Tag: BVNNF
420 with CNW — Data Forecasts Global Marijuana Drinks Market to Hit $6B by 2030
A recently released report by Fact.MR forecasts that this year the global marijuana-infused drinks market will experience significant growth. Projections also show that a decade from now, the market’s revenues will have grown by more than 20 times, with a compound annual growth rate of about 38% to reach roughly $6 billion.
Marijuana is legal in more than 35 states for medical use and in 16 states for recreational use. The herb’s legalization has prompted an increase in the demand for marijuana and marijuana goods. This has led to more marijuana-infused beverage businesses entering the market in an attempt to meet this rising demand.
The spread of the legalization of recreational marijuana in the U.S. is expected to boost demand for marijuana-infused drinks in particular. Data shows that between 2016 and 2020, sales for marijuana-infused goods grew at a compound annual growth rate of about 20%, to reach $250 million last year.
In comparison with therapeutic marijuana use, the recreational use of marijuana has been found to be considerably superior, especially when illicit use is considered. In the coming decade, projections by Fact.MR show that increasing the therapeutic and recreational use of marijuana may likely cause an increase in the demand for marijuana-infused beverages.
Businesses involved in the market are currently working to develop THC emulsifications that will achieve a shorter uptake period, even less than half an hour. This aligns with consumer need for quick feedback on their dosage, which will in turn improve marijuana-infused beverage sales. Marijuana-infused drinks have also shown growing demand via e-commerce platforms, which offer autonomy in product selection, privacy and increased convenience.
Reported health advantages such as regulated blood pressure, relief from anxiety and depression, decreased weight gain and improved sleep patterns are also expected to propel the marijuana beverage market growth in the projected time frame. Additionally, the increased use of marijuana in pain relief and the treatment of cancer, epilepsy and various neurological ailments is also expected to increase the demand for marijuana-infused drinks.
At the moment, the CBD and hemp category in the United States is valued at roughly $1 billion. The U.S. is expected to become one of the biggest marijuana beverage industries worldwide, with federal legalization of marijuana for recreational, therapeutic and medicinal use driving market development.
However, the companies involved in the market will have to ensure that they comply with changing regulatory standards by testing and relabeling their goods in order to avoid hitches. This is an issue that existing cannabis drinks segment leaders such as BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) take seriously, since it is one of the building blocks of brands that resonate with consumers.
NOTE TO INVESTORS: The latest news and updates relating to BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) are available in the company’s newsroom at http://cnw.fm/BVNNF
About CNW420
CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.
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CannabisNewsBreaks – BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) Receives Initial Purchase Orders, Product Listings from Ontario Cannabis Store
BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), an emerging leader in innovative health and wellness beverages and products, announced that it has received multiple product listings, along with initial purchase orders, from the largest provincial distributor of cannabis products in Canada. The only legal online retailer of cannabis products in Ontario, the Ontario Cannabis Store (“OCS”) has placed orders for several products, including the internationally popular Bubba Kush Classic Sodaand Orange Kush Classic Soda, both from Keef Brands, the number-one selling U.S. beverage brand; BevCanna is the exclusive manufacturer of Keef Brands products in Canada. In addition, BevCanna announced that OCS would also offer Green Monké’s Mango Guavaand Orange Passionfruitbeverages. Initially launched in 2018, Green Monké beverages topped the list of cannabis beverages in the United Kingdom by 2019 and earned the title of best-tasting cannabis drinks in California earlier this year. BevCanna manufactures Green Monké in Canada through its white-label program. According to the announcement, the orders received for these market-leading drinks should be available online and on OCS shelves by next month. OCS is owned by the province of Ontario and is the only wholesaler of legal recreational cannabis products in the province. The prominent distributor works with Licensed Producers authorized by Health Canada, and all cannabis product inventory sold by Ontario retailers is bought through the OCS. “We’re very excited to launch these top-selling and highly anticipated beverages in Ontario through the OCS,” said BevCanna Enterprises president Melise Panetta in the press release. “The OCS is the largest retailer of cannabis products in Canada and will set the stage for rapid expansion across the country. It’s a significant milestone for BevCanna and will be the model for future launches for our existing and new beverage partners and clients.”
To view the full press release, visit https://cnw.fm/bNtve
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 a bottling 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, please visit www.BevCanna.com.
NOTE TO INVESTORS: The latest news and updates relating to BVNNF are available in the company’s newsroom at http://cnw.fm/BVNNF
About CanadianCannabisWire
CanadianCannabisWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.
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CannabisNewsBreaks – BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) Announces Completion of First Canadian Keef Beverage Production Run
BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), an emerging leader in innovative health and wellness beverages and products, has wrapped up the production of its first delivery of Keef cannabis-infused beverage to Canada. BevCanna is confident that the launch of its number-one selling product in the United States will establish the company as a leader in the Canadian cannabis-infused beverage sector. BVNNF’s Keef Brands has built an international reputation for its quality, and Canadian consumers have been waiting for the top-selling classic sodas to be available in their own country. BevCanna and Keef inked a bi-lateral partnership earlier this year for BevCanna to launch the Keef beverages in Canada. The agreement also enables BevCanna to leverage Keef’s extensive U.S. manufacturing and distribution network to launch its own line of products in the United States. “This inaugural run of Keef represents a significant milestone for BevCanna,” said BevCanna Enterprises president Melise Panetta in the press release. “We’re launching in multiple Canadian markets and are excited to be including this already well-known and loved cannabis brand among our first offerings. We expect that Keef will take a leadership position within the Canadian cannabis-infused beverage space.”
To view the full press release, visit https://cnw.fm/vygom
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 a bottling 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, please visit www.BevCanna.com.
NOTE TO INVESTORS: The latest news and updates relating to BVNNF are available in the company’s newsroom at http://cnw.fm/BVNNF
About CannabisNewsWire
CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.
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420 with CNW — Study Finds That Patients with Epilepsy Who Use CBD Have Higher Quality of Life
A recent study has found that patients with epilepsy who use CBD products experienced better sleep and a higher quality of life in comparison with those who didn’t take CBD. The study, which was carried out in partnership with scientists at the Johns Hopkins University School of Medicine, was published in the “Epilepsy & Behavior” journal.
The study discovered that epilepsy patients who used cannabinoid products also experienced less psychiatric symptoms, including anxiety, used fewer prescription medications generally and tolerated medications prescribed for epilepsy better. They also reported decreased healthcare use in comparison with patients in the control group.
The authors of the study noted that while no substantial differences in seizure control were observed between patients who didn’t use CBD and those who did, both groups had individuals who hadn’t suffered seizures in the past month.
In their report, the researchers stated that their findings highlighted the need for controlled research to ascertain optimal CBD doses, product types and associated use of other medications that would minimize potential risks and maximize clinical benefit of the cannabinoid’s use.
The study centered on alternatives to Epidiolex, which is the pharmaceutical-grade CBD oil product that the FDA approved to treat specific types of epilepsy in 2018. The researchers explained that prescription CBD was a restricted medication, noting that insurance coverage was often limited to patients who suffered from the approved indications, which is why most patients who suffer from epilepsy chose to use alternative CBD products that are sold by commercial vendors as dietary supplements.
For the study, the researchers conducted an analysis of survey results from nearly 300 patients who suffer from epilepsy and admitted to using artisanal CBD products and about 140 patients who revealed that they did not use any marijuana products. The study’s participants were recruited using social media posts and patient registries provided by the Realm of Caring Foundation, with follow-up surveys being conducted on 190 participants.
Nearly 75% of the patients who took part in the survey were white, with more than 50% of them being female. About 90% of the participants revealed that they had no history of recreational or nonmedical marijuana use. Additionally, more than 90% of the participants reported epilepsy as their main condition, with the remainder revealing that they developed epilepsy related to sleep disorders, neuropsychiatric or autoimmune conditions, cancer and other conditions.
The study was financed by a not-for-profit foundation devoted to CBD therapies, known as the Realm of Caring Foundation.
This study is yet another indication that people who use the CBD products made by cannabis companies such as BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) may obtain sme relief from certain symptoms that they suffer from.
NOTE TO INVESTORS: The latest news and updates relating to BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) are available in the company’s newsroom at http://cnw.fm/BVNNF
About CNW420
CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.
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CannabisNewsBreaks – BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE:7BC) Boasts Unique, Diverse Portfolio of Natural Health Products
BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), a diversified health and wellness beverage and natural products company, early this year completed the acquisition of Naturo Group, marking its expansion in the U.S. infused functional beverage market. The acquisition created an ideal situation for BevCanna to compete more effectively in the traditional functional beverage category. BevCanna is a leader in the cannabis-infused beverage and nutraceutical industry, while Naturo Group’s innovative plant-based mineral beverage and supplement brand, TRACE, and significant manufacturing infrastructure and international distribution networks, form the foundation of an industry-leading health and wellness company. “With the acquisition completed in February 2021, BevCanna now boasts one of the most unique and diverse portfolios of beverage and natural health products within both the cannabis and plant-based industries,” reads a recent article. “The company is the only fully licensed, in-house and white-label beverage manufacturing company that produces and distributes both conventional and cannabis-based CPG products.”
To view the full article, visit https://cnw.fm/4e17Z
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 a 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.
NOTE TO INVESTORS: The latest news and updates relating to BVNNF are available in the company’s newsroom at http://cnw.fm/BVNNF
About CannabisNewsWire
CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.
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420 with CNW — Cannabis Drinks: What You Should Know
As cannabis is legalized for recreational use in more states across the country, the popularity of cannabis products is increasing, especially cannabis drinks.
What are cannabis drinks?
These are beverages that have cannabis infused into them. Cannabis drinks and hemp-infused beverages don’t always contain alcohol, seeing as most are marketed as alternatives to alcohol. Some do contain cannabinoids such as CBN, CBG and CBD, while others contain THC, which is a psychoactive ingredient.
There is an option for both CBD and THC-infused beverages in some jurisdictions.
So, what’s the difference between CBD drinks and hemp drinks?
Cannabis sativa is an umbrella term used to refer to both marijuana and hemp plants. So when we talk about the cannabis industry, we’re referring to more than just weed. Cannabinoids such as hemp oil, Delta-8 and CBD are also included when we refer to this particular industry.
It should be noted that there are different markets within this industry. Additionally, most CBD- and THC-infused drinks aren’t classified as edibles.
The hemp market is involved in the sale of all products derived from hemp. The difference between CBD and hemp is mainly found in how the product is sourced. Hemp plants produce a lot of cannabinoids, including CBD. Hemp products are made with or from hemp oil. These products are usually sourced from the plant’s seeds while CBD products are sourced from the plant’s leaves and stem. This is why CBD products don’t contain hemp oil.
With regard to drinks, hemp beverages are infused with broad-spectrum hemp oil extracted from the hemp plant. These beverages contain small CBD amounts but high concentrations of terpenes and other cannabinoids.
Research has found that hemp soothes general inflammation, promotes heart health, lowers blood pressure and has a positive impact on mood.
On the other hand, CBD drinks are infused with CBD isolate, which means they lack THC. This explains why CBD-infused drinks are calming and relaxing. Although research is limited, CBD has demonstrated strong potential for effectively managing chronic pain, insomnia and anxiety.
What about THC drinks?
THC, or tetrahydrocannabinol, is the chemical responsible for most of the cannabis plant’s psychological effects. This means that THC beverages are infused with the cannabis plant’s main psychoactive compound. These beverages are better enjoyed when sipped on slowly rather than consumed quickly.
Depending on the potency of the THC drink, users may experience a sense of relief and euphoria or get wasted, especially if they drink too much of it, too fast.
Companies such as BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) have advanced the science of making cannabis beverages to such an extent that the segment is light years ahead of where it started.
NOTE TO INVESTORS: The latest news and updates relating to BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) are available in the company’s newsroom at http://cnw.fm/BVNNF
About CNW420
CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.
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CannabisNewsBreaks – BevCanna Enterprises Inc.’s (CSE: BEV) (OTCQB: BVNNF) (FSE:7BC) Naturo Group Awarded Contract with BC Wildfire Service
BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) today announced that its wholly owned subsidiary, Naturo Group, has been selected by the British Columbia Ministry of Forests, Lands, Natural Resource Operations and Rural Development, and has commenced manufacturing and delivery of a Special Limited Edition TRACE-branded white-label water for the Ministry’s Wildfire Services Division. “We’re pleased that we’ve been awarded the contract with BC Wildfire Service,” said Melise Panetta, president of BevCanna. “We are proud to be providing the firefighters with a special edition of our TRACE-branded natural 7.7ph alkaline spring water, sourced directly from our proprietary B.C. Interior aquifer – the very land and forest that they work so hard to keep safe. We think that it’s very fitting that these heroes will be kept hydrated with B.C.’s own TRACE-branded water. We’ve already begun production and delivery to the firefighters.”
To view the full press release, visit https://cnw.fm/VnT6p
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 a bottling capacity of up to 210M 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.
NOTE TO INVESTORS: The latest news and updates relating to BVNNF are available in the company’s newsroom at http://cnw.fm/BVNNF
About CannabisNewsWire
CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.
To receive SMS text alerts from CannabisNewsWire, text “CANNABIS” to 21000 (U.S. Mobile Phones Only)
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420 with CNW — Clinical Studies Shed Light on Various Wellness Benefits of Phytocannabinoids
The CBD sector is among the fastest-growing subcategories of consumer natural health products and for good reason. A recent report estimates that last year, the international consumer health CBD market was worth more than $9 billion, with an expected compound annual growth rate of nearly 25% in the period between 2020–2027.
Studies linking health and wellness to CBD have also driven the manufacture of products derived from CBD in industries such as food and beverages, nutraceuticals, personal care and cosmetics and pharmaceuticals, for health and wellness purposes.
Verdant Oasis VP Carl Germano states that new research which sheds light on the role of hemp phytocannabinoids such as CBD in supporting the endocannabinoid system will influence medicine and nutrition significantly.
Phytocannabinoids are cannabinoids that occur naturally in the marijuana plant. Thus far, researchers have identified more than 120 terpenes and 100 cannabinoids.
Below are some of the uses of CBD and other phytocannabinoids in wellness applications.
Skin conditions
Research has found that CB1 and CB2, which are cannabinoid receptors, are found in hair follicles, eccrine sweat glands, melanocytes, dermal cells, cutaneous nerve fibers and epidermal keratinocytes. A study that administered CBD to cultured human sebocytes found that CBD could be used as a therapeutic agent for treating acne vulgaris because of its combined anti-inflammatory, anti-proliferative and lipostatic effects.
Dr. Jacknin’s Skincare CEO Jeanette Jacknin asserted that research had shown that topical CBD as well as other cannabinoids could help in wounds, eczema and acne and suggested that cannabinoids may also help with itching.
Anxiety
A recent review that centered on anxiety disorders and CBD found that CBD held significant potential as a treatment for multiple anxiety disorders. CBD also demonstrated effectiveness in decreasing anxiety in social anxiety disorder.
Immune/respiratory health
In a modeling study that simulated symptoms of acute respiratory distress syndrome, treatment using CBD reversed symptoms by increasing the quantity of a peptide known as apelin, which plays a crucial role in the peripheral and central regulation of immunity.
Another study found that cannabidiol could alleviate the uncontrolled cytokine production responsible for damaging lung tissue, in addition to launching numerous anti-inflammatory and immunomodulatory effects.
Bone health
There is increasing evidence that suggests that phytocannabinoids have a positive effect on the musculoskeletal system. Research has found that CB1 and CB2 receptors, which can be found in bones, help to regulate bone maintenance. In animal studies, researchers have discovered that CBD can protect against bone loss and improve the healing of bone tissue.
With more interest and funds being directed to cannabinoid research to discover the therapeutic benefits they deliver, the CBD market is expected to grow significantly in the future.
As more becomes known about the benefits of phytocannabinoids, companies that make cannabinoid supplements and supplements, such as BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), are likely to benefit.
NOTE TO INVESTORS: The latest news and updates relating to BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) are available in the company’s newsroom at http://cnw.fm/BVNNF
About CNW420
CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.
To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)
For more information please visit https://www.CNW420.com
Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW420, wherever published or re-published: http://CNW.fm/Disclaimer
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CannabisNewsBreaks – BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE:7BC) Responds to Soaring Consumer Demand for TRACE Products
BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), a diversified health and wellness beverage and natural products company, inked two new distribution deals, significantly expanding its North American footprint for its TRACE lineup of alkaline and mineral-infused water products. The deals — with Koyo Foods, one of the largest health food distributors in Eastern Canada, and Benefit Brand Management, a leading wholesaler of natural products in the United States — grew BevCanna’s initial distribution network and fueled demand for the products. “In response to consumer demand for take-home and value-priced options, BevCanna is launching new TRACE multi-packs in national retailers across Canada. . . . ‘We’re pleased that the consumer demand for the TRACE line of alkaline and mineral-infused water products has taken off so quickly,’ said Melise Panetta, president of BevCanna. ‘The addition of new multi-pack options reflects the very positive response we’ve seen in the Canadian marketplace to our wellness-focused range of products,’”
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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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