Vejii Holdings (CSE:VEJI) President Darren Gill joined Steve Darling from Proactive to share news the company has signed a share purchase agreement to acquire VEDGEco USA. That company is an on-line business-to-business wholesale platform for plant-based products. VEDGEco USA is based in Kailua, Hawaii, and launched in 2020.
Gill telling Proactive the company distributes plant-based products in bulk to the restaurant and wholesale food industry and consumers across the U.S.
Gill also added this acquisition adds a new revenue stream while increasing their buying power and margins with large brands. He also feels it will add to the Vejii platform by offering their brands access to national distribution through the VEDGEco wholesale platform.