- Plant-based food stock Else Nutrition (TSX:BABY) will soon offer its ready-to-drink kids shakes in Southern California’s leading upscale grocery store chain
- The shakes will be available in 19 locations across the region beginning in September
- Else develops whole plant-based, dairy-free and soy-free food and nutrition products for infants, toddlers, children and adults
- Else Nutrition stock is down by 86.36 per cent year-over-year and by 89.83 per cent since 2019
Plant-based food stock Else Nutrition (TSX:BABY) will soon offer its ready-to-drink kids shakes in Southern California’s leading upscale grocery store chain.
The shakes, available in chocolate and vanilla, will appear on shelves in September in 19 locations across the region – from Santa Barbara to Los Angeles to Palm Springs – and will be accompanied by promotional offers touting their differentiated recipe, including being dairy- and soy-free, corn syrup- and gluten-free, clean label and non-gmo, while containing 25 vitamins and minerals and 50 per cent less sugar than the leading brand.
The grocery chain, founded in 1982, “has become a leader in the industry, renowned for its freshness, homemade quality and the inviting atmosphere that welcomes every shopper,” according to Thursday’s news release. As such, Else believes the deal is aligned with its commitment to clean, whole-food ingredients that offer parents more balanced nutritional choices.
“We are delighted to collaborate with this esteemed grocery chain to increase the accessibility of our delicious kids ready-to-drink products for families in Southern California,” Hamutal Yitzhak, co-founder and chief executive officer of Else Nutrition, said in a statement. “This partnership is a natural fit for Else Nutrition, as we both prioritize offering high-quality, healthy and flavourful food options to our customers.”
About Else Nutrition
Else develops whole plant-based, dairy-free and soy-free food and nutrition products for infants, toddlers, children and adults.
Else Nutrition stock (TSX:BABY) last traded at C$0.06 per share. The stock is down by 86.36 per cent year-over-year and by 89.83 per cent since 2019.
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(Top image of Else Nutrition’s ready-to-drink kids shakes: Else Nutrition)