WELLSPRING IN A TIME OF WATER SCARCITY: On-Site Water Source Worth Millions!
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In a time when fresh, clean water is richly valued and selling at a premium, an emerging leader in the health and wellness space has acquired direct ownership of one of the world’s purest water sources. It’s a massive development for a premier beverage business.
Diversified health and wellness, beverage and natural products company, BevCanna Enterprises Inc. (CSE: BEV, OTCQB: BVNNF) recently closed a transformative acquisition of Naturo Group Investments Inc. to create a high growth diversified health and wellness company.
Naturo Group owns and operates market leading nationally distributed house brands across Canada that are currently sold in more than 3,000 Canadian retailers, including 7/11, Loblaws, London Drugs, Metro, and Farm Boy, as well as online via www.mytracewellness.com and Amazon. They’re also expanding into international markets in 2021.
This deal brings two exceptionally experienced teams together, creating one of the largest traditional beverage, cannabis beverage, and natural consumer packaged goods players in the industry.
Through the acquisition, BevCanna will take ownership of a 40,000-square-foot, HACCP-certified beverage facility (bottling capacity of up to 210 million bottles per annum), 315-acres of cultivatable land, a natural alkaline spring water aquifer, and beverage manufacturing equipment independently valued at nearly $40M as of the January 2021.
But the real game-changer here could be BevCanna’s exclusive on-site alkaline spring water source that’s been independently valued at $18 million.
Based in the heart of British Columbia, Canada, this pristine alkaline spring water aquifer is a timely acquisition that’s expected to add tremendous value to BevCanna’s balance sheet.
As water resources become increasingly scarcer, BevCanna expects that this proprietary resource will contribute to a strengthened balance sheet and BevCanna’s unique positioning within the exploding alkaline, plant-based and cannabis beverage sectors.
In 2021, consumers continue to flock to health and wellness products, and BevCanna’s wide range – including the innovative TRACE line of products, with their proprietary plant-based mineral beverage, alkaline and sparkling beverages, and natural supplements – is a perfect fit for this progressive market.
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Acquiring this vast premium alkaline spring water source will enable BevCanna to realize its transformation into a diversified health and wellness company, with a unique and distinct competitive advantage. As consumers continue to flock to health and wellness products, access to clean, naturally alkaline spring water will only enhance BevCanna’s ability to reach an entirely new market of customers.
The acquisition of Naturo Group was recently finalized, so it’s a done deal and BevCanna can now unlock the synergies between the two companies, leveraging the strengths that each brings to the table.
It’s been said that roughly 1 in 10 people on Earth do not have access to clean water. BevCanna’s sitting on a rare and precious resource, with a mission of providing the absolute best available wellness products to the world – a notable goal in a time when scarcity makes clean water more valuable than ever.
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