VANCOUVER, B.C. – Emerging chief in infused hashish drinks, BevCanna Enterprises Inc. (CSE: BEV) (OTCQ: BVNNF) (FSE: 7BC) (“BevCanna” or the “Company”) introduced in the present day that it has entered right into a non-binding letter of intent (the “LOI”) to fabricate white-label CBD wellness drinks for influential US well being and wonder model Marianna Naturals Corp. (“Marianna”).
Under the proposed definitive settlement contemplated within the LOI, BevCanna will grow to be the unique Canadian manufacturing and distribution companion for Marianna’s new line of CBD-based wellness drinks. BevCanna will leverage its in depth expertise in creating and launching drinks within the Canadian market to carry the favored model to Canada, and can keep accountability and compliance with Health Canada. BevCanna will manufacture the beverage line by means of its pending normal processing license, and the next receipt of its gross sales license.
Marianna will maintain accountability for nationwide gross sales and advertising and marketing efforts to launch the product line in Canada. The white label settlement can be for an preliminary time period of three years with a subsequent three-year renewal possibility.
“We’re very pleased to add a highly successful brand like Marianna to our growing portfolio of white-label partners,” mentioned John Campbell, Chief Strategic Officer at BevCanna. “The proposed partnership fits well with our strategy of building out this vertical and our goal of achieving a consistent revenue stream for the business.”
“We’ve been looking for a partner that has the right combination of beverage manufacturing and regulatory expertise to bring our CBD beverage line to the Canadian market,” mentioned Joel DeBellefeuille, Chief Executive Officer and Director of Marianna. “BevCanna fit the bill perfectly. We think that our customers will love the finished product.”
About BevCanna Enterprises Inc.
BevCanna Enterprises Inc. (CSE:BEV, Q:BVNNF, FSE:7BC) develops and manufactures cannabinoid-infused drinks and shopper merchandise for in-house manufacturers and white label shoppers. With many years of expertise creating, branding and distributing iconic manufacturers that resonate with customers on a worldwide scale, the crew demonstrates an experience unmatched within the rising hashish beverage class. Based in British Columbia, Canada, BevCanna has a 292-acre out of doors cultivation web site 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 210M bottles every year.
About Marianna Naturals Corp.
Marianna Naturals Corp. and Beauty Kitchen manufacture contemporary handmade CBD & non-CBD magnificence care, private care, and cosmetics merchandise. Beauty Kitchen’s founder and CEO, Heather Marianna, skyrocketed in reputation with the launch of her Beauty Kitchen YouTube sequence in 2012 the place she showcased easy, do-it-yourself magnificence recipes made with widespread kitchen family components. The sequence generated a strong following of greater than four million viewers. Beauty Kitchen is usually featured in: Forbes, The Source, MTV, Bravo, The New York Post, People, Flipsnack, Vegas, Star Magazine, Radar Online and plenty of extra media shops.