One of the ranges of products that is all set to be a highly important part of the larger marijuana industries are those infused with CBD and BevCanna (OTC: BVNNF) (CNSX:BEV) is quickly emerging is a company with promise in this regard. The company has years of experience when it comes to the creation and distribution of brands, which is why many believe that BevCanna Enterprises Inc is poised to become a major player in the CBD infused product category.
Additionally, it is important to add that the British Columbia based company has also managed to build up an impressive infrastructure that would allow it to become a significant presence in the CBD market. It has a cultivation site that stretches over 100 acres and a state of the art HAACP certified facility that spans an area of 40,000 square foot. It is a highly innovative company and is doing a lot to produce high class CBD infused products for consumers.
Back in July, BevCanna was in the news for having launched a new brand of CBD infused beverage. On July 8, the company announced its very first brand, Anarchist Mountain Beverages, amid much fanfare. BevCanna has claimed that the company came up with the product after having conducted intensive consumer research and also stated that the product is going to have ‘West Coast attributes’. Under the Anarchist Mountain Beverages brand, the company will produce beverages, powdered mixes as well as shots and will be available in a range of flavours. It is a timely product launch for BevCanna since CBD infused products are going to be made legal in Canada later on this year and the company has moved in early with its very first brand.
In the same month, the company made another significant announcement and it is something that should have a positive influence on the BevCanna’s future growth trajectory. On July 3 the company announced that it has been awarded an industrial hemp cultivation license by the Canadian cannabis regulator Health Canada.It is a highly important development for BevCanna as it tries to launch a range of CBD infused products over the course of the next few months. In this regard, having its own hemp cultivation operations will go a long way in making the company entirely self sufficient with regards to its basic raw materials. This is a company that looks all set to be one of the leaders of the CBD products industry in the years to come.