BevCanna Enterprises Inc. has signed an agreement to manufacture and distribute white-label cannabis beverages for Averi Health Products, a company focused on alcohol-free cannabis-infused alternatives.
Averi aims to meet the rising demand for adult beverages as millennials consume 20% less alcohol.
Leveraging BevCanna's extensive experience, Averi plans to launch a portfolio of cannabis-infused drinks in Canada, utilizing BevCanna’s state-of-the-art manufacturing capabilities and distribution network.
BevCanna Enterprises has announced a white-label agreement with Xebra Brands Ltd., marking its fifth cannabis white-label client. The partnership aims to distribute Xebra’s Vicious Citrus™ THC Lemonade in Canada, with an initial launch planned in Ontario, British Columbia, and Alberta for Spring 2022. The agreement is designed to enhance BevCanna's revenue streams in the Canadian cannabis market, leveraging its expertise in large-scale production. The collaboration is expected to expand as more innovative products from Xebra are introduced.
BevCanna Enterprises Inc. has secured a major distribution agreement with United Natural Foods, Inc. (UNFI) to distribute its TRACE product line across Canada. This partnership marks a significant milestone for BevCanna as UNFI is the largest publicly-traded wholesale distributor in North America, servicing over 30,000 customer locations. The agreement is expected to enhance BevCanna's market presence and increase product awareness among retailers, with the company anticipating growth in the coming months.
BevCanna Enterprises (CSE: BEV; OTCQB: BVNNF; FSE: 7BC) is promoting the rise of the natural wellness trend in North America. As cannabis legalization progresses, the company is expanding its product offerings in the health and wellness sectors, including cannabis and non-cannabis products. With a focus on direct-to-consumer e-commerce and hemp-derived CBD products, BevCanna is strategically positioned to capitalize on the convergence of wellness and cannabis markets. The company boasts a strong distribution network and a HACCP-certified manufacturing facility, enhancing its production capabilities.
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BevCanna Enterprises Inc. (CSE: BEV) announced its editorial placement in NetworkNewsWire, highlighting the growing demand for natural wellness products post-COVID-19. The company aims to capitalize on cannabis market maturation, referred to as cannabis 3.0, as legislative discussions regarding a national marijuana market continue. In 2021, BevCanna expanded its operations from a cannabis beverage focus to a broader health and wellness company through strategic acquisitions. The firm boasts a substantial alkaline spring water aquifer and a manufacturing facility capable of producing 210 million bottles annually.
BevCanna Enterprises Inc. has launched its award-winning Keef Brands cannabis-infused beverages in Ontario, with sales through the Ontario Cannabis Store (OCS) beginning in October 2021. The launch includes products like Bubba Kush Classic Soda and Orange Kush Classic Soda, anticipated to drive rapid expansion across Canada. BevCanna plans additional production runs due to high demand. OCS, the largest cannabis distributor in Canada, will help facilitate this growth, setting the stage for further provincial launches.
BevCanna Enterprises Inc. has announced its acquisition of Embark Health Inc. on September 19, 2021, adding valuable assets worth $17M to its balance sheet. This acquisition enhances BevCanna’s beverage portfolio with four innovative brands targeting the adult-use cannabis market, contributing to a total of over $100M in assets. The deal signifies a significant step towards diversifying BevCanna's health and wellness product offerings and includes proprietary technology for advanced cannabis extracts and delivery systems.
BevCanna Enterprises Inc. announces multiple new product listings from the British Columbia Liquor Distribution Branch (BCLDB), including popular beverages from Keef Brands and new local brand State B. Products are set to ship in late September 2021. The BCLDB, a major provincial distributor, operates a strong retail cannabis business and contributes over $1 billion annually to public services in British Columbia. BevCanna is the exclusive manufacturer of Keef Brands in Canada, further boosting its market presence.
BevCanna Enterprises Inc. has partnered with Velvet Management Inc., a leading cannabis sales agency, to enhance its market penetration in Canada. Velvet will act as BevCanna’s retail sales force, promoting their brands including the top-selling Keef Brands. The collaboration aims to boost brand awareness and drive sales through effective marketing and retailer engagement. The company will also invest in product sampling and budtender training. The agreement is expected to accelerate sales and expand BevCanna's reach across key provinces, particularly Ontario.