White label manufacturing is a booming business.

BevCanna (US: BVNNF), which has so many interesting angles to its business model, continues to trade at quotes that are 50% below its all-time high of Mid-February.

Similarly to how gold companies are correlated with the spot price of the underlying commodity, companies like this are also valued as a derivative of the likelihood of further legalization, on top of thefact that BevCanna (US: BVNNF) already generates revenues from E-commerce, white label agreements and its own in-house brands.

White label manufacturing allows a company to generate revenues, thanks to an already existing product from another retailer.

White label manufacturing is a booming business. An example is Amazon’s “Amazon Basics” line, along with its family of in-house brand offerings under the “Our Brands” label. At an estimated $60.8bn in size with growth rates upwards of 41%, white label/private label manufacturing is positioned to grow quickly in the foreseeable future. BevCanna has signed several new white label agreements in March alone!

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    There are a number of reasons why cannabis still has immense growth potential ahead of it:

    • CBD is going Mainstream – It’s now being added to a broad variety of packaged goods, with the U.S. CBD market expected to reach $20 billion in 2024! 
    • Legislation will drive growth – Nearly 70% of Americans now support the full legalization of cannabis! 
    • Cannabis sales are soaring – Monthly Canadian cannabis sales reached an all-time high of CAD$270mn, a dramatic increase from CAD$180 million just six months earlier!

    BevCanna (US: BVNNF) is the largest cannabis holding in the portfolio by far!

     

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      Disclosure/Disclaimer:

      We are not securities dealers or brokers, investment advisers or financial advisers, and you should not rely on the information herein as investment advice. We are a marketing company and are paid advertisers. If you are seeking personal investment advice, please contact a qualified and registered broker, investment adviser or financial adviser. You should not make any investment decisions based on our communications. On July twenty second of twenty twenty, in connection with our agreement with New Found Gold Corp, we received a total sum of three hundred and sixty nine thousand dollars to Gold Standard Media LLC. We contracted with New Found Gold Corp to provide advertising services for a period of twenty four months. On March third twenty twenty one, in connection with our agreement with New Found Gold Corp, we received three hundred thousand USD to Future Money Trends LLC. On March eighth twenty twenty one, in connection with our agreement with New Found Gold Corp, we received two hundred thousand USD to Wallace Hill Partners LTD. On March third twenty twenty one, in connection with our agreement with Bevcanna Enterprises Inc, we received five hundred thousand dollars, from Bevcanna Enterprises Inc. On March ninth of this year, we purchased two and a half million warrants, directly from the company. Examples that we provide of share price increases pertaining to a particular Issuer from one referenced date to another represent an arbitrarily chosen time period and are no indication whatsoever of future stock prices for that Issuer and are of no predictive value. Our stock profiles are intended to highlight certain companies for your further investigation; they are not stock recommendations or constitute an offer or sale of the referenced securities. The securities issued by the companies we profile should be considered high risk; if you do invest despite these warnings, you may lose your entire investment. Please do your own research before investing, including reading the companies’ SEDAR and SEC filings, press releases, and risk disclosures. It is our policy that information contained in this profile was provided by the company, extracted from SEDAR and SEC filings, company websites, and other publicly available sources. We believe the sources and information are accurate and reliable but we cannot guarantee it.

      Please read our full disclaimer at PortfolioWealthGlobal.com/bevodisclaimer

       

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