Vancouver, British Columbia–(Newsfile Corp. – March 4, 2021) – Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA) (“Nextleaf“, “OILS“, or the “Company“), the world’s most innovative cannabis processor, is pleased to announce the initial order of Nextleaf’s Rapid Emulsion Technology by OILS™ (“Rapid“) THC and CBD to cannabis-infused beverage manufacturer, BevCanna Enterprises Inc. (“BevCanna“).
With this initial order, Nextleaf’s Rapid concentrate becomes one of BevCanna’s preferred ingredients, available for use in both their brands and their partner brands. Rapid is Nextleaf’s patent pending delivery technology.
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BevCanna develops and manufactures a range of cannabis-infused beverages for both in-house brands and white-label clients, and is the exclusive Canadian licensee for the award winning, #1 selling brand in the U.S., Keef Brands. Additionally, via its wholly-owned subsidiary Naturo Group’s TRACE plant-based mineral beverages and supplements, BevCanna has a sales and distribution network of over 3,000 points of retail and online across Canada. The Company anticipates that in addition to BevCanna’s licensed points of distribution, BevCanna will eventually distribute cannabinoid beverages through their existing traditional retail channels should Health Canada regulate the sale of CBD products under the new proposed Cannabis Health Product category.
“Nextleaf and BevCanna have a long-standing relationship, and our inaugural order of Rapid reflects nearly two years of working together,” said Nextleaf Solutions CEO, Paul Pedersen. “With a predictable onset and offset time, Rapid Emulsion Technology by OILS™ provides a significant differentiator for BevCanna to develop a wide range of infused beverages.”
Made with Nextleaf’s high purity cannabis distillate, Rapid’s unique structure and composition allows the final ingredient to achieve optical transparency with neutral characteristics ideal for formulating. Ten years of prior R&D has resulted in a patent pending emulsion technology adapted to cannabinoids, to deliver rapid onset of THC and CBD.
Rapid extends Nextleaf’s capabilities along the value-added product spectrum. Complementing the Company’s demonstrated excellence in efficiently producing high purity distillate, Rapid solves an industry need for cannabis-infused products with predictable and reliable outcomes.
BevCanna owns and operates one of the highest-capacity cannabis beverage manufacturing facilities in Canada, located near Osoyoos, B.C., which was granted a Standard Processing Licence by Health Canada on February 12, 2021.
About BevCanna Enterprises Inc.
BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) is a diversified health & wellness beverage and natural…