Zoglo’s Incredible Food Corp (CSE: ZOG) this morning had a brief announcement, indicating that it has yet again expanded its distribution within the province of Ontario. The latest firm set to carry the company’s plant-based foods is that of Foodland supermarkets.
With 136 locations currently, Foodland is a subsidiary of Sobeys, Inc, which itself is a subsidiary of the Empire Company. The development follows the firm beginning a roll-out to 96 supermarkets in Ontario, which is another subsidiary of Sobey’s, signaling that the initial results of that program are likely quite positive.
Much like in the FreshCo announcement last month, the company hinted that there is room for expansion in this rollout as well, with Foodland having over 200 locations in Atlantic Canada in addition to its Ontario presence.
A total of 6 products from the Incredible product line are slated to be placed on store shelves in Foodland locations within Ontario.
“We are eager to begin our partnership with Foodland in their Ontario stores, with the potential of expanding into their stores across Atlantic Canada. This is another step in the right direction as Zoglo’s continues towards becoming a household name,” commented CEO Anthony Morello on the development.
Zoglo’s Incredible last traded at $0.245 on the CSE.
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