Investor Ideas
Potcasts, Cannabis News and Stocks on the Move; Episode 381 - Beverage Round-Up
- (NYSE: CGC), (CSE: BEV) (NYSE: HEXO) (NYSE:TAP) (NASDAQ: TLRY)
(NYSE:BUD)
Delta, Kelowna, BC, March 10th,
2020 (Investorideas.com Newswire) www.Investorideas.com, a global news source
covering leading sectors including marijuana and hemp stocks and its potcast
site, www.potcasts.ca release today’s
podcast edition of cannabis
news and stocks to watch plus insight from thought leaders and experts.
Listen to the podcast:
Today’s podcast overview/transcript:
Good
afternoon and welcome to another episode of Investorideas.com
"Potcast" featuring cannabis news, stocks to watch as well as insights
from thought leaders and experts.
In today’s podcast we’re doing a special beverages round-up,
where we look at some of the many cannabis companies aiming to bring their
infused beverages to market.
Starting with the largest in the space, Canopy Growth Corp. (TSX WEED) (NYSE: CGC), who had a $5 billion (Canadian)
investment from beverage giant Constellation Brands Inc. (NYSE: STZ) back in 2018.
So far no beverages have come out on the market but through
Canopy’s Tweed and Houseplant Brands, they have
revealed some of the potential beverages coming this year.. The company announced back in January that it had revised
its expected launch of its beverages.
“Canopy has had seven weeks to work with THC in the brand
new beverage facility to scale processes and IP it has developed in the R&D
environment,” said David Klein, CEO, Canopy Growth. “In order to deliver
products that meet our customer’s high standards we are electing to revise the
launch date while we work through the final details.”
Next on the list is Bevcanna
Enterprises Inc. (CSE: BEV) (OTC:BVNNF) who just recently announced their strategic objectives for 2020.
Headquartered in Vancouver,
Canada , with operations near Osoyoos , in the Southern Okanagan region of
British Columbia , and in Sacramento California , BevCanna is a branded and
white-label manufacturer of cannabis infused beverages; vertically integrated
from outdoor cultivation to finished cannabis products.
"2020 is the year of
execution for BevCanna and our strategic partners," said John Campbell ,
Chief Strategy Officer at BevCanna. "We've built a solid foundation across
businesses and we are now ready to turn the corner to begin commercializing our
operations and generating substantial revenue."
Mr. Campbell tabled the
following strategic objectives for BevCanna for the balance of 2020:
● BevCanna
will become Canada's largest organic outdoor cannabis cultivator. Our 292-acre
farm is located in the Southern Okanagan region of British Columbia , an area
with similar climatic attributes to Humboldt County, CA - California's prime
outdoor cannabis growing region. Production costs are also roughly one-seventh
the cost of indoor/greenhouse cannabis cultivation, giving the company a
sustainable competitive advantage. Production output is estimated at
400,000-500,000 lbs. of biomass annually. Outdoor cannabis production, in
addition to being environmentally friendly and sustainable, offers a broader,
more intense, and deeply penetrating spectrum of light, which improves flavor
profiles. This allows outdoor-grown plants to more fully express their genetic
potential.
● BevCanna
will commence white-label beverage production in Canada by Q3-2020. The Company
will manufacture beverages for other Canadian licensed producers who wish to
leverage their brands' equity to create infused beverages. The high regulatory
barriers to entry for cannabis-infused beverages is proving challenging for
many licensed producers that wish to expand their brands into this emerging
category. Beverages are BevCanna's core expertise and BevCanna's world-class
bottling facility has been designed with maximum flexibility, to cover a wide
array of bottle sizes and form factors, allowing the company to fully service
its white label client needs.
● BevCanna
will commercialize its house brands, Anarchist Mountain and Grüv Beverages,
selling these product lines in Canadian licensed retailers by Q4-2020. The
initial launch will focus on the BC, ON, AB, and SK markets. Anarchist
Mountain, a lightly sparkling botanical-flavored line of alkaline spring water
beverages, will be available in varying amounts of THC (10mg, 7.5mg, 5mg), and
Grüv, a line of iced tea flavours, will be available with a 1:1 cannabinoid
ratio (5mg THC and 5mg CBD).
● BevCanna
will finalize its previously announced joint venture with Bloom, and
commercialize Bloom branded cannabis concentrates and extracts, selling these
product lines in Canadian licensed retailers by Q4-2020. The Company has an LOI
with an intent to enter into a definitive agreement with high-profile cannabis
operator company, Capna Intellectual, Inc. to bring its leading multi-state
cannabis vape brand, Bloom, to Canada . BevCanna will manufacture and sell
Bloom branded products including cannabis concentrates and extracts, in Canada
. BevCanna will also acquire exclusive licensing and manufacturing rights to
select product formats, technology and branding assets of Bloom.
● BevCanna
will commercialize our proprietary THC water-soluble powder technology in
California . This will be launched under a house brand name, to be announced in
March 2020 , through a pilot launch in select dispensaries in Sacramento, CA.
Full commercial product launch across California is planned for Q2-2020.
● BevCanna
will commercialize the Anarchist Mountain and Grüv Beverages brands'
ready-to-drink formats in California licensed retailers by Q3-2020. Through
co-packing and distribution arrangements currently in progress, BevCanna plans
to launch a full-form factor product line up in the state of California by the
third quarter, ranging from water-soluble powders to ready-to-drink beverages.
● BevCanna
will introduce our Hemp-Derived CBD powder and ready-to-drink beverage lines
into Europe , through local co-packing and distribution arrangements with Mota
Ventures and their subsidiary Sativida, the Company's exclusive European joint
venture partners. According to Grand View Research, the global CBD market is
expected to reach $23.6B over the next five years. Brightfield Group projects
the European CBD market to grow by 400% over the next four years.
BevCanna also recently
announced that it has entered into a marketing and investor relations agreement
dated February 17th, 2020 with Aktiencheck.de AG pursuant to which the
Consultant has agreed to provide certain corporate branding, marketing, online
corporate communications and investor relations services to the Company for a
term of one month, for total cash consideration of €50,000, which was paid upon
entry into the Agreement.
Like Canopy Growth and
Constellation Brands, Hexo Corp. (TSX:HEXO)(NYSE: HEXO) who partnered with Molson Coors Beverage Company (NYSE:TAP) to create their beverage focussed
joint venture
Truss Beverages.
Truss announced, back
in October of 2019, their partnership with Flow Glow™ Beverages Inc. – the team
behind Flow Alkaline Spring Water – to manufacture and distribute a CBD-infused
spring water. Flow Glow™ Beverages' flavoured CBD-infused spring water will be
one of six cannabis beverage brands within the Truss Beverage Co. product
portfolio.
"As a cannabis beverage
specialist we're excited to partner with the team behind Flow Alkaline Spring
Water, a beverage brand Canadians know and love, on a CBD-infused spring water
to round-out our product portfolio for launch," says Brett Vye, CEO, Truss
Beverage Co. "The newly formed Flow Glow™ Beverages Inc. will produce
products that are an important part of our Truss beverage line-up. We can't
wait to bring Flow Glow™ and our other Truss cannabis beverages to market.
Flow Glow™ is the first, and so
far only, brand partnership for Truss Beverage Co., and will be one of six
brands within the Truss beverage portfolio for launch. At launch, Flow Glow™
will be available in two flavours: Goji+Grapefruit and Raspberry+Lemon. Each
flavour will contain 10mg of CBD.
"We know CBD products are
in high demand in Canada, especially within the growing self-care space. The
Truss product portfolio will include a range of products with CBD, THC or
both," says Vye. "In line with our other Truss beverage offerings,
Flow Glow™ offers new and existing cannabis consumers of legal age the
opportunity to begin exploring the wonders of cannabis in a way that's right
for them personally."
"With more than 80% of the Truss portfolio of
products being low-to-mid level dose, we'll offer safe, consistent and unique
beverages for every adult consumer and a full range of occasions," says
Vye. "Flow Glow™ CBD spring water is just one of the wonderful new
products Truss will be bringing to market for Canadians to enjoy and
explore."
In one of last week’s podcasts
I discussed Valens GroWorks Corp.
(TSXV: VLNS) (OTCQX: VLNCF), a global leader in the
end-to-end development and manufacturing of innovative, cannabinoid-based
products, who announced the launch of a line of
cannabis-infused beverages, produced under a white label agreement with A1
Cannabis Company (a subsidiary of Iconic
Brewing). The launch demonstrates Valens' leadership and excellence in the
development and manufacturing of Cannabis 2.0 products, as the Company
continues to successfully commercialize cannabis-infused beverages within the
Canadian market.
The new line of beverages includes
BASECAMP, a CBD-forward iced tea, and SUMMIT, a THC-forward citrus water.
BASECAMP will be available at select retailers throughout Ontario in the coming
days, with additional markets expected to follow. SUMMIT is expected to be
available at select stores in the coming weeks.
SUMMIT and BASECAMP were
developed using the SōRSE by Valens emulsion technology which transforms
cannabis oil into water-soluble forms for use in beverages, edibles, topicals
and other consumer products while eliminating cannabis taste, colour or smell.
The technology provides a number of advantages including faster observed onset
times compared to other infused beverages and edibles; a significant reduction
of offset time; an ability to use lower doses of cannabinoids due to enhanced
bioavailability; and increased consistency and stability with the potential to
achieve more than one-year shelf life.
"Our agreement with A1
demonstrates the strategic value of partnering with leading companies that
share our vision and reinforces our commitment to launching the Cannabis 2.0
products that consumers are looking for," said Tyler Robson, CEO of
Valens. "This is the next step in the execution of our strategy to
introduce innovative, high-quality products that deliver safe and customized
user experiences."
Another large scale producer Tilray Inc. (NASDAQ: TLRY), who partnered with Anheuser-Busch InBev (NYSE:BUD), also has beverages coming soon
through their wholly-owned subsidiary High Park Holdings Ltd.
High Park recently introduced its phase two adult-use
products launching across Canada in 2020. The new additions will include new
confectionery brand Chowie Wowie™; new wellness brand Rmdy.™; new beverage brand Everie, developed by
Fluent, and brings to the Canadian market beloved US brands Marley Natural™ and
Goodship™. An assortment of High Park’s “cannabis 2.0” products shipped on
December 16, 2019 and are expected to be available to consumers in early 2020.
High Park is still expected to roll-out new brands and
products in early 2020 to select markets across Canada, including Alberta,
British Columbia, Manitoba, Nova Scotia and
Saskatchewan. Product offerings will expand to additional markets
throughout the year.
Their beverage brand, Fluent, High Park’s joint venture with
Labatt Breweries of Canada, is introducing Everie, their debut brand of
non-alcoholic CBD-infused beverages, with 98% pure CBD isolate and all natural
flavours. Everie will launch with ready-to-brew teas followed by sparkling
beverages.
Now outside of the Public Markets some smaller companies
have already launched their beverage products and seen heavy initial demand.
Oh Hi Beverages,
coming out of Colorado is a small-batch company that produces and
packages in Durango, Colorado. Oh Hi Seltzer is one of the few water-soluble
THC infused drinks on the market. Their fast acting, refreshing, and
handcrafted cannabis seltzers are sure to enhance all of life's endeavors. Oh
Hi was forged through the collective passion of our owner's hard work to
create, test, and deliver on this amazing cannabis infused seltzer. Their team
strives to create high-quality, health-conscious cannabis enhanced products to
help you live your life to the fullest. Oh Hi believes in living with passion,
consciousness, quality, and above all else, fun. Oh Hi THC infused seltzers are
made to elevate experiences for adults through responsible cannabis use.
There is also HI Fi Hops,
which is a joint effort of Lagunitas and AbsoluteXtracts.
Tony Magee, who founded Lagunitas
in 1993, always said “It takes a lot of good weed to make great beer” and in
2017, the Lagunitas team found a way to literally bridge that gap with their
friends and neighbors up-the-street at AbsoluteXtracts. Their first project,
SuperCritical, resulted in two tasty innovations: a vape with hop terpenes and
a beer brewed with cannabis terpenes. The latter, apparently, was illegal.
Oops.
Now, Lagunitas and AbsoluteXtracts are dialing things
up further, with Hi-Fi Hops. A hoppy sparkling beverage— zero-calories, and
zero-carbs—infused with the finest THC & CBD from locally-grown cannabis.
The best of both worlds.
Lastly is one of my personal favorites and a group we
at Investorideas have interviewed several times, Province
Brands. Province Brands of Canada is a cannabis company based in
Toronto who has been working on a technology that will give it a unique way to
produce cannabis drinks. In October of 2019, it filed a patent application for a strain of
yeast that will make its fermentation process much more efficient. Not only
will the newly developed strain make it more cost-effective for Province Brands
to make beverages, but it'll also give the company more flexibility when it
comes to quality and flavor.
Province Brands is the only company out right now with
the unique ability to brew beer directly from Hemp and Cannabis plants to
produce full-spectrum, non-alcoholic beverages.
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