PriceSensitive

GFI (TSXV:PEAS) announces successful launch of Yofiit and Bentilia brands in the U.S. and Canadian markets

Consumer, Market News
TSXV:PEAS
18 January 2023 16:15 (EDT)

Global Food and Ingredients (PEAS) announced the successful expansion of its Yofiit and Bentilia brands in the U.S. market.

This was through the onboarding of new customers and a significant number of commitments from future customers. The company is in ongoing discussions with several other potential partners across the United States and Canada.

Recent milestones:

Both Yofiit and Bentilia have signed on and listed with KeHe Distributors. KeHe is the largest pure-play distributor of natural and organic specialty and fresh products in North America.

GFI is in active discussion with major specialty grocers and regional retailers across the United States and Canada. This would potentially open up over 3,000 points of distribution.

David Hanna, CEO of GFI, commented on the news.

“We are thrilled to see the response from our new partners in the U.S. and Canada following the rebranding of our Yofiit and Bentilia brands. We have had positive discussions with our target partners and expect a rapid expansion of both product lines. Our products use base ingredients that are regenerative to the earth, making them not only a healthier option for consumers but also a better option for the environment.”

GFI is a fast-growing Canadian plant-based food and ingredients company.

Global Food and Ingredients Ltd. (PEAS) opened trading at C$0.40 per share.


Related News