$PBF.c Greatly Expands Its Distribution Network Planet Based Foods (CSE: PBF) has made huge progress in growing its distribution network with the recent announcement it has partnered with KeHE Distributors.
KeHE is one of the largest pure-play grocery and natural food distributors in North America. The company currently nets $5.5 billion in annual sales through its 16 distribution center North American network.
Through this partnership, KeHE will be $PBF.c’s primary distributor to the Natural and Specialty Foods grocery channel. Six of the company’s most popular hemp-based vegan offerings will be highlighted and will be priced between $7.99 and $8.99.
"This collaboration will open the door for smaller, independent retailers to easily order our products, and will accelerate our distribution to mid-size retailers. It will also allow us to further our expansion efforts into Canada as we continue to focus on broadening the Planet Based Foods' reach and increasing shareholder value." said $PBF.c CEO Braelyn Davis.
$PBF.c is up 11% in the last three days, currently trading at $.245. The company is valued at an MCAP of $12.55M.
https://www.newswire.ca/news-releases/planet-based-foods-announces-partnership-with-kehe-distributors-854529477.html