Distribution continues to expand for Zoglo’s Incredible Food Corp (CSE: ZOG). The company this morning revealed that it has strengthen its presence within the Alberta market through an arrangement with Calgary Co-operative Association Limited.
The arrangement will see Zoglo’s line of Incredible food products listed at the grocer, with all of its products under the Incredible banner to be stocked at the cooperatives Calgary locations. The Calgary Co-op currently has a total of 22 supermarkets within the region.
“This rollout will facilitate consumer adoption by further strengthening our brand awareness and availability across Canada while doing our part in reducing emissions,” said Anthony Morello, CEO of the company on the news.
Sponsored · Cambria Gold Mines
As an indication of the significance of the arrangement, the Calgary Co-op is currently ranked as the eighth largest grocer in all of Canada, with over a billion in sales annually. The firm is one of the largest co-operatives in North America, with a member list that exceeds 440,000 people.
The listing of products at the large grocer follows a major announcement by the company last month, wherein it revealed that certain Walmart locations across Canada would soon begin stocking the Zoglo’s Incredible line of products. This also follows a deal to list the products in all 130 Metro locations in Ontario.
Zoglo’s Incredible Food Corp last traded at $0.31 on the CSE.
FULL DISCLOSURE: Zoglo’s Incredible Food Corp is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Zoglo’s Incredible Food Corp on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.
