5 Small-Cap Beverage Stocks to Consider

2) Bevcanna Enterprises Inc (OTCMKTS: BVNNF)

Market Cap: $9.9 Million

  Number of Hedge Funds Having Stakes in the Company: N/A

Canada-based Bevcanna Enterprises Inc (OTCMKTS: BVNNF) has a strong upside potential as the company operates in the cannabinoid-infused beverages market and specializes in cannabis processing and white label manufacturing services for the production of infused beverages.

Bevcanna Enterprises Inc (OTCMKTS: BVNNF) is up 25% over the past month as the company recently said it plans to file annual filings and financial statements by early October, after which it  expects to see its stock resume trading on all currently listed exchanges. 

Bevcanna Enterprises Inc (OTCMKTS: BVNNF) is making a strong foray into the cannabis beverages market. Last year, it signed a deal to manufacture and distribute white-label cannabis beverages for Averi Health Products. It also signed an agreement with Tinley Beverage Company to co-manufacture its cannabis-infused beverages for the Canadian market. Other important parties it signed agreements with include United Natural Foods (UNFI), ABcann Medicinals, a wholly-owned subsidiary of VIVO Cannabis (OTCQB:VVCIF), and Riviera Beverages of California.