CRITICAL ALERT: SO MUCH RIDING ON THIS!
I am still amazed by one thing: on January 9th, the company raised capital for a share price of CAD$1.50 with a warrant at CAD$2.00! As of the time of this writing, shares trade on the open market for CAD$1.01 – Research This Now!
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!
The company’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.
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!
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!
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BevCanna’s exclusive on-site alkaline spring water source is 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.
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)!
This is a company that principals of Wealth Research Group hold as our sole position in the cannabis sector; conduct your due diligence on it!
The Portfolio Wealth Global Team
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On March third twenty twenty one, in connection with our agreement with Bevcanna Enterprises Inc., we received USD five hundred thousand dollars, from Bevcanna Enterprises Inc. On March 9th, 2021, we purchased 2.5 million warrants directly from the company.