BevCanna Signs White-Label Agreement to Produce Cannabis-Infused Beverages for Xebra Brands
BevCanna Enterprises has announced a white-label agreement with Xebra Brands Ltd., marking its fifth cannabis white-label client. The partnership aims to distribute Xebra’s Vicious Citrus™ THC Lemonade in Canada, with an initial launch planned in Ontario, British Columbia, and Alberta for Spring 2022. The agreement is designed to enhance BevCanna's revenue streams in the Canadian cannabis market, leveraging its expertise in large-scale production. The collaboration is expected to expand as more innovative products from Xebra are introduced.
- Partnership with Xebra Brands enhances revenue potential in the cannabis sector.
- BevCanna continues to expand its white-label client roster, indicating business growth.
- None.
Agreement represents BevCanna’s fifth cannabis white-label client; Company continues to ramp up Canadian cannabis revenue stream
Vicious Citrus™ -- Lemonade for Renegades™ -- “True rebels are direct, honest, and stand up for what they believe in… just like Vicious Citrus. Vicious Citrus cannabis-infused lemonades don’t compromise on great taste and blaze a refreshingly original path.” www.viciouscitrus.com (Photo: Business Wire)
“We’re thrilled to partner with
The agreement will leverage BevCanna’s unique white-label partnership model that allows both cannabis-license holders and non-licensed CPG groups to enter and launch their brands into the Canadian market. The white-label agreement will be subject to MOQs (minimum order quantities).
“We continue to expand our roster of new white-label customers and innovative CPG brands,” said
About
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
About
Xebra is a privately held cannabis company pending a public listing, with global brands and intellectual property, and first mover status in
On behalf of the Board of Directors:
Director,
Disclaimer for Forward-Looking Information
This news release contains forward-looking statements. All statements, other than statements of historical fact that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future are forward-looking statements. Forward-looking statements in this news release include statements regarding: the agreement with Xebra, its terms and the parties’ commitments under the agreement, anticipated benefits and commercial developments; that the Company continues to ramp up its Canadian cannabis revenue stream; that the Company continues to expand its roster of new white-label customers and innovative CPG brands; that the Company continues to ramp up revenue in this division; and other statements regarding the business plans of the Company. The forward-looking statements reflect management’s current expectations based on information currently available and are subject to a number of risks and uncertainties that may cause outcomes to differ materially from those discussed in the forward-looking statements.
Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, undue reliance should not be put on such statements due to their inherent uncertainty. Factors that could cause actual results or events to differ materially from current expectations include, among other things: general market conditions; changes to consumer preferences; and volatility of commodity prices; and other factors beyond the control of the parties. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law, and the Company does not assume any liability for disclosure relating to any other company mentioned herein.
This news release contains future-oriented financial information and financial outlook information (collectively, “FOFI”) about BevCanna’s revenue, all of which are subject to the same assumptions, risk factors, limitations, and qualifications as set out in the above paragraphs. The actual financial results of
View source version on businesswire.com: https://www.businesswire.com/news/home/20211007005390/en/
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