Planet Based Foods Global Inc. Secures Royalty Agreement for New Horticulture Revenue Stream

Core Insights - Planet Based Foods Global Inc. has entered into a royalty agreement for horticultural inputs produced in Van, Türkiye, marking a strategic move to diversify its revenue base [1][2] - The company will manage operations under this agreement and expects to receive a recurring revenue stream through monthly distributions, supporting both near-term revenue generation and long-term growth initiatives [2][3] - The establishment of recurring revenues is viewed as a significant milestone for the company, aligning with its mission to deliver shareholder value and sustainable solutions [3] Company Overview - Planet Based Foods Global Inc. focuses on sustainable ingredients, plant-based solutions, and advancements in agricultural technology, aiming to create a cleaner and healthier global food system [4] - The company emphasizes environmental stewardship, product excellence, and scalable impact, empowering food manufacturers and consumers to align with evolving consumer values [4]