$MEAL rapidly expanding through Canada! Solid past couple of days for Nabati Foods ($MEAL $MEAL.CN)! Consistently in the green after two news releases:
1) Nabati Plant Eggz are now available at nearly 300 Sobeys and IGA grocery stores across Quebec!
- Sobeys is the second largest grocer in Canada with over 1,500 stores nationwide
- First plant-based liquid egg product made by a Canadian company; made from lupin and pea protein, the eggs are comparable with traditional eggs nutritionally
2) $MEAL announced that its products are available online and nationwide at Costco.ca!
- Recognized leader in the grocery category known for offering high-quality products
- 6th most valuable brand in the world with brand value of $35.1B
- Online shopping is a key trend resulting from the pandemic
- Offered to a wider online audience of consumers
These are both great moves for $MEAL as they help expand their brand recognition and their consumer audience, I'm looking forward to their future expansion!
https://financialpost.com/globe-newswire/nabati-foods-plant-based-liquid-eggs-now-at-sobeys-and-iga-across-quebec