THE WAIT IS OVER: Multi-Channel E-Commerce Launch is Happening Now!
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It’s the big day: not just one landmark announcement but the convergence of multiple catalyst events is all taking place as BevCanna Enterprises Inc. (CSE: BEV, OTCQB: BVNNF) just released several updates on the commercial readiness of its Canadian cannabis and international consumer packaged goods verticals.
BevCanna, a diversified health and wellness, beverage and natural products company, recently announced a receipt of its Health Canada issued standard processing license, and a strategic sales license partnership to distribute BevCanna products to Canadian licensed retailers coast-to-coast.
Ever since, the company’s been rapidly scaling up its commercial manufacturing facility to begin immediate production of the Keef Brands line of beverages and the lines of BevCanna’s two recently announced white-label clients, Brujera Elixirs Inc. and Enthusiasmus Inc.
On top of that, BevCanna’s also been in active and detailed product listing discussions with provincial distributors across Canada to launch #1 U.S. Cannabis beverage, Keef Brand’s products, and white-label clients brands, State B Beverages and Chapeau Noir.
The Keef Brands partnership has been particularly noteworthy because Keef is currently the highest-grossing cannabis beverage company in the U.S. – and BevCanna is the exclusive licensee, manufacturing, and distribution partner for Keef Brands in Canada, which allows BevCanna to leverage the extensive Keef U.S. manufacturing and distribution network to access the U.S. cannabis market.
As you can see, there’s been a lot going on with BevCanna for the stakeholders to be excited about. So, what’s coming up next for BevCanna? The pace of activity won’t be slowing down anytime soon:
Throughout April and May, the company is expected to finalize provincial listing discussions and enter full-scale production on the path towards having beverages available across core provinces in time for the peak beverage consumption months.
Once listing agreements have been completed and purchase orders are received, BevCanna will focus on commencing commercial production against those demand forecasts. Product delivery to provincial warehouses and dispensaries and the subsequent sale to retail customers will commence shortly thereafter.
BevCanna is also in the process of evaluating a number of prospective white-label partners to meet the rising demand from both domestic and international partners seeking to access the Canadian cannabis market through BevCanna’s turnkey manufacturing capabilities.
Plus, there’s a breaking development happening right now since BevCanna’s wholly-owned subsidiary, Naturo Group, just announced the launch of its new TRACE e-commerce Website.
Customers will now be able to purchase a range of products directly through the site, as well as sign up for membership rewards and recurring product orders. TRACE’s e-commerce Website will serve as a catalyst to deepen brand awareness, increase direct-to-consumer engagement, and maximize lifetime customer value.
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Since its transformative acquisition by BevCanna, Naturo Group has focused on redesigning its marketing strategy around the domestic and international distribution of its market-leading TRACE brand.
The addition of two consumer packaged goods industry veterans, Raffael Kapusty and Bill Niarchos, have now accelerated TRACE’s business development program with national retail partners and leading distributor and broker networks.
There’s no need to wait for BevCanna and TRACE to capitalize on the international market growth of cannabis and wellness products – they’re already doing it, and the momentum is accelerating.
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