Partnership sees launch of BevCanna products
under Stigma Grow's Sales License across Canada
RED DEER, AB, March 15, 2021 /CNW/ - Stigma
Grow ("Stigma" or the "Company") and their parent company
CanadaBis Capital Inc. (TSX-V: CANB) are pleased to announce
they have formed a partnership with beverage and natural
products company, BevCanna Enterprises Inc. (CSE: BEV) (Q:
BVNNF) (FSE: 7BC) (BevCanna") to launch the
award-winning Keef Brands line of cannabis-infused beverages
across Canada, along with
BevCanna's in-house and white label client products under Stigma
Grow's sales license.
Execution of this Sales License Partnership will streamline
BevCanna's product commercialization and fast-track their Canadian
market penetration, as Stigma's established network of buyers and
distributors provides a valuable pathway to market.
"We're happy to partner with BevCanna in launching their
portfolio of products across Canada," said Travis
McIntyre, CEO of Stigma Grow. "We are in the unique position
of understanding the value that can come with aligning with the
right-fit partners as we all navigate our market entrances. We feel
that the brand culture and business acumen were both good fits with
BevCanna."
By leveraging the mix of Stigma's existing Canada-wide distribution network, growing
line-up of in-demand BHO (butane hash oil) concentrate brands, and
the addition of BevCanna's diverse portfolio of products under
Stigma's license, the Company is creating a more exciting and
robust story to tell as it continues to introduce itself, and its
partners, to new retail customers across the country.
About Stigma Grow
Stigma Grow is a cutting-edge cannabis cultivation and BHO
extraction company positioned advantageously to strive to meet the
unmet market demands and stigmas within the legal cannabis industry
head on, with products designed to disturb the status quo and
dramatically shift the conversation surrounding Canada's legal cannabis industry.
About BevCanna Enterprises Inc.
BevCanna Enterprises Inc. (CSE:BEV, Q:BVNNF, FSE:7BC) is a
diversified health & wellness beverage and natural products
company. BevCanna develops and manufactures a range of 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 world–class 40,000–square–foot, HACCP certified
manufacturing facility. BevCanna's extensive distribution network
includes more than 3,000 points of retail distribution 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 #1
U.S. cannabis beverage company Keef
Brands.
About CanadaBis Capital Inc.
CanadaBis Capital Inc. (TSXV:CANB) is a vertically integrated
Canadian cannabis company focused on achieving large-scale growth
in the fast-emerging global cannabis market. By targeting organic
growth opportunities alongside the right-fit partners, we remain
focused on finding and capitalizing on chances to grow, diversify
and continue to lead our industry.
For more information on CanadaBis Capital or Stigma Grow
visit:
www.canadabis.com
www.stigmagrow.ca
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING
INFORMATION:
This news release includes certain "forward-looking statements"
under applicable Canadian securities legislation. Forward-looking
statements include but are not limited to statements with respect
to our business and operations; timing of the Company's
profitability; the demand and sales volumes of the Company's
products, and our general business plans. Forward-looking
statements are necessarily based upon a number of assumptions
including: the ability of the Company's products to compete with
the pricing and product availability on the black-market; the
market demand for the Company's products; and assumptions
concerning the Company's competitive advantages. These assumptions,
while considered reasonable, are subject to known and unknown
risks, uncertainties, and other factors which may cause actual
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include, but are not limited to: compliance with extensive
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demand for a product; requirement for further capital; delay or
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Should one or more of these risks or uncertainties materialize,
or should assumptions underlying the forward-looking information
prove incorrect, actual results may vary materially from those
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estimated or expected. Although the Company has attempted to
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cause actual results to differ materially, there may be others that
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SOURCE CanadaBis Capital Inc.