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This is important: BevCanna (US: BVNNF) owns a pristine alkaline spring water aquifer and a 40,000-square-foot, HACCP certified manufacturing facility that can manufacture up to 210 million bottles each and every year!
BevCanna Enterprises Inc. (CAD: BEV & US: BVNNF) develops and manufactures a range of plant-based and cannabis beverages and nutraceuticals for both in-house brands and white-label clients.
BevCanna’s wholly-owned subsidiary, Pure Therapy, is a direct-to-consumer e-commerce company, selling a range of natural health products, including nutraceutical and hemp-based cannabidiol products throughout North America and Western Europe.
In February 2021, BevCanna completed its transformative acquisition of established beverage company Naturo Group. With the recent completion of this acquisition, BevCanna is evolving into a diversified comprehensive health and wellness company!
This allows BevCanna to offer one of the most unique and diverse portfolios of beverage and wellness products within both the cannabis as well as the plant-based CPG categories.
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BevCanna is in the unique position of being one of the only fully licensed, in-house and white-label beverage manufacturing companies that distributes both traditional CPG and cannabis-based beverage and wellness products!
Here are the specs, including the details on the business combination and the manufacturing facility: BevCanna now holds direct ownership of Naturo Group’s 40,000 sq. ft., high-capacity beverage facility, and 315-acres of outdoor cultivatable land valued at $10.4 million, and beverage manufacturing equipment valued at $3.4 million (as of year-end 2020), along with a proprietary Health Canada approved fulvic and humic plant-based mineral formulation.
The specs of the manufacturing facility are as follows:
• Capacity is 1,165 liters per minute with existing wells
• bottling capacity: 210 million bottles per annum
• HACCP certified, GMP and Health Canada cannabis approved facility!
• ALC pre-approval for 7-phase expansion to 170,000 square feet
• Specialty equipment: flash pasteurizer and bottle form blower machine
• Dual production line allows for non-stop production
• CFIA Health Canada Food Doctorate approval for beverages in Canada!
BevCanna also directly owns of one of Naturo Group’s most valuable assets, their exclusive on-site alkaline spring water source, independently valued at $18 million.
As water resources become increasingly scarce, BevCanna expects that the proprietary on-site alkaline spring water source should contribute to a strengthened balance sheet.
We’re talking about a pure spring water aquifer with a natural +pH7.7 straight from the aquifer – it’s as pristine as it gets. The alkaline water is bottled at the source, untouched by man, and provides an untapped capacity as the aquifer has been self-replenishing for the past 70 years, utilizing only 1.5% of the water table per year.
The timing for BevCanna to acquire the TRACE brand couldn’t be any better, in our view, as the bottled water market is valued at more than CAD$20bn in North America alone and the enhanced premium spring water category continues to expand quickly with 62% growth in the last 2 years.
The company’s awareness campaigns also enhance the overall footprint of the brand – now available at 3,000 stores and counting.
BevCanna is also poised for rapid growth in the U.S. recreational cannabis market through a strategic alliance with the #1 cannabis beverage company in the United States, Keef Brands!
Keef Brands currently offers eight of the top ten-selling cannabis beverages in Colorado as well as two of the ten top-selling ones in California. Keef Brands also ranks first in the U.S. both in units and dollars sold among all cannabis beverage companies.
BevCanna will act as the exclusive licensee, manufacturing and distribution partner to the award-winning U.S. line of Keef infused beverages for the Canadian market.
Moreover, Keef Brands has taken an equity position in BevCanna: Do your homework on BevCanna (US: BVNNF)!
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The Company’s publications often pertain to gold and mining stocks, which discuss a direct relationship between the price of gold or silver and the stock price of a gold or silver mining stock. We discuss with respect to various issuers that there is a relationship between the price of gold or silver to the stock price of a gold or silver mining stock, i.e. that the higher the price of gold or silver, the higher the price of the stock. You should use extreme caution in adopting any such conclusions, because such statements do not account for any of the following factors:
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(o) forward looking statements are limited to the time period in which they are made and we do not undertake to update forward looking statements that may change at any time; and (p) we make statements in our profiles that an issuer’s stock price has increased over a certain period of time; however, these statements only reflects an arbitrary period of time, and is of little or no predictive or analytical quality.
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