Boosh Plant-Based Brands Inc (CSE:VEGI, OTC:VGGIF) has provided updates relating to the distribution of its recently acquired Beanfields brand.
"It's been practically a seamless integration between Team Boosh and Team Beanfields. Two major highlights in the integration have been our sales departments' ability to immediately connect with the majority of existing retail buyers, and simultaneously secured new key accounts within the last seven days," commented Jim Pakulis, CEO of Boosh in a statement.
"Based on our analysis we anticipate the expansion into new stores including larger channels and box stores to continue," he added.
READ: Boosh completes purchase of Beanfields to become one of the world’s largest plant-based food companies
Boosh said Raley's, the multi-billion-dollar grocery and retail company, has made Beanfields its primary displayed bean chip. The Jalapeno lime flavour is being distributed into 150% more stores, with the Black Bean & Nacho flavours into 53% more stores, it added
The company also noted Beanfield retail launches into Lowe's (Grain Free Rings), The Save Mark Companies (Nacho, Jalapeno, Pico), New Seasons (Grain Free Rings, 2 New Chips), Clark's (2 New Chips & Fiery Hot), & Healthy Edge Retail Group (2 New Chips & Fiery Hot).
The company also pointed out that Boosh's first Save On Foods UNFI order came in at 1,500 cases, adding that Loblaw (TSX:L)'s has begun testing Boosh's chilled line in select stores in Eastern Canada.
Boosh completed the asset purchase agreement to acquire substantially all of the assets of Beanfields on February 17, 2022. Beanfields produces and sells a healthy, gluten-free, non-GMO, vegan, top eight allergen-free flavored bean-based chip. The portfolio includes a broad offering of nine flavors, including Black Bean, Sour Cream and Onion, Firey Hot, and Nacho flavors.
Boosh Plant-Based Brands Inc., through its wholly-owned subsidiary, Boosh Food offers high-quality, non-GMO, gluten-free, 100% plant-based nutritional comfort foods for the whole family.
It currently offers 24 plant-based SKU's (Stock Keeping Units) ranging from frozen meals, to refrigerated entrees to shelf-stable Mac & Cheezes, and are sold throughout Canada.
Contact the author at jon.hopkins@proactiveinvestors.com