Sign In   Register

Cannabis and Hemp Industry Investment News

Cannabis Industry Press Releases and News Articles from the best investment journalist in the industry. Stay updated on all cannabis investment news from every online source, on MjInvest.com

BevCanna's powdered cannabis expected to pass California regulations following strong independent tests

2 minutes reading time (445 words)

viewBevcanna Enterprises Inc.

The water-soluble powder was shown to deliver target concentrations of THC, which provides consumers with confidence that they’re getting the correct dose

Plate with cups of BevCanna product

Deeper Green can be used with a full range of cannabinoids, including THC, marijuana or hemp-based CBD

() (OTCMKTS:BVNNF), a cannabis-infused beverage producer, announced promising results Wednesday from independent tests of its powdered cannabis ingredient Deeper Green.

The tests found that Deeper Green, which BevCanna uses to infuse beverages with cannabinoids, meets the Cannabis Compliance Regulations in California. The water-soluble powder was shown to deliver target concentrations of THC, which provides consumers with confidence that they’re getting the correct dose.

READ: BevCanna Enterprises launches Grüv Beverages, a range of CBD-infused iced tea drinks

Deeper Green can be used with a full range of cannabinoids, including THC, marijuana or hemp-based CBD, and full-spectrum extracts. With it in tow, BevCanna can add powdered options alongside its planned slate of ready-to-drink cannabis-infused beverages.

“The successful testing of Deeper Green is exciting in that it will extend BevCanna’s assortment of products,” Chief Commercialization Officer Emma Andrews said in a statement. “The possibilities that this tasteless, odorless water-soluble powder technology opens up are endless and we’re eager to leverage this innovative and proprietary technology.”

The company's stock slipped 2.8% Wednesday to C$0.69 on the CSE and 4% to $US0.51 on OTC Markets.

Contact Andrew Kessel at [email protected] 

Follow him on Twitter @andrew_kessel

CSE:BEV

Market: CSE
Market Cap: $17.41 m
Follow

View company profile

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Bevcanna Enterprises Inc. named herein, including the promotion by the Company of Bevcanna Enterprises Inc. in any Content on the Site, the...

FOR OUR FULL DISCLAIMER CLICK HERE

Most read

Buds & Duds: Cannabis stocks sink as Cronos, Tilray feel the effects of...

The North American Marijuana Index, which tracks the top cannabis stocks in the US and Canada slipped 1.1% at 123.9 points. The OTCQX Cannabis Index sank 1.8% at 447.3 points. Buds today were TransCanna Holdings Inc (CSE:TCAN), Nabis Holdings Inc (CSE:NAB) (OTCMKTS:NABIF), BevCanna...

on 11/13/2019

2 min read


Related Posts


MjInvest.com