Announced
Financials
Sources
Tags
Majority
Friendly
Canada
Pending
Miscellaneous Consumer Staple Goods
Private
cannabis vape brand
Joint Venture
Single Bidder
Private Equity
Synopsis
BevCanna, a leader in infused cannabis beverages, and Capna Intellectual, a cannabis company based in Los Angeles, agreed to form a joint venture. Financial terms were not disclosed. “The JV with Bloom is an excellent opportunity for BevCanna to partner with a strong, reputable brand in the vape category. This agreement leverages BevCanna’s expertise in manufacturing infused cannabis products and Bloom’s reputation for creating safe, effective, appealing vapor cartridges and disposables. Canadians are eager to see more vape options from trust-worthy retailers, and we’re excited to be able to provide that,” Emma Andrews, Chief Commercialization Officer at BevCanna.
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