BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) Expands TRACE Product Distribution in U.S., Announces $2.4M White Label Revenue Forecast

June 15, 2021 08:00:45
  • BevCanna expanding distribution of TRACE mineral-rich beverages, supplements into U.S. through new distribution agreement with Benefit Brand Management
  • TRACE products feature proprietary plant-based mineral-rich formula sourced from British Columbia’s Rocky Mountains
  • Company announced approximated forecasts of $2.4 million revenue, $0.63 million gross profit, based on annual minimum order quantities, committed order queue, and does not include contracts that are yet to be finalized or under negotiation.
BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) is a diversified health & wellness beverage and natural products company focused on developing and manufacturing a range of plant-based and cannabinoid beverages and supplements for both in-house brands and white-label clients. The company recently announced expanded distribution of their TRACE products into the United States through a new agreement with leading wholesaler Benefit Brand Management (https://cnw.fm/BlPlL) along with forecasts of $2.4 million in revenue and $0.63 million in gross based on annual minimum order quantities and its committed white-label beverage order queue (https://cnw.fm/pBDXT). BevCanna creates, manufactures, and globally distributes iconic beverages that resonate with a health-conscious and well-informed demographic. Sourced from deep within the Rocky Mountains of interior British Columbia, the company’s TRACE line of beverages and nutraceuticals are formulated with a… Read More>> NOTE TO INVESTORS: The latest news and updates relating to BVNNF are available in the company’s newsroom at http://cnw.fm/BVNNF About CannabisNewsWire CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks 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, CNW 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. CNW 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, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge. To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only) For more information please visit https://www.CannabisNewsWire.com Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer Do you have questions or are you interested in working with CNW? Ask our Editor CannabisNewsWire (CNW) Denver, Colorado www.CannabisNewsWire.com 303.498.7722 Office Editor@CannabisNewsWire.com CannabisNewsWire is part of the InvestorBrandNetwork.