BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), a diversified health and wellness beverage and natural products company, is looking to leverage its position in the growing market as a white-label manufacturer of infused-cannabis beverage brands. A new report that forecasts the cannabis beverage market will grow at 17.85% CAGR from 2019 to 2025 has companies such as BevCanna anticipating increased numbers as well. A recent article, which contains excerpts from the report by Million Insights, notes, “‘The increasing demand for the health and wellness drink is boosting the market growth,’ the report states… Another insight offered by the report is the rising demand for cannabis drinks from cafes, restaurants, lounges and clubs as ‘the changing consumer preference and decline in the sale of alcoholic drinks is increasing beverage consumption.’ All these factors combine to fuel the anticipated growth in the expanding cannabis beverage market. Because BevCanna is a diversified health and wellness beverage and natural products company, the company is particularly well qualified to meet the demand for these types of drinks.”
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About BevCanna Enterprises Inc.
BevCanna Enterprises is a diversified health and wellness beverage and natural products company. BevCanna develops and manufactures a range of plant-based and cannabinoid beverages and supplements for both in-house brands and white-label clients. With decades of experience creating, manufacturing and distributing iconic brands that resonate with consumers on a global scale, the team demonstrates an expertise unmatched in the nutraceutical and cannabis-infused beverage categories. Based in British Columbia, BevCanna owns a pristine alkaline spring water aquifer and a world-class, 40,000-square-foot, HACCP-certified manufacturing facility, with capacity of up to 210 million bottles annually. BevCanna’s extensive distribution network includes more than 3,000 points of retail distribution through its market-leading TRACE brand, its Pure Therapy natural health and wellness e-commerce platform, its fully licensed Canadian cannabis manufacturing and distribution network, and a partnership with number-one U.S. cannabis beverage company Keef Brands. For more information about the company, visit www.BevCanna.com.
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