LeanLife Health (CSE:LLP) Inc told investors it was preparing to "enter a new cycle of growth" and is focusing efforts on expanding in North America.
The Vancouver-based firm company is the exclusive distributor of Mike Tyson-endorsed Iron Energy Drink, made by The FoodCare Group. The company is also focused on advancing its Omega-3 flaxseed oil.
"These are exciting times for LeanLife Health Inc," said Anis Barakat, the CEO of LeanLife Health, in a statement.
"As the company prepares to enter a new cycle of growth, we are focusing our efforts on supporting our expansion in North America. Our new team is doing its due diligence to ensure everything is done in a timely, efficient manner, so that we are ready to roll out our products."
Notably, the company has now received its Canadian Food Inspection Agency (CFIA) certification, allowing it to sell products in Canada. Containers are set to arrive in early October this year, it said.
READ: LeanLife Health partners with AATAC to place Iron Energy Drinks product line in over 100,000 North American stores
"Elsewhere in North America, the New Jersey distribution center is ready for operations and is also awaiting the arrival of containers next month. Online, Amazon sales are ready to start by the end of September 2022," the firm added.
LeanLife Health said it has also hired Kareem Balbaaki as its new operations manager, replacing the position left vacant by Gavin Mah's resignation.
Balbaaki has a Master's in International Business Strategy and extensive experience in operations, supply chain and logistics. Before joining LeanLife Health, he was the CPO at Revive Superfoods.
Barakat added: "It is with great pleasure that I have the opportunity to work alongside Kareem again having worked with him on Revive Superfoods. His expertise in the field will be a great asset allowing us to reach new clients and expand our potential markets."
Contact the writer at giles@proactiveinvestors.com