Plantify Foods Inc (TSE:PTFY) has released an update.
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Plantify Foods Inc. is adapting to geopolitical tensions by streamlining its operations, focusing on high-margin products, and generating extra cash through the sale of non-essential assets. CEO Suzette Ramcharan emphasizes the move as a strategic pivot to stabilize the company during uncertain times, with plans to continue exploring other opportunities. The company, with a strong commitment to nutritious and Clean Label food products, is expanding its market presence in Europe and North America while maintaining operations in Israel.
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