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Else Nutrition grows its product reach to more Ontario locations

Jonathon Brown Jonathon Brown, The Market Online
0 Comments| March 6, 2024

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  • Plant-based food company Else Nutrition made a significant expansion of its nutrition products in Canada
  • Its lineup is now available on the shelves at more than 35 locations of a popular retail grocery chain based in Ontario
  • The news follows a number of similarly high-profile announcements in January where Else had launched its products in more than 100 U.S. stores along with one of Canada’s largest online retail platforms
  • Else Nutrition stock opened trading at $0.24 per share

Plant-based food company Else Nutrition (TSX:BABY) made a significant expansion of its nutrition products in Canada.

Its lineup is now available on the shelves at more than 35 locations of a popular retail grocery chain based in Ontario.

The Vancouver-based company explained that this agreement broadens the exposure of its clean label certified baby cereals, toddler nutritional supplement, and kids ready-to-drink shakes, in chocolate and vanilla across the province.

“Being placed on the shelves of this premier retailer not only enhances our traction and exposure in Southern Ontario, Canada’s most dynamic and populous market with over 5,000 grocery doors, but also enhances our overall expansion strategy in the Canadian market,” Hamutal Yitzhak, CEO of Else Nutrition, said in a statement. “We believe their selection of our products reflects their confidence and the growing demand for Else Nutrition’s offerings, further highlighting our momentum in Canada. This launch is a meaningful step in our mission to provide wholesome and delicious nutrition options to children at all stages of their growth.”

The news follows a number of similarly high-profile announcements in January where Else had launched its products in more than 100 stores throughout a major supermarket chain store in the Northeast region of the United States, marking the debut of its ready-to-drink shakes in U.S. stores, along with one of Canada’s largest online retail platforms.

Else Nutrition is a company focused on developing innovative, clean, and plant-based food and nutrition products for infants, toddlers, children and adults.

Else Nutrition stock opened trading at $0.24 per share.

Join the discussion: Find out what everybody’s saying about this stock on the Else Nutrition Bullboard, and check out the rest of Stockhouse’s stock forums and message boards.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.




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