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Bevcanna receives Health Canada sales licence

2023-05-08 18:47 ET - News Release

Mr. John Campbell reports

BEVCANNA ANNOUNCES RECEIPT OF HEALTH CANADA SALES LICENCE

Bevcanna Enterprises Inc. has received its Health Canada sales licence at its Osoyoos, B.C., beverage manufacturing facility. This sales licence adds to the company's existing sales licence through wholly owned subsidiary, Embark Health Inc.

The sales licence will allow Bevcanna to distribute its house brands and partner brands directly to provincial and territorial cannabis boards, retailers and other authorized distributors across Canada under the Bevcanna sales licence. The company has been working diligently to build a vertically integrated cannabis business that offers consumers high-quality cannabis-infused beverages and products that are safe, consistent and enjoyable.

"We are thrilled to have received our Health Canada sales licence at our Osoyoos, B.C., beverage manufacturing facility, which is a significant milestone for Bevcanna," said John Campbell, chief financial officer and chief strategy officer of Bevcanna. "This licence represents a step forward in our strategy to become a leading producer and distributor of cannabis-infused beverages and other products in Canada."

About Bevcanna Enterprises Inc.

Bevcanna is a diversified health and wellness beverage and natural products company. Bevcanna develops and manufactures a range of alkaline, plant-based and cannabinoid beverages and supplements for both in-house brands and white-label clients.

Based in British Columbia, Canada, Bevcanna owns a pristine alkaline spring water aquifer and a high-capacity 40,000-square-foot, Health Canada- and HACCP-certified flexible manufacturing facility in Osoyoos, B.C. The company's extensive distribution network includes more than 3,000 points of traditional and regulated retail distribution, and on-line through its market-leading Trace brand, its Pure Therapy natural health and wellness e-commerce platform, its fully licensed Canadian cannabis manufacturing and distribution network, and a partnership with No. 1 U.S. cannabis beverage company, Keef Brands.

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