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EnWave Expands Licensing Agreement with BranchOut Foods for Blueberry Production in Peru

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EnWave Expands Licensing Agreement with BranchOut Foods for Blueberry Production in Peru

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Enwave Corp ( (TSE:ENW) ) has shared an update.

EnWave Corporation has amended its licensing agreement with BranchOut Foods Inc., granting exclusive rights to produce dried blueberry products using its REV™ technology in Peru, with an annual royalty requirement. This strategic move enhances EnWave’s market presence in Peru and strengthens BranchOut’s product portfolio, potentially increasing profitability and market competitiveness for both companies.

More about Enwave Corp

EnWave is a global leader in vacuum microwave dehydration technology, offering innovative drying solutions that outperform traditional methods in efficiency, capacity, and cost across the food, pharmaceutical, and cannabis industries.

YTD Price Performance: -2.27%

Average Trading Volume: 74,716

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: C$24.44M

For detailed information about ENW stock, go to TipRanks’ Stock Analysis page.

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