VANCOUVER, British Columbia–(BUSINESS WIRE)– an rising chief in infused cannabis drinks, Bevcanna Enterprises Inc. (CSE:BEV) (“BevCanna” or the “Firm”) is happy to announce that it’s a sponsor of the Hashish Drinks Expo, the primary international expo for cannabis drinks. The Expo is being held on July 25, 2019, in San Francisco.

“As legalization expands, and consumption continues to change into normalized, we intend to construct a world presence for our merchandise and types,” stated Emma Andrews, Chief Commercialization Officer at BevCanna. “We’ve simply launched the outcomes of our in depth North American-wide shopper research, targeted on consumption preferences within the cannabis infused beverage area, and count on these findings to resonate with our {industry} friends in attendance on the Expo. It validates that customers throughout a number of markets together with California, New York and Canada have a powerful buy intent, particularly for drinks and edibles that comprise CBD. Shoppers establish with the potential for CBD to scale back/relieve ache, to assist them obtain a extra restful sleep, and to loosen up/unwind on the finish of the day.”

Research Highlights:

  • On common 52% of respondents of LDA throughout all areas surveyed are more likely to buy CBD-infused non-alcoholic drinks
  • Respondents throughout all areas would love a variety of choices in how they take pleasure in their cannabis drinks:
    • 65% would favor a single-serve, able to drink bottled beverage
    • 55% would strive a single-serve, able to drink small format shot
    • 47% want to strive a single-serve powder packet, dissolved in water

BevCanna is creating a variety of ready-to-drink cannabis-infused beverage choices in Canada and is presently validating a singular and proprietary water-soluble powder by means of a joint R&D settlement in California. They’re additionally engaged on GMP certification for his or her present 40,000 sq. ft bottling plant close to Osoyoos, BC, Canada. With further Licensing by Well being Canada, this can permit BevCanna to pursue international export.

“BevCanna is dedicated to taking up a management position throughout the cannabis-infused beverage panorama,” added Andrews. “By collaborating in industry-leading occasions just like the Hashish Drinks Expo, and assembly with potential JV or licensing companions, we proceed to advance the nascent cannabis-infused beverage class.”

BevCanna can also be a member of the Hashish Beverage Producers Alliance, a unified physique of producers, {industry} professionals, and advisers who advocate for the secure, dependable and accountable manufacturing of authorized cannabis drinks. The CBPA will even act because the voice of customers; lobbying for the fitting to permit for accountable consumption selections inside a framework of vast authorized entry, all of the whereas guaranteeing public security.

About BevCanna Enterprises Inc.

Bevcanna Enterprises Inc. (CSE:BEV) develops and manufactures cannabinoid-infused drinks and shopper merchandise for in-house manufacturers and white label shoppers. With a long time of expertise creating, branding and distributing iconic manufacturers which have resonated with customers on a world scale, the crew demonstrates experience unmatched within the rising cannabis beverage class. Primarily based in British Columbia, Canada, BevCanna has a 100-acre out of doors cultivation website within the fertile Okanagan Valley and the unique rights to a pristine spring water aquifer, in addition to a world-class 40,000-square-foot, HACCP licensed manufacturing facility, with a present bottling capability of as much as 72M bottles per shift/every year. BevCanna’s imaginative and prescient is to be a world chief in infused improvements.

Disclaimer for Ahead-Trying Data

This information launch incorporates forward-looking statements underneath relevant securities legal guidelines, together with the assertion that BevCanna intends to take part in Hashish Drinks Expo on July 25 and can share outcomes of North American shopper research on cannabis-infused drinks and merchandise; that as legalization expands, and consumption continues to change into normalized, BevCanna intends to construct a world presence for its merchandise and types; and that further licensing by Well being Canada will permit BevCanna to pursue international export.

These statements are primarily based on sure assumptions concerning anticipated modifications to Canadian federal laws to legalize infused drinks; the continued normalization of cannabis-infused beverage consumption habits; and the issuances of licenses by Well being Canada to the Firm. Readers are cautioned to not place undue reliance on forward-looking statements. The assumptions of the Firm, though thought of affordable by it on the time of preparation, could show to be incorrect. As well as, forward-looking statements essentially contain recognized and unknown dangers, together with, with out limitation, dangers related to future legislative and regulatory developments; the Firm not being issued licenses by Well being Canada; and different dangers. Such data, though thought of affordable by administration on the time of preparation, could show to be incorrect and precise outcomes could differ materially from these anticipated. The Firm disclaims any intention or obligation to replace or revise any forward-looking statements, whether or not on account of new data, future occasions or in any other case, besides as required by legislation.

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