BevCanna Enterprises Inc (BEV)

[FUNMAN]

BEV Stock Braces For 2.0 Market With Vape Partnership

https://potstocknews.com/bev-stock-2-0-market-vape-partnership/

I wonder if they will be producing or growing anything during 2020?

BEV stock could be one of the stocks to watch in the 2.0 market after BevCanna Enterprises (CSE:BEV) (OTCPK:BVNNF) announced a partnership with Capna Intellectual to bring its brand of Bloom vapes to the Canadian market.

BEV Stock the One to Watch in 2020?

Under the terms of the deal, BevCanna will manufacture and sell Bloom-branded products in Canda, as well as acquiring exclusive licensing and manufacturing rights for select Bloom product formats, branding, and technology. The partnership is a shrewd move by BevCanna Enterprises after legalization 2.0 came into effect last week, meaning products such as vapes and edibles will arrive on the market by mid-December. Along with its own range of cannabis-infused drinks, BevCanna’s expanded portfolio of products excellently positions BEV stock to be a big gainer in the 2.0 market.

Bloom products are currently sold in over three hundred retailers across four US states, including California, Nevada, New Mexico, and Washington.

“This agreement leverages BevCanna’s expertise in manufacturing infused cannabis products and Bloom’s reputation for creating safe, effective, appealing vapor cartridges and disposables. Canadians are eager to see more vape options from trust-worthy retailers, and we’re excited to be able to provide that,” said BevCanna’s Chief Commercialization Officer Emma Andrews. BEV shares are currently trading at $0.52 on the CSE, and today’s deal makes it look like one of the best cannabis penny stocks on the market.

BEV Stock Well Placed in the 2.0 Market With Clearwater JV

Last month, BevCanna Enterprises announced that it had signed a deal to grow organic cannabis on a 130-acre site in the Okanagan Valley, British Columbia in partnership with Clearwater CannGrow. Agricultural consultant Joey Bedard-Brunet will lead the joint venture, which is expected to produce up to 10,000 kilograms of pure cannabinoids per annum. This should ensure that the company is well stocked up to take advantage of a market that some analysts believe could be worth over $5 billion USD by 2026.