viewBevcanna Enterprises Inc.

BevCanna taps former PepsiCo pro Melise Panetta to drive global commercial strategy

The Vancouver-based infused cannabis beverages giant has appointed Panetta as an executive advisor as it eyes rapid business development

Bevcanna Enterprises Inc. - BevCanna taps former PepsiCo pro Melise Panetta as executive advisor to drive global commercial strategy
John Campbell, chief strategic officer for BevCanna said Panetta's 'significant expertise' in marketing and commercializing both mainstream and cannabis products 'will be invaluable' as the firm executes its branded and white-label strategies across Canada and globally

BevCanna Enterprises Inc (CSE:BEV) (OTCMKTS:BVNNF) (FRA:7BC), a dominant player in the infused cannabis beverages industry, said Monday that former PepsiCo Inc (NASDAQ:PEP) (FRA:PEP) pro, Melise Panetta has joined the BevCanna team in the role of executive advisor to lead the firm’s global commercial strategy. 

Panetta, an experienced marketing and commercial leader within the consumer-packaged goods industry, has held senior roles at global giants like General Mills Inc (NYSE:GIS), PepsiCo and SC Johnson. She has also led commercial efforts in the cannabis space as Sproutly Canada's chief commercial officer. Panetta will leverage this experience to lead BevCanna's commercial strategy globally, said the company.

"Melise is a recognized leader within the consumer marketing space, and we're excited to have her join the team," said John Campbell, chief strategic officer for BevCanna.

READ: BevCanna positioned for growth in US recreational cannabis market through Keef Brands partnership

"Her significant expertise in marketing and commercializing both mainstream and cannabis products will be invaluable as we execute our branded and white-label strategies across Canada and globally," he added.

According to BevCanna, Panetta will lead “development and execution of strong marketing, sales and commercial strategies in the Canadian and global markets.”

Whether it is relaunching PepsiCo’s Tostitos in Canada, managing more than 100 SKUs in a pipeline for PepsiCo, or elevating SC Johnson's relationship with key retail customers, Panetta is known for her unique strategies to deliver results.

She earned her Honours Bachelor of Science degree from the University of Western Ontario, and her MBA from York University. She has won numerous business awards, including several Best New Product Awards, as well as Strategy Magazine's Shopper Innovation award.

"I'm thrilled to be working with BevCanna at such a key stage in its growth," said Panetta. "With plans to bring amazing brands such as Keef and CaliBloom to Canada, a host of in-house brands in development and tremendous white label opportunities, the company is well-positioned to be a strong player in the Canadian market."

Keef Brands currently has six of the top ten bestselling cannabis drinks in Colorado, as well as three of the top ten selling ones in California, according to a Headset Insights report.

BevCanna debuted Anarchist Mountain last year. The name was inspired by the site of BevCanna’s bottling operations, on Anarchist Mountain. The brand includes a range of THC-dominant ready-to-drink beverages, shots, and powdered drink mixes. The Anarchist Mountain and Grüv brands focus primarily on the recreational market.

Contact the author Uttara Choudhury at uttara@proactiveinvestors.com

Follow her on Twitter: @UttaraProactive

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Price: 0.34 CAD

Market Cap: $59.31 m

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