BevCanna (CSE:BEV,OTC:BVNNF)develops and manufactures cannabinoid-infusedbeverages and consumer products for in-house brands and white label clients.With decades of experience creating, branding and distributing iconic brandsthat have resonated with consumers on a global scale, the team demonstrates anexpertise unmatched in the emerging cannabis beverage category. Based inBritish Columbia, Canada, BevCanna has a 292-acre outdoor cultivation site inthe fertile Okanagan Valley and the exclusive rights to a pristine spring wateraquifer, as well as a world-class 40,000-square-foot, HACCP certifiedmanufacturing facility, with a current bottling capacity of up to 72M bottles.

Dec 18, 2019 Connor Doyle

Cannabis Stock To Watch: BevCanna Enterprises Inc. (CSE:BEV) (OTC:BVNNF)

Since its IPO in July, BevCanna Enterprises Inc. (CSE:BEV) (OTC:BVNNF) has been generating a lot of buzz in the cannabis industry. Almost immediately, analysts began returning positive analyses, and several investing sites awarded BEV stock a “buy” rating.

Now, once again, the industry is talking about the exciting potential of BevCanna Enterprises (CSE:BEV) (OTC:BVNNF). As cannabis-infused consumable products have just begun hitting shelves across Canada, the company is incredibly well-positioned to deliver value to its shareholders as a leading developer and manufacturer of cannabis-infused beverages.

BEV’s Incredible Upside

For the second time since its IPO, BEV stock has dipped just below $0.29. The last time it was this low was just before the stock’s biggest run, when it achieved an all-time high of $0.78. Investors now have to wonder, is BevCanna Enterprises (CSE:BEV) (OTC:BVNNF) preparing for another incredible jump?

As of this morning, BEV shares have already begun rising in value. If the stock reaches its previous height from its current price of $0.31, investors will be seeing returns of 151.6%.

And there’s plenty of reason to believe that BEV will exceed its previous high value of $0.78. For the first time, BevCanna Enterprises (CSE:BEV) (OTC:BVNNF) products can legally be retailed in Canada. There’s no telling how high the stock will climb from here.