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.
BevCanna Advances to Final Stage of Health Canada Standard Processing Licence businesswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesswire.com Daily Mail and Mail on Sunday newspapers.
BevCanna Advances to Final Stage of Health Canada Standard Processing Licence VANCOUVER, British Columbia (Business Wire) Emerging leader in infused cannabis beverages, BevCanna Enterprises Inc. (CSE:BEV, Q:BVNNF, FSE:7BC) (“ BevCanna” or the “ Company”) is pleased to announce today that its application for a Standard Processing Licence has advanced to the final stages of the in depth review with Health Canada. BevCanna and Health Canada are in closing discussions. The Company submitted its formal responses to Health Canada’s Request for More Information (RMI) on December 8, 2020, and has received confirmation from the Health Canada Assigned Reviewer that no additional RMIs are anticipated.
Dec 17, 2020 Rebecca Loree, Market One Media BevCanna specializes in the manufacturing and distributing of in-house and white-label cannabis-infused beverages and consumer products. , Image courtesy of Market One Media BevCanna is bullish on this market with the company recently executing a Definitive Agreement with Naturo Group Investments Inc. Naturo owns and operates nationally distributed house brands across Canada which are currently sold in more than 3,000 Canadian retailers With attitudes towards cannabis drastically changing over the last few years, coupled with nationwide recreational cannabis legalization, a new vertical is emerging â and itâs drawing investor attention. This new trend is centered around cannabis-infused beverages.
BevCanna” or the “ Company”) announced its intention today to further expand into the U.S. market, and is evaluating a list of potential strategic partnership and acquisition targets. BevCanna is actively targeting strategic partnerships and M&A opportunities within the American market, as well as the potential to expand further into the U.S. through internal growth projects. The Company is specifically seeking strong beverage brands, manufacturers and distributors that have a wide range of capabilities and established distribution networks. “The U.S. market for plant-based functional beverages and consumer products is exploding,” said Marcello Leone, CEO of BevCanna. “We’re seeing exceptionally strong year over year growth across a number of wellness categories, and as we evolve into a comprehensive health and wellness company focused on plant-based functional beverages and natural health products, we see unlimited opportunities to bring our products and expertise to this burgeoning market.”