BevCanna Enterprises Inc. Stock Analysis BEV.CN

BevCanna Enterprises Inc. engages in the development and manufacture of alkaline, mineralized, and cannabinoid beverages and supplements for both in-house brands and white-label clients. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2019-07-02. The firm operates through three segments: non-cannabis beverage, cannabis beverage and eCommerce. The non-cannabis beverage segment consists of alkaline and mineralized beverages, which include the development and manufacturing of TRACE brand and other beverages and supplements. The cannabis beverage segment is engaged in the development and/or production of cannabinoid beverages and supplements for both in-house brands and white-label customers. The eCommerce segment includes direct-to-customer sales of natural health products, including nutraceutical and hemp-based cannabidiol (CBD) products. The company owns a pristine alkaline spring water aquifer and has an approximately 40,000 square foot manufacturing facility in Osoyoos, British Columbia. The firm has various distribution network that includes traditional and regulated retail distribution, and online marketing.