BevCanna says Canadian standard processing licence in final review stage with Health Canada

BevCanna Enterprises Inc (CSE:BEV) (OTCQB:BVNNF) (FRA:7BC) announced on Friday that it has moved to the final review stage for a Standard Processing Licence from Health Canada.

The Vancouver-based infused cannabis beverages giant said it submitted its Site Evidence Package to Health Canada on June 22 this year. It has now received confirmation from Health Canada that the Site Evidence Package has been assigned for final active review.

Once the company receives the licence, BevCanna said it will be fully authorized to begin production at its industry-leading high-capacity beverage manufacturing facility and expects to begin servicing its white label clients and commercializing its in-house brands through licensed Canadian retailers this winter.

READ: BevCanna successfully completes product line-up and NNCP forms for Keef and Cali-Bloom launch in Canada

“The receipt of our processing licence will be a major milestone in BevCanna’s commercial strategy and regulatory process,” John Campbell, who is the chief strategic officer for BevCanna, said in a statement.

“We’re pleased to have moved to this final stage of review and anticipate receipt of the licence shortly.”

BevCanna owns and operates one of the highest-capacity cannabis beverage processing and packaging facilities in Canada and holds the exclusive rights to a pristine spring water aquifer, delivering a bottling capacity of up to 210 million bottles per year.

The facility is purpose-built to manufacture both BevCanna’s house brands and those of its white-label clients launching cannabis 2.0 products. “BevCanna has developed a service model that allows both cannabis-licence holders and non-licensed CPG groups seeking to enter the Canadian cannabis market,” said the company.

“We’ll be particularly happy to be able to support our white-label partners in launching their innovative brands into the Canadian market in the coming months,” continued Campbell. “The regulatory framework in Canada can be extremely challenging to navigate and we have both the industry knowledge to guide our partners and the world-class facilities to manufacture the high-quality beverages that they envision.”

Campbell noted that the firm’s expertise gives its partners “peace of mind,” allowing them to focus on designing and selling market-disrupting products while BevCanna’s team manages “the associated regulatory compliance.”

BevCanna’s facility currently has capabilities to formulate, process and package a range of beverage product formats, including carbonated and non-carbonated canned and polyethylene terephthalate (PET) beverages. The new beverages will be offered in a variety of sizes, ranging from 2oz-1L, in both standard form and custom vessels.

Contact the author Uttara Choudhury at [email protected]

Follow her on Twitter: @UttaraProactive

Story by ProactiveInvestors