Blender Bites Boosts US Expansion with $2M Loan
Company Announcements

Blender Bites Boosts US Expansion with $2M Loan

Thoughtful Brands Inc. (PEMTF) has released an update.

Blender Bites Limited, a Canadian company specializing in easy-to-make organic smoothie products, has secured a $2 million loan from Export Development Canada to bolster its operations and expand its brand presence in the U.S. market. The funding, with flexible drawdown options and a 12-month interest-only payment period, aims to support the company’s growth strategy in response to increasing American demand. Blender Bites, known for its convenient and nutritious frozen beverage options, continues to lead the ‘easy smoothie’ category across North America.

For further insights into PEMTF stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskBlender Bites Partners with El Encanto Hotel
GlobeNewswireBlender Bites Partners with Luxury Hotel El Encanto as Food Service Channel Sales Commence
TipRanks Canadian Auto-Generated NewsdeskBlender Bites Launches Smoothies in Major US Chain
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!