BEVCANNA ENTERPRISES INC - BVNNF STOCK NEWS

BevCanna Enterprises has announced a co-packing agreement with Riviera Beverages to manufacture its TRACE plant-based and hemp-derived CBD beverages for U.S. and international markets. Riviera, a leading beverage manufacturer, will help BevCanna expand its portfolio, allowing potential production of up to 150 million USD in annual wholesale value. The partnership supports BevCanna's strategy to penetrate new markets, including Japan and the Philippines. Recent additions to the sales team are expected to enhance distribution across major retailers.

BevCanna Enterprises announced a definitive agreement with St. Peter’s Drinks to co-manufacture CBD and THC-infused beverages under the Green Monké brand. This partnership marks BevCanna's third white-label agreement since obtaining its Standard Processing License. St. Peter’s Drinks aims to enter the Canadian cannabis market leveraging BevCanna’s extensive manufacturing experience. The Green Monké brand, already successful in the UK, plans to expand into Canada, capitalizing on the growing demand for cannabis-infused beverages. BevCanna anticipates more partnerships in the future.

BevCanna Enterprises (Q:BVNNF) is poised to launch its TRACE brand in the U.S., starting with an e-commerce platform and expanding to retail stores. The company aims to capture the growing demand for plant-based functional beverages. TRACE's proprietary mineral formulation promises wellness benefits, including improved cognitive performance and gut health. Additionally, BevCanna has closed a debt settlement of $473,414 through the issuance of 614,825 common shares at $0.77 each, with related party transactions involving directors exempt from minority approval requirements.

BevCanna Enterprises (BVNNF) is positioned to capitalize on the growing cannabis beverage market, which has seen extraordinary growth, with sales up 68.4% in Q1 2021 compared to last year. The company, led by former PepsiCo executive Melise Panetta, has enhanced its leadership team and expanded its products. BevCanna operates a 40,000-square-foot manufacturing facility and has a distribution network exceeding 3,000 retail points in Canada. As summer approaches, sales are expected to increase further, signaling a promising outlook for the cannabis beverage industry.

BevCanna Enterprises Inc. announces its wholly-owned subsidiary, Naturo Group, has completed its first shipment of TRACE plant-based products to a major Japanese beverage distributor. This follows their recent distribution agreement with Mirai Marketing Inc., aimed at expanding their market presence in Japan's health-conscious consumer segment. President Melise Panetta highlights the positive market research indicating Japanese consumers' preference for natural products, reinforcing BevCanna's strategy for international expansion.

BevCanna Enterprises Inc. has signed an exclusive sales agency distribution agreement with Mirai Marketing Inc. to introduce TRACE's plant-based mineral products in Japan and the Philippines. The two-year agreement includes revenue targets of C$1.0M minimum and incentives for achieving over C$5.0M. Mirai, with extensive experience in the wellness market and over $100M in transactions, will leverage its networks to scale the TRACE brand. The agreement is seen as a strategic move to capitalize on the growing demand for health-focused products in Asia.

BevCanna Enterprises (BVNNF) has strengthened its leadership team by appointing Melise Panetta as President and adding CPG veterans Raffael Kapusty as VP of Sales and Insights and Bill Niarchos as VP of Sales and Sales Operations. This strategic move is aimed at enhancing BevCanna's sales and distribution network and accelerating growth. Kapusty brings over 25 years of experience in retail, while Niarchos has a strong background with companies like Bayer and Colgate. The company's priorities include expanding its white-label clientele and international distribution network.

BevCanna Enterprises (Q:BVNNF) has announced its expansion into the Asia Pacific region through its subsidiary, Naturo Group. The company will launch its TRACE health and wellness products in Japan, China, and the Philippines, targeting a population of 1.633 billion people. The global nutraceutical market is projected to reach US$722.49 billion by 2027, growing at a CAGR of 8.3%. This expansion aligns with rising consumer demand for natural wellness products, particularly in Japan, where two-thirds of consumers favor superfoods and natural health solutions.

BevCanna Enterprises Inc. (Q:BVNNF) updates on its commercial readiness for the Canadian cannabis and international consumer packaged goods (CPG) sectors. Following a recent Sales License partnership, production begins for the Keef beverage line and white-label clients Brujera Elixirs and Enthusiasmus. The Company anticipates launching products across Canada for peak consumption months. Its subsidiary, Naturo Group, has launched a new e-commerce site for TRACE products, aiming to boost engagement and awareness while expanding distribution through national retailers.