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Eshbal Functional Food Inc. ( (TSE:ESBL) ) has issued an update.
Eshbal Functional Food Inc. has announced two strategic moves to bolster its North American expansion: the signing of a binding Letter of Intent to acquire a 55% interest in Dare to Be Different Foods, a U.S.-based company specializing in low-carb, gluten-free products, and the appointment of Avi Markus as Chief Commercial Officer for North America. These developments are expected to enhance Eshbal’s market positioning and operational capabilities in the region, with Markus bringing extensive experience in consumer-packaged goods and ‘Better for You’ food brands to drive commercial operations, sales, and partnerships.
More about Eshbal Functional Food Inc.
Eshbal Functional Food Inc. is a developer and manufacturer of health-focused food and nutraceutical products. The company specializes in gluten-free, vegan, low-carb, sugar-free, and supplement-based solutions, catering to industrial, foodservice, and retail clients in Israel and abroad. Eshbal is actively expanding its presence in the North American market following a reverse takeover with Hakken Capital Corp., becoming publicly listed on the TSX Venture Exchange.
Average Trading Volume: 18,794
Current Market Cap: C$4.08M
See more data about ESBL stock on TipRanks’ Stock Analysis page.