Boosh Plant-Based Brands (TSE:VEGI) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Boosh Plant-Based Brands Inc. is in the process of selling its Beautiful Beanfields brand to Simple Yummy Chips, aiming to alleviate financial pressures and improve its balance sheet. The deal, still in non-binding stages, could potentially decrease Boosh’s liabilities by about $2 million and help the company navigate a competitive market.
For further insights into TSE:VEGI stock, check out TipRanks’ Stock Analysis page.