BevCanna Signs Agreement to Further Expand Distribution of TRACE Products through U.S. Independent and National Retailers

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Cope with Profit Model Administration, main U.S. wholesaler of pure merchandise will introduce the TRACE model to a quickly increasing demographic

Rising chief in modern well being and wellness drinks and merchandise, BevCanna Enterprises Inc. ( CSE:BEV, Q:BVNNF, FSE:7BC) (“BevCanna” or the “Firm”) is happy to announce that it has finalized an settlement with main North American model and gross sales administration agency Profit Holdings LLC, dba Profit Model Administration. The contract will see Profit distribute BevCanna’s TRACE line of merchandise to a variety of U.S. retailers, from unbiased pure and specialty retailers to nationwide huge field retailers, initially in New York, Chicago and California.

The brand new partnership, which will probably be enacted by BevCanna’s previously announced agreement with leading U.S. water bottler Riviera Beverages, will speed up the growth of the Naturo Group portfolio of market-leading historical natural mineral drinks, below the TRACE model into the U.S. market.

“With demand for wellness-focused drinks quickly rising amongst U.S. shoppers, that is the best time to introduce the TRACE model to a complete new demographic,” mentioned Melise Panetta, President of BevCanna. “We’re very excited to work with Profit on launching the model, capitalizing on their intensive community and detailed data of the pure merchandise retail panorama within the U.S.”

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Profit Model Administration has been lively within the meals and beverage area for greater than 20 years, specializing in pure and natural merchandise. Profit has launched well-known manufacturers equivalent to Kimnori, the biggest U.S. producer of seaweed merchandise, into greater than 10,000 retailers, together with Wholefoods, Walmart, Sprouts, Albertsons, LIDL and Greenback Tree. Profit helped launch Cauli Crunch, a cauliflower-crumb breading product, nationally at Entire Meals Market and is about to launch a variety of new merchandise at Entire Meals International within the coming 12 months.

Profit has additionally launched a variety of health-focused drinks into the U.S. market, together with Hey Aloe, an natural aloe vera immunity beverage, within the Southern California and New York markets, Pulp Story Juice into the Los Angeles and Chicago markets, and Vibras Meals Natural Punch Drinks into the Los Angeles and New York markets.

The recent additions of CPG veterans Raffael Kapusty and Bill Niarchos to the BevCanna staff will play a important position within the Firm’s U.S. gross sales growth and can work in tandem with Profit. With a gross sales staff and community of brokers that covers main markets and the better U.S., Profit works intently with unbiased pure and specialty retailers on each coasts. TRACE can even be built-in into the “Manufacturers with Advantages” assortment of better-for-you manufacturers, which can provoke partnerships with DTC and B2B fashions.

About BevCanna Enterprises Inc.

BevCanna Enterprises Inc. ( CSE:BEV, Q:BVNNF, FSE:7BC) is a diversified well being & wellness beverage and pure merchandise firm. BevCanna develops and manufactures a variety of plant-based and cannabinoid drinks and dietary supplements for each in-house manufacturers and white-label purchasers.

With a long time of expertise creating, manufacturing and distributing iconic manufacturers that resonate with shoppers on a world scale, the staff demonstrates an experience unmatched within the nutraceutical and cannabis-infused beverage classes. Based mostly in British Columbia, Canada, BevCanna owns a pristine alkaline spring water aquifer and a world–class 40,000–sq.–foot, HACCP licensed manufacturing facility, with a bottling capability of as much as 210M bottles yearly. BevCanna’s intensive distribution community consists of greater than 3,000 factors of retail distribution by its market-leading TRACE model, its Pure Therapy pure well being and wellness e-commerce platform, its totally licensed Canadian hashish manufacturing and distribution community, and a partnership with #1 U.S. hashish beverage firm Keef Brands.

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On behalf of the Board of Administrators:
John Campbell, Chief Monetary Officer and Chief Technique Officer
Director, BevCanna Enterprises Inc.

Disclaimer for Ahead-Trying Info

This information launch incorporates forward-looking statements. All statements, aside from statements of historic indisputable fact that deal with actions, occasions or developments that the Firm believes, expects or anticipates will or might happen sooner or later are forward-looking statements. Ahead-looking statements on this information launch embrace statements concerning: the settlement with Profit and its phrases and anticipated advantages; that it’ll speed up the growth of the Naturo Group portfolio of market-leading historical natural mineral drinks, below the TRACE model into the U.S. market; client preferences for wellness-focused drinks quickly rising amongst U.S. shoppers; that latest additions to the BevCanna staff will play a important position within the Firm’s U.S. gross sales growth and can work in tandem with Profit; that TRACE can even be built-in into the “Manufacturers with Advantages” assortment of better-for-you manufacturers, which can provoke partnerships with DTC and B2B fashions; and different statements concerning the enterprise plans of the Firm. The forward-looking statements mirror administration’s present expectations primarily based on data presently accessible and are topic to a variety of dangers and uncertainties which will trigger outcomes to vary materially from these mentioned within the forward-looking statements.

Though the Firm believes that the assumptions inherent within the forward-looking statements are affordable, forward-looking statements should not ensures of future efficiency and, accordingly, undue reliance shouldn’t be placed on such statements resulting from their inherent uncertainty. Components that would trigger precise outcomes or occasions to vary materially from present expectations embrace, amongst different issues: common market circumstances; adjustments to client preferences; and volatility of commodity costs; and different elements past the management of the events. 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, and the Firm doesn’t assume any legal responsibility for disclosure referring to another firm talked about herein.

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Contacts

For media enquiries or interviews:
Wynn Theriault, Thirty Sprint Communications Inc.
416-710-3370
wynn@thirtydash.ca

For investor enquiries:
Bryce Allen, BevCanna Enterprises Inc.
778-766-3744
bryce@bevcanna.com