Posted on November 29, 2018 by Hill Street Beverages
Hill Street Beverage Company Inc (CVE:BEER) (OTCMKTS:HSEEF) CEO Terry Donnelly visits the Midas Letter set to praise the company’s line of award-winning non-alcoholic beer and wine. Hill Street generated $1 million in revenue last year and Donnelly expects that number to climb this fiscal year as new retailers and distributors come on board. Significantly, the company’s products are available in 7000 stores across Canada including large grocery retailers like Loblaws and Sobeys. In addition to their great taste, Hill Street’s beverages are low calorie and Weight Watchers approved. While Hill Street’s products are non-alcoholic, the company has completed an LOI with Lexaria Bioscience Corp (CNSX:LXX) (OTCMKTS:LXRP) to use Lexaria patents to produce rapid onset cannabis (both THC and CBD) beer and wine beverages. Donnelly anticipates the company receiving its Health Canada license to produce cannabis beverages in Q1 2019.