Bevcanna Enterprises Inc. (TSE:BEV) has released an update.
BevCanna Enterprises Inc., a lifestyle and wellness consumer packaged goods company, has announced a strategic move to improve its financial position by settling $258,125 of debt with certain creditors through the issuance of 169,816 common shares valued at $1.52 each. This debt settlement initiative is part of the company’s ongoing efforts to strengthen its balance sheet. BevCanna, known for its diverse range of alkaline and cannabinoid beverages and supplements, operates out of a Health Canada certified facility in British Columbia and boasts an extensive distribution network.
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