BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) Diversifies to Seize Health, Wellness Opportunity

Rhea-AI Summary

BevCanna Enterprises Inc. (CSE: BEV) announced its editorial placement in NetworkNewsWire, highlighting the growing demand for natural wellness products post-COVID-19. The company aims to capitalize on cannabis market maturation, referred to as cannabis 3.0, as legislative discussions regarding a national marijuana market continue. In 2021, BevCanna expanded its operations from a cannabis beverage focus to a broader health and wellness company through strategic acquisitions. The firm boasts a substantial alkaline spring water aquifer and a manufacturing facility capable of producing 210 million bottles annually.

Positive

• Strategic expansion into health and wellness products with multiple acquisitions.
• Production capacity of up to 210 million bottles annually.
• Positioned to capitalize on the growing 'natural wellness' market post-COVID-19.

Negative

• None.

NEW YORK, Sept. 29, 2021 (GLOBE NEWSWIRE) -- via InvestorWire — BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) today announces its placement in an editorial published by NetworkNewsWire ("NNW"), one of 50+ trusted brands within the InvestorBrandNetwork (“IBN”), a multifaceted financial news and publishing company for private and public entities.

To view the full publication, “Natural Wellness Trend Gathering Steam in North America,”
please visit: https://nnw.fm/UlD6Y

As part of the reopening economy, investors should be monitoring several trends in the healthcare space, including several that fall in the “natural wellness” or “natural alternatives'' categories.  The COVID-19 pandemic shone a bright light on lifestyle and self-care as people were encouraged, and often mandated, to stay at home. The trend further points to the next phase of cannabis market maturation, dubbed cannabis 3.0, against the backdrop of legislators discussing the Cannabis Administration and Opportunity Act that would create a national market for marijuana.

Looking to address this opportunity, BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) has been expanding and diversifying its business in 2021 from its core business as a high-capacity cannabis beverage company into a diversified health and wellness company through a number of accretive acquisitions.

About BevCanna Enterprises Inc.

BevCanna Enterprises is a diversified health and wellness beverage and natural products company. BevCanna develops and manufactures a range of alkaline, plant-based and cannabinoid beverages and supplements for both in-house brands and white-label clients. With decades of experience creating, manufacturing and distributing iconic brands that resonate with consumers on a global scale, the team demonstrates an expertise unmatched in the nutraceutical and cannabis-infused beverage categories. Based in British Columbia, Canada, BevCanna owns a pristine alkaline spring water aquifer and a world–class 40,000–square–foot, HACCP-certified manufacturing facility, with a bottling capacity of up to 210M bottles annually. BevCanna’s extensive distribution network includes more than 3,000 points of retail distribution through its market-leading TRACE brand, its Pure Therapy natural health and wellness e-commerce platform, its fully licensed Canadian cannabis manufacturing and distribution network, and a partnership with no. 1 U.S. cannabis beverage company Keef Brands.

For more information about the company, visit www.BevCanna.com.

NOTE TO INVESTORS: The latest news and updates relating to BVNNF are available in the company’s newsroom at http://ibn.fm/BVNNF

About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness.

NNW is where news, content and information converge.

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NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

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FAQ

What recent announcement did BevCanna Enterprises Inc. make regarding its business focus?

BevCanna announced its strategic expansion from a cannabis beverage company to a diversified health and wellness firm.

What is the stock symbol for BevCanna Enterprises Inc.?

The stock symbol for BevCanna Enterprises Inc. is BVNNF.

How is BevCanna Enterprises capitalizing on the natural wellness trend?

BevCanna is expanding its product offerings and business operations to include natural wellness products as part of a broader strategy.

What capacity does BevCanna's manufacturing facility have?

BevCanna's manufacturing facility has a bottling capacity of up to 210 million bottles annually.

How does BevCanna plan to benefit from cannabis market maturation?

BevCanna plans to benefit by positioning itself strategically as cannabis market discussions, such as the Cannabis Administration and Opportunity Act, progress.