Eat Well Investment Group (CSE: EWG) (OTC: EWGFF) today announced that its majority owned portfolio company, Amara Organic Foods, one of the fastest-growing baby food brands in America, is now available nationwide across Canada in Loblaw Companies (TSX: L) locations. Established in 1919, Loblaws is one of North America’s leading grocery and pharmacy chains with more than 2,400 locations across Canada. “We are incredibly excited to see Amara add another premier distribution point in Loblaws, one of Canada’s most well-known and established grocery stores. We look forward to seeing Amara become a household name as it continues to rapidly disrupt legacy baby and toddler food brands,” said Marc Aneed, director and CEO of Eat Well Group. “We expect our revenue from our CPG investments to equate to approximately 25-35% of our anticipated $90-110M projected 2022 revenue.”
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About Eat Well Investment Group Inc.
Eat Well Group is a publicly traded investment company primarily focused on high-growth companies in the agribusiness, food tech, plant-based and environmental, social and governance (“ESG”) sectors. Eat Well Group’s management team has an extensive record of sourcing, financing and building successful companies across a broad range of industries and maintains a current investment mandate on the health/wellness industry. The team has financed and invested in early-stage venture companies for greater than 25 years, resulting in unparalleled access to deal flow and the ability to construct a portfolio of opportunistic investments intended to generate superior risk-adjusted returns. For more information, visit www.EatWellGroup.com.
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