BevCanna is a company focusing on creating and distributing cannabis-infused beverages in addition to their plant-based, alkaline, and supplement product lines. They just announced that they have completed the first commercial production run of the Keef Cannabis-Infused Beverages for provincial distribution in Canada.
- Keef is the #1 cannabis-infused beverage brand in the US
- Canadian consumers will finally be able to purchase the sodas on stores across Canada from the brand
- Beginning of significant revenue generation! (mix that in with the moves that TRACE is doing as well)
https://www.businesswire.com/news/home/20210809005671/en/BevCanna-Completes-Commercial-Production-Run-of-Keef-Cannabis-Infused-Beverages-in-Canada
Now that they have finally completed the first run of the Keef beverages, it's only smooth sailing from here. With a 40,000sqft facility with a bottling capacity of 210M per year, I can safely say it's about time for a rebound. Only a $77M valuation here, as they continue to supply firefighters with their TRACE water brand, improve their distribution network, and begin to manufacture drinks for Keef, things are looking pretty good fundamentally.