Emerging leader in infused cannabis beverages, BevCanna Enterprises Inc. (CSE:BEV) (OTCQB:BVNNF) (FSE:7BC) (“BevCanna” or the “Company”) is pleased to announce that it has successfully completed the R&D and trial production runs of its exclusively licenced award winning line of Keef Beverages and the white-label beverages the Company is producing for State B Beverages.
BevCanna produced and evaluated multiple formulations of the Keef and State B products, including sparkling water, tea-based and soda formats, and multiple bottling formats, including PET and aluminum. Tests were conducted for research and development, shelf stability testing and equipment commissioning purposes, in preparation for the receipt of their Standard Processing License and subsequent product commercialization by Q1 2021.
BevCanna is currently in late-stage discussions to partner with a leading Canadian Licensed Producer (“LP”) to distribute its products to provincial cannabis distribution boards through the LP’s Health Canada issued Sales License. This will allow BevCanna to begin distribution of its white-label client products, Keef & Cali-Bloom branded products and its own branded products across Canada in Q1 2021, bridging the gap until the Company receives its own Sales License, expected in 2021.
“The inaugural production runs of Keef and State B were extremely successful and we’re now moving full steam ahead with our product testing and quality assurance programs,” said John Campbell. “We’re particularly excited to take the next step with our own branded and exclusively licensed product commercialization efforts, in tandem with our white label partners. We’ll be fully prepared to move ahead with production once we receive our Standard Processing License.”
BevCanna owns and operates one of the highest-capacity cannabis beverage processing and packaging facilities in Canada and holds the exclusive rights to a pristine spring water aquifer, achieving a bottling capacity of up to 210 million bottles per year. The specialized facility was purpose-built to manufacture BevCanna’s infused house brands and those of BevCanna white-label clients launching cannabis 2.0 products. BevCanna’s service model allows both cannabis-license holders and non-licensed CPG groups seeking to enter the Canadian cannabis market.
BevCanna’s state of the art facility currently is capable of formulating, processing and packaging a range of beverage product formats, including carbonated and non-carbonated aluminum canned and PET beverages. The new beverages will be offered in a variety of sizes, ranging from 60ml-1L, in both standard form and custom vessels.