Stay updated with breaking news from Pure therapy. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Diversified health and wellness, beverage and natural products company, BevCanna Enterprises Inc. signed a definitive agreement with St. Peter’s Drinks, to co-manufacture CBD and THC-infused beverages for its international beverage brand, Green Monké. This is the third white-label agreement that BevCanna has signed since receipt of its Standard Processing License, following on the heels of agreements recently signed with State B Beverages and Enthusiasmus. St. Peter’s Drinks is employing BevCanna’s white-label partnership model, which allows non-licensed partners to enter the Canadian cannabis market seamlessly and compliantly. St. Peter’s Drinks will leverage BevCanna’s extensive experience in producing beverages at scale as well as its recently announced Canadian Sales License partnership for distribution to provincial buying groups. The white-label agreements, including the Green Monké contract, are subject to minimum order quantities.
Posted on 7499 BevCanna” or the “ Company”) announces today that it has signed a supply agreement with innovative cannabis processor Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA). BevCanna will have the ability to utilize Nextleaf’s Rapid Emulsion Technology by OILS™ (“Rapid”) THC and CBD concentrate within select BevCanna in-house and white-label products. Made with Nextleaf’s high purity cannabis distillate, Rapid’s unique structure and composition allows the final ingredient to be fundamentally tasteless, odorless, and achieve optical transparency through uniform and complete dispersion in water. Ten years of prior R&D has resulted in a patent pending emulsion technology adapted to cannabinoids, to deliver rapid onset of THC, CBD, and other cannabinoids.
BevCanna Appoints Former PepsiCo Executive as President financialbuzz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialbuzz.com Daily Mail and Mail on Sunday newspapers.
Nextleaf Solutions Ltd.: Nextleaf Solutions Supplies Rapid Emulsion to Cannabis-Infused Beverage Manufacturer BevCanna finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
Press release content from Business Wire. The AP news staff was not involved in its creation. BevCanna Announces Receipt of Health Canada Standard Processing License February 16, 2021 GMT VANCOUVER, British Columbia--(BUSINESS WIRE)--Feb 16, 2021-- Emerging leader in innovative health and wellness beverages and products, BevCanna Enterprises Inc. (CSE:BEV, Q:BVNNF, FSE:7BC) (“ BevCanna ” or the “ Company ”) is pleased to announce that it has received a Standard Processing License from Health Canada. The Company is now fully authorized to begin production at its full service, high-capacity beverage manufacturing facility. BevCanna will begin production of its white-label products, #1 U.S. cannabis beverage brand Keef and its in-house beverages, through licensed Canadian retailers, positioning the Company to fully capitalize on the burgeoning Canadian cannabis-infused beverage sector.
(MENAFN - Baystreet.ca) CBD-infused beverages are quickly gaining traction in the cannabis industry. Tilray Inc. (NASDAQ:TLRY), which announced plans to merge with Aphria, will reportedly have a "strong consumer packaged goods presence and infrastructure with two strategic pillars, including SweetWater, a cannabis lifestyle branded craft brewer, and Manitoba Harvest, a pioneer in branded hemp, CBD and wellness products with access to 17,000 stores in North America. The Combined Company is expected to leverage SweetWater's craft beer manufacturing and distribution network to build brand awareness for the Combined Company's leading brands via craft beers, hard seltzers, and other beverages as it seeks to take advantage of opportunities for both the adult-use and health and wellbeing beverage trends."
Press release content from Business Wire. The AP news staff was not involved in its creation. BevCanna’s Pure Therapy Reports Record Monthly Revenue January 20, 2021 GMT VANCOUVER, British Columbia--(BUSINESS WIRE)--Jan 20, 2021-- Emerging leader in health and wellness beverages and products, BevCanna Enterprises Inc. (CSE:BEV, Q:BVNNF, FSE:7BC) (“ BevCanna ” or the “ Pure Therapy, has achieved record sales since its acquisition by BevCanna in September 2020. The direct-to-consumer e-commerce platform has continued its strong 2020 revenue growth into the first quarter of 2021, with extremely positive month-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 to date in 2021. The company has also acquired 3,270 new active customers since its acquisition by BevCanna.
The global CBD-infused beverage market is expected to jump from about $89 million to more $1.4 billion just over the next three years, according to Zenith Global. By 2024, that number could soar to about $4.4 billion. In addition, according to Grand ...
BevCanna Completes $5M Capital Injection, Including a Fully-Subscribed $3.5M Above Market Offering at $1.50 financialbuzz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialbuzz.com Daily Mail and Mail on Sunday newspapers.