Boosh Plant-Based Brands Inc. announced it has entered into a non-binding Letter of Intent for a Joint Venture with AKA Business Solutions (AKA) to establish a food manufacturing facility in Ontario, Canada. Under the terms of the agreement, BPPB and AKA will form a joint partnership to raise capital to set up a fully operational plant in Ontario. Currently AKA has lease space that is certified for food production.

The proceeds from the financing will be used for working capital required for manufacturing equipment and operations. Boosh expects to have a definitive agreement in place by March 30th, 2024 and will provide additional details on this partnership as well as other initiatives over the next several weeks.