BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) to Launch TRACE Alkaline and Mineralized Water in U.S. Via New Distribution Partner
Jun 17, 2021
- Alkaline water is emerging segment in $217.7 billion global bottled water market
- BevCanna has partnered with leading U.S. inventory and fulfillment technology platform provider for the launch of TRACE alkaline and mineralized waters in the U.S.
- TRACE is already sold online and at over 3,000 retail locations in Canada, distribution points that will be further increased following separate agreement with top eastern Canada distributor
While the COVID-19 pandemic was keeping people on lockdown, the logistics industry was thriving, as consumers became increasingly familiar with shopping from home. At the same time, the premium bottled water industry continues to gain traction as people seek healthier alternatives to sugar drinks. Those two trends bode well for BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) and its Naturo Group division, which just forged a new partnership to accelerate the launch of its TRACE natural spring alkaline water and plant-based mineralized water into U.S. markets.
Alkaline water is an emerging category that has caught consumer attention in the last decade, growing from a $325 million market in 2013 to $631 million in 2017 (https://cnw.fm/M1ElJ) on a path to contribute…
NOTE TO INVESTORS: The latest news and updates relating to BVNNF are available in the company’s newsroom at http://cnw.fm/BVNNF
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