Mr. Robert Hall reports
UPATE: BOOSH AND SIMPLE YUMMY CHIPS RECEIVE PURCHASE ORDERS AND BEGIN PRODUCTION PLANS FOR CANADA
Boosh Plant-Based Brands Inc. and Simple Yummy Chips LLC (the licensee) have begun to re-enter the Canadian market. Both companies are working in good faith for the sale and distribution of chips, crackers, rings and other bean-based snacks made by Beautiful Beanfields Inc., a wholly owned subsidiary of the company, while the expanded licence is ratified.
Interim chief executive officer Robert Hall states: "The re-entering of the Canadian markets this summer is a big step forward. This arrangement continues to offer many benefits to support the company's growth and provide shareholder value. The demand continues to be strong in Canada and our partnership allows the tremendous North American demand to be met."
The previously announced expanded licence agreement between Boosh and Simple Yummy Chips is expected to be completed shortly.
The company is in the process of exploring a number of options to recapitalize the treasury and strengthen the balance sheet.
About Boosh Plant-Based Brands Inc.
Boosh Plant-Based Brands, through its wholly owned subsidiary, Boosh Food, offers high quality, non-genetically modified organism, gluten-free, 100-per-cent-plant-based nutritional comfort foods for the whole family.
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