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BioSteel is Cashing in on Consumer Health Awareness ($CGC)

August 17, 2021

BioSteel is Cashing in on Consumer Health Awareness ($CGC)

LikeFolio data shows that Celsius (CELH) has won a huge amount of consumer support with its health-focused, natural energy drinks…And, now we’re starting to see other brands succeed with a similar formula.

BioSteel Sports Nutrition is a Canadian company that produces sports drinks for athletes – Underlying Mentions for its all-natural, sugar-free, and electrolyte-boosting beverages are showing impressive momentum on a 90-day moving average:+338% YoY.

Canopy Growth Company (CGC) acquired a majority stake in 2019, with plans to bring CBD-infused products to market.
However, the BioSteel brand is already outperforming some of its largest rivals based on its superior nutritional profile and natural ingredients.
In terms of both Total Mention growth and Consumer Happiness, BioSteel compares favorably to household brands like Gatorade and Powerade.

80% Positive Sentiment in the past 90 days is incredibly high for any brand. In addition to its natural ingredients and relatively low caloric impact, BioSteel also boasts a low environmental impact, an added incentive for many potential customers
The recent success of the Biosteel brand bodes incredibly well for the coming release of its CBD-infused drinks…nice momentum for CGC.

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