition to its in-house and partner brands, BevCanna will be working with other B2B cannabis-license holders and non-licensed CPG customers seeking to enter the Canadian cannabis market. 2) Naturo Group BevCannas recent acquisition of Naturo Group positions the company perfectly to expand into the growing health and wellness industry with full ownership of its 40,000 sq. ft. manufacturing facility, 315-acres of cultivable land, on-site alkaline spring water aquifer, and leading plant based beverage and nutraceutical brand, TRACE. BevCannas key initiatives for Naturo Group include but are not limited to: - Accelerating the expansion of TRACE in domestic and international points of distribution, by maximizing existing distribution points, and expanding to new distribution points domestically, internationally, and online. - Expanding Naturo Groups white-label clientele. Naturo offers a full service white-label beverage manufacturing solution for CPG clients, featuring a variety of beverage product formats including PET, aluminum, and glass form factors, available in multiple sizes and custom shapes. - Continuing to strengthen its leadership team with deep CPG expertise to accelerate growth. 3) Pure Therapy BevCannas recently acquired U.S. & international hemp & nutraceutical e-commerce platform sells a range of natural health products, including nutraceutical and hemp-based cannabidiol products throughout North America and Western Europe. - The Pure Therapy acquisition has provided BevCanna with a proven e-commerce brand and platform to expand and launch its nutraceutical and cannabinoid based products directly through an existing customer base and a powerful direct sales platform. Pure Therapy brings an extensive list of approximately 23,000 customers acquired since its inception. - The direct-to-consumer e-commerce platform has continued its strong Q4 2020 revenue growth into the first quarter of 2021, with extremely positive year to date revenues. The Company has continued to invest in strategic new product integration and customer acquisition, with a resulting projected run rate of approximately C$7.68M in revenue and positive EBITDA of C$.37M in 2021. The company has also acquired 3,270 new active customers since its acquisition by BevCanna. 4) Keef Brands BevCannas exclusive partnership with award-winning Keef Brands positions it ideally for rapid growth within the U.S. market, in anticipation of positive federal regulatory reform with the U.S. federal cannabis legalization. - BevCannas recently announced partnership with the award-winning brand is mutually advantageous for the two companies. BevCanna will act as the exclusive manufacturing and distribution partner for Keef Brands in Canada, while having access to Keef extensive U.S. manufacturing and distribution network to access the U.S. cannabis market (which includes more than 1,000 dispensaries and delivery services across Colorado, California, Arizona, Nevada, Michigan, Oklahoma, and Puerto Rico). - Keef Brands currently offers eight of the ten top-selling cannabis beverages in Colorado as well as two of the ten top-selling in California1. Keef Brands ranks first in the U.S. both in units and dollars sold amongst all cannabis beverage companies. BevCanna will continue to integrate its recent acquisitions of Pure Therapy and Naturo Group into its evolution into a diversified health & wellness beverage and natural products company. As the Company continues on its journey, the company will continue to communicate to its stakeholders, and keep them informed on its progress across all initiatives.
Comment by moneymachine88 on May 27, 2021 8:58am
That's a good read, thanks Sal! This company is going places.
Comment by shneps on May 27, 2021 9:41am
So Bevcanna wants to compare themselves to the Alkaline Water Company - the #1 US independant alkaline water company that has 70,000 retail outlets nationally, has been in business for 9 years and yet continues to lose over $15M per year on $41M of revenue. Yes, this company is going places.
Comment by shneps on May 27, 2021 10:03am
Akaline has $41M in revenue and Bev is projecting a potential $2.4M over the next 14 months (with zero confirmed purchase orders). And the two companies have pretty much the same market cap. Yah right.
Comment by Sal1958 on May 27, 2021 11:49am
shneps you r a fool of today and yesterday. Its tomorrow and the future that will tell us where we will be. When someone puts a target in place it doesn't happen overnight. As Doc2021 calls u on ceo.ca cancer. U r cancer. Nothing good will ever come out of u. Hey how many shares do u have now.
Comment by shneps on May 27, 2021 1:27pm
That is the point of the post Sal. After more then ten years in business Akaline still loses money. After ten years Naturo sells out to Bevcanna (through insiders) because it couldn't make it work. As for shares, I currently don't own any because I bought at 47c and sold yesterday at 68c. I see this going back down again. JMHO
Comment by Sal1958 on May 27, 2021 3:17pm
shneps the point tells me it was done ounce at a earlier time frame with some of the same people. Yes they couldn't make it work. Ten years have gone by consumer Preferences have changed some new people are in place. A company with a broader mix of products. Will it work this time. Thats the bet. The risk some of us are willing to take. Don't tell us it didn't work and it won't ...more  
Comment by shneps on May 27, 2021 3:45pm
Ah no, they have infused and CBD drinks. Here's a link so you can check out what they do offer. https://thealkalinewaterco.com/
Comment by xxxxxx on May 27, 2021 4:45pm
This post has been removed in accordance with Community Policy
Comment by Sal1958 on May 27, 2021 9:34pm
shneps 3 out of 4. Missing the white labeling business. As for its yearly revenue its not far of from bev. U can add can't u. E commerce wellness products plus trace plus white labeling equals not far of Alkaline. Quit trying to bs us. U r cancer. Always will be cancer. As for the xxxx fool the useless chimney he continues to crawl out of his garbage can with his grade 5 one word responses ...more  
Comment by xxxxxx on May 27, 2021 9:45pm
This post has been removed in accordance with Community Policy
Comment by Sal1958 on May 27, 2021 9:22pm
On a February 16, 2021 conference call, the Alkaline Water Company announced that revenue has increased $1.7 million year-over-year to finally become $10.2 million for the fiscal third quarter that ended December 31, 2020. Shneps this doesn't say Akaline has 41M in revenue. It yearly revenue is barely over 13M. U continue to post false inflated information. When r u going to stop posting bs.
Comment by shneps on May 28, 2021 7:31am
Sal, that is $10.2M for the third quarter multiplied by three more quarters for a full year's revenue. Here is their nine months for 2020 (their year end is in the first quarter of 2021) THE ALKALINE WATER COMPANY INC. CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS (unaudited) For the Three Months Ended For the Nine Months Ended December 31, 2020 December 31, 2019 December 31, 2020 ...more  
Comment by shneps on May 28, 2021 7:32am
Sorry, Stockhouse doesn't copy things worth shite. If you want you can review the financials on Sedar.
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