Odd Burger Expands Distribution Through Vegan Supply Partnership

Odd Burger Corporation ( (TSE:ODD) ) has provided an update.

Odd Burger Corporation has announced a partnership with Vegan Supply, a major online vegan grocery retailer in North America, to expand the distribution of its plant-based consumer packaged goods (CPG) line. This collaboration will make Odd Burger’s products available both online and in-store at Vegan Supply’s locations in British Columbia, increasing accessibility and supporting the growing demand for plant-based foods. The partnership is expected to enhance Odd Burger’s retail presence and align with Vegan Supply’s mission to provide accessible vegan products.

Spark’s Take on TSE:ODD Stock

According to Spark, TipRanks’ AI Analyst, TSE:ODD is a Underperform.

Odd Burger Corporation’s stock score is primarily impacted by its challenging financial performance, with high leverage and poor cash flows being significant concerns. Technical analysis indicates bearish momentum, reinforcing negative sentiment. Although recent corporate events are somewhat positive, they are overshadowed by financial instability and valuation concerns.

To see Spark’s full report on TSE:ODD stock, click here.

More about Odd Burger Corporation

Odd Burger Corporation is a franchised vegan fast-food restaurant chain and food technology company that produces plant-based protein and dairy alternatives. It operates smart kitchens using advanced cooking technology and automation, with a focus on healthier and sustainable fast food. The company distributes its products through its restaurant locations and grocery retailers via its consumer-packaged goods line.

Average Trading Volume: 22,589

Technical Sentiment Signal: Sell

Current Market Cap: C$18.21M

For detailed information about ODD stock, go to TipRanks’ Stock Analysis page.