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Good Flour Corp. Expands Reach with New Distribution Deal and Loan Amendment
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Good Flour Corp. Expands Reach with New Distribution Deal and Loan Amendment

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The latest announcement is out from Good Flour Corp ( (TSE:GFCO) ).

The Good Flour Corp. has announced a distribution partnership with Gordon Food Service for its vegan cheese product, PureMelt Cheeeze™, which is now available as an open listed item. This partnership will enhance the company’s distribution reach, allowing it to access a broad range of food service customers. PureMelt Cheeeze™ is crafted to be allergen-free and mimics the taste and texture of traditional cheese, making it a versatile and health-conscious choice. Additionally, the company has amended its loan agreement to increase its borrowing capacity, which will be used for general corporate and working capital purposes.

More about Good Flour Corp

The Good Flour Corp. operates in the food industry, focusing on producing high-quality, allergen-free, and vegan food products, such as their PureMelt Cheeeze™. The company emphasizes using non-GMO ingredients and maintaining a commitment to purity and nutritional excellence.

YTD Price Performance: 50.0%

Average Trading Volume: 11,170

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$10.49M

See more insights into GFCO stock on TipRanks’ Stock Analysis page.

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