Goodfood Market Corp (TSE:FOOD) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Goodfood Market Corp has acquired a controlling interest in Genuine Tea Inc., marking a significant step in its strategy to build a portfolio of leading direct-to-consumer brands. This acquisition is expected to enhance Goodfood’s product offerings and leverage its expertise to accelerate the growth of Genuine Tea. By integrating Genuine Tea’s premium products into its meal kit subscriptions, Goodfood aims to offer added convenience and quality to Canadian consumers.
For further insights into TSE:FOOD stock, check out TipRanks’ Stock Analysis page.
