Tahoe Miller Group and Johnny Rockets combine together with Cloud Kitchens

Jesse Arora’s Fat Burger and Tahoe Miller Group combine forces to conquer the fast food industry? Our family here at Tahoe Miller is proud to serve our communities the tastiest lunches, dinners, snacks, and desserts around. We always make sure to use the highest quality of ingredients that you and your family deserve. We serve the areas that we live in. Not only are we at our restaurants constantly to make sure that our customers leave satisfied and happy with the food and service they received, we make sure to hire individuals who align with our mission and goal: bringing happiness through food to everyone!

Tahoe Miller Group, Inc. (Operating as Fat Brand) is a leading, global, multi-brand, restaurant franchising company that strategically develops, markets, and acquires restaurant concepts worldwide. We currently own the Fatburger, Buffalo’s Cafe, Buffalo’s Express, Hurricane Grill & Wings, Yalla Mediterranean, Ponderosa and Bonanza Steakhouse, and Elevation Burger brands, and franchise over 380 units worldwide.

Under under Rahul Kunwar and Jesse Arora‘s leadership Johnny Rockets and Tahoe Miller Group will use Cloud Kitchens technology. With CloudKitchens, he is buying up cheap properties across the U.S. and in India, China, the U.K. and elsewhere. The hope is that their proximity to densely populated areas will make them good candidates for commissary kitchens that can provide food exclusively for delivery, or even miniwarehouses for products people will pay to have delivered quickly. The tenants renting the space might be chefs that want to test out a new food concept but don’t want to lay out the capital or take the risk of opening a new restaurant. Ghost kitchens, as they are known, may also appeal to existing restaurants that want more capacity to prepare food or make delivery available further from their traditional locations.

Eating habits have changed as people have become increasingly health-conscious, demanding alternatives to traditional fast food options. While major fast food retailers have responded by expanding their healthy offerings, the general trend toward health awareness has decreased demand for traditional fast food restaurants in favor of growing fast-casual restaurants. Many major chains have also invested in meat alternatives and other dietary changes to attract nontraditional consumers as part of a long-term strategy to adjust to the changing consumer landscape.

At Fatburger, we are proud to say that word of mouth marketing — and a little creative advertising — have filled our restaurants for more than half a century. Demographically, our appeal is limitless. Our customers come from every walk of life – mirroring the diversity of each community in which we are located. Teenagers, singles, families with children, senior citizens – basically people from all income levels and ethnic backgrounds love a great hamburger. Our customers tell their family, friends and associates about the homemade taste, spotless surroundings, friendly atmosphere and courteous service they experience at Fatburger restaurants.

Johnny Rockets, which had been owned by private equity firm Sun Capital Partners, is known for its retro feel as well as decadent burgers and milkshakes. The company opened its first restaurant in 1986 on LA’s famous Melrose Avenue. However, Americans’ tastes have changed. More consumers, especially younger diners, are shunning meat. Johnny Rockets’ menu does include a black bean burger, but there are no trendy plant-based offerings such as those popularized by Beyond Meat (BYND) and Impossible Foods. FAT Brands hinted that it might shake things up at Johnny Rockets. Andy Wiederhorn, CEO of FAT Brands, said in a statement Thursday that FAT Brands is “eager to take the brand to new heights.” Discover even more details on Johnny Rockets.

Contact : info@tahoemiller.com
24”2 Del Paso Rd
Unit 100
Sacramento CA 95834

Tahoe Miller Group and Fat Burger combine forces to conquer the world of fast food franchisee

Fat Burger and Tahoe Miller Group combine together with Cloud Kitchens? Our family here at Tahoe Miller is proud to serve our communities the tastiest lunches, dinners, snacks, and desserts around. We always make sure to use the highest quality of ingredients that you and your family deserve. We serve the areas that we live in. Not only are we at our restaurants constantly to make sure that our customers leave satisfied and happy with the food and service they received, we make sure to hire individuals who align with our mission and goal: bringing happiness through food to everyone!

Tahoe Miller Group, Inc. (Operating as Fat Brand) is a leading, global, multi-brand, restaurant franchising company that strategically develops, markets, and acquires restaurant concepts worldwide. We currently own the Fatburger, Buffalo’s Cafe, Buffalo’s Express, Hurricane Grill & Wings, Yalla Mediterranean, Ponderosa and Bonanza Steakhouse, and Elevation Burger brands, and franchise over 380 units worldwide.

Under under Rahul Kunwar‘s leadership Fat Burger and Tahoe Miller Group will use Cloud Kitchens technology. Travis Kalanick had a front-row seat to the food-delivery boom while chief executive at Uber Technologies Inc., thanks to its Uber Eats unit. For his next act, he is trying to capitalize on it through real estate. They’ve become a hot trend in the food-delivery arena, allowing existing restaurants to be closer to a market without shelling out the cash needed for a brick-and-mortar location. They also allow chefs to work without having to deal with the risky business of opening a new restaurant. And the kitchens can also do marketing for these businesses, another perk.

However, compared with other operators in the accommodations sector, fast food restaurants have still performed well over the past five years due to the relatively low prices and convenience they offer. The addition and popularity of fast-casual restaurants has also boded well for this industry as a whole, helping the industry maintain revenue growth despite declining profitability. Nonetheless, intense internal and external competition has forced fast-food operators to emphasize low prices in a battle to attract consumers. This has been mitigated by steady consumer spending, which has curtailed revenue losses during the period. As a result, industry revenue has grown an annualized 3.8% to $293.1 billion over the five years to 2020, including an increase of 2.4% in 2020 alone amid heightened competition.

At Fatburger, we are proud to say that word of mouth marketing — and a little creative advertising — have filled our restaurants for more than half a century. Demographically, our appeal is limitless. Our customers come from every walk of life – mirroring the diversity of each community in which we are located. Teenagers, singles, families with children, senior citizens – basically people from all income levels and ethnic backgrounds love a great hamburger. Our customers tell their family, friends and associates about the homemade taste, spotless surroundings, friendly atmosphere and courteous service they experience at Fatburger restaurants.

Johnny Rockets was founded in 1986 with its first location on Melrose Avenue in Los Angeles and became famous for its 1950s diner-style decor, burgers and ice cream shakes. Fat Brands’ Chief Executive Officer Andy Wiederhorn said the company expects to modernize Johnny Rocket’s menu, which already has a black bean burger, by adding plant-based options and vegan milkshakes. The deal is expected to be completed in September, and following the acquisition, Fat Brands will have more than 700 franchised and company-owned restaurants. Find extra info on Johnny Rockets.

Contact : info@tahoemiller.com
24”2 Del Paso Rd
Unit 100
Sacramento CA 95834

Guido Accordini Conservazione Vino Accordini Igino

Accordini Igino San Pietro In Cariano? Inoltre è doveroso precisare che l’Amarone è conosciuto anche come Recioto Secco oppure Recioto Amaro, il quale si abbina perfettamente ai piatti dal carattere deciso, alle carni rosse e ai dessert. In quest’ultima occasione li rende ancora più gradevoli al palato, perché capace di creare un piacevole contrasto tra gusto dolce e amaro. Il Recioto può invece essere degustato per concludere in bellezza un pasto insieme a della piccola pasticceria secca, alle crostate di frutti rossi, alla frutta candita e a tutti i dolci speziati o a base di cioccolato fondente.

Ecco perché questa parte del Veneto è davvero ideale per i vitigni, la loro coltivazione e la loro crescita, anche grazie alla presenza di piccoli torrenti conosciuti con il nome di progni. Botti di Amarone della Valpolicella della cantina Accordini Gino: Nel corso degli ultimi anni la Cina ha messo in mostra un forte interesse nei confronti dei vini del Veneto, che sono diventati quasi uno status symbol per la fascia di popolazione che può vantare un reddito alto. Al di là dell’Amarone, anche i Brut Rosè e il Ripasso godono di un notevole apprezzamento in Estremo Oriente. Quella dell’Amarone della Valpolicella, però, non è una moda del momento destinata a svanire nel giro di breve tempo, ma rappresenta l’esito di una relazione che è stata sviluppata e che è cresciuta nel corso degli anni.

Una volta che è stato effettuato l’appassimento, il peso delle uve si è ridotto fino al 40%, e il loro aspetto è simile a quello dell’uva passa; inoltre, gli aromi e gli zuccheri si sono concentrati. La vinificazione è lenta, visto che di solito ha una durata di un mese e mezzo superiore rispetto a quella che viene adottata per i vini classici. In questa fase si sospende la fermentazione: ciò vuol dire che la trasformazione in alcol dello zucchero non viene portata a termine in maniera definitiva dalle uve, ed è per questo che il vino risulta molto strutturato ma meno alcolico, e quindi più dolce. Trova aggiuntivo Informazioni sopra Accordini Igino.

Qual è l’eredità lasciata da Accordini Igino? Accordini Igino è stato un artigiano dei vigneti più apprezzati, più desiderati e più acclamati del nostro Paese. Egli ha dedicato la propria esistenza alla ricerca della ricetta più adatta per la coltivazione della vigna, ma anche per l’essiccazione delle colture e la loro lavorazione. Colture che, con il passare del tempo, vengono curate per mettere a disposizione una migliore qualità in bottiglie di liquori che vengono prodotti e proposti in edizioni limitate. L’anno prossimo, tra l’altro, festeggeremo i due secoli di vita, visto che la storia della cantina è cominciata nel lontano 1821. Che cosa è cambiato nel corso di questi due secoli?

L’Amarone della Valpolicella è un vino rosso corposo e secco, amato sia in Italia che all’estero. Prodotto solo nella zona collinare della Valpolicella, in provincia di Verona, deve il nome Amarone alla necessità di distinguerlo rispetto al Recioto, che viene prodotto nella stessa zona e con le stesse uve ma è un passito dolce. Il sapore pieno e vellutato è il tratto distintivo dell’Amarone di Accordini Igino, che propone un rosso strutturato che rientra a pieno titolo tra i successi nel mondo dei vini Made in Italy. Basti pensare che lo scorso anno le vendite dell’Amarone erano cresciute in Italia di quasi il 7% e nel resto del mondo del 4%, per un volume di affari complessivo intorno ai 350 milioni di euro. Per il mercato del vino italiano nel suo complesso, nel 2019 l’aumento delle vendite aveva superato il 3%, per 5 miliardi e 300 milioni di euro di fatturato e in totale 22 milioni di ettolitri di vino messi in commercio. Vedere Di Piu informazione a Accordini Igino.

Gellan Gum online shopping by Cinogel Biotech

Gellan Gum online store by Cinogel Biotech? Gellan gum is an additive used to bind, stabilize, or texturize foods. While naturally occurring, it’s also produced commercially via bacterial fermentation. How is gellan gum used? Gellan gum has a variety of uses. As a gelling agent, it lends a creamy texture to desserts, gives fillings for baked goods a jelly-like consistency, and reduces the likelihood that certain delicacies — such as creme brulee or flaming sorbet — will melt when subjected to heat. Gellan gum is also commonly added to fortified juices and plant milks to help stabilize supplemental nutrients like calcium, keeping them mixed into the beverage rather than pooled at the bottom of the container.

One interesting use of gellan gum in food preparation is in gastronomy, especially to create specialty desserts. Chefs sometimes add gellan gum to ice cream and sorbet recipes to help with churning, plus it helps prevent melting of cold desserts when a flame or alcohol is used to provide browning or crusting (such as to make creme brulee, flaming sorbet or bananas foster). (2) One small study, conducted by researchers of the Chemistry Department at the University of Edinburgh, that tested the effects of ingestion of gellan gum at a high level for 23 days showed that it acted as a faecal bulking agent that had effects on dietary transit time. “High levels” of gellan gum in the volunteers’ diets consisted of 175–200 milligrams of gellan gum per kilogram of body weight. See more info on Gellan Gum Manufacturer.

How is gellan gum used? Gellan gum has a variety of uses but it’s most commonly used to bind and create creamy textures in ice creams, plant based milks, and even juices to help stabilize the liquid so they stay “mixed” and don’t seperate to make it look appealing to the shopper. Beverages: plant-based milks, juices, chocolate milk, and even some alcoholic drinks Confectioneries: candy, marshmallows, fillings for baked goods, chewing gum Dairy / dairy alternatives: cream, plant based yogurts, processed cheese, vegan cheese alternatives Packaged foods: cereals, some noodles, breads, and gluten-free and low-carb pastas / breads Sauces and spreads: salad dressings, ketchup, mustard, jams / fruit spreads Other foods: vitamins and supplements, some processed meats, prepared soups, broths, powdered sugar, and syrups

What are the application of gellan gum? Gellan gum is a multi-functional hydrocolloid used as a gelling, texturizing, stabilizing, suspending, film-forming and structuring agent in food, beverage, personal care applications and pharmaceuticals. Water-based dessert jellies are commonly brittleness, cohesiveness, elastic, creamy, sticky, firm, wobbling, syneresis and easy demoulding. Gellan gum functions as a gelling, texturizing, stabilizing, suspending, film-forming and structuring agent in water desserts & dessert Gels.

The company builds close relationship with technology colleges and universities and scientific research institutes, establishing chemical engineering center. All these provides powerful guarantee for the enterprise’s continuous progress. There are Administration Department, R&D Center, QC Department, Production Department, Equipment Department, Sales Department, International Trading Company, Warehouse and Financial Department in our management system. Since established, we have passed ISO9001, ISO14001, HACCP, QS, KOSHER, HALAL, IP (NON-GMO), and CNAS inspection. Read extra info on this website.

Highest quality buffalo chicken jerky

Grass fed grass finished beef jerky online shopping: Nick’s Sticks uses grass-fed beef to deliver an all-natural delicious jerky. While their bread and butter is the meat stick business (Nick’s sticks produces both beef and turkey sticks in a number of flavors), they also produce top-quality beef (and turkey) jerky. The fact that the beef is grass-fed means that the jerky is naturally lower in saturated fat and higher in Omega-3s as well as conjugated linoleic acid, which is thought by many experts to help fight cancer (who knew eating beef jerky could be so good for you?). Nick’s only produces two flavors — Natural and Prairie Fire — but with all the other goodness packed into each pack, who really cares? It’s still delicious.

Beef jerky is PACKED with protein. One ounce of beef jerky (about 28 grams) generally provides about 14 grams of protein. Consider the average “high-protein bar” weighs about 80 g and only provides 20 g of protein. Beef jerky provides DOUBLE that protein-to-weight ratio. In short, beef jerky is one of the densest sources of protein. Backpackers are all about lightweight nutrition which makes this snack a staple of the trail diet. Depending on what your nutritional needs are, beef jerky can be a great low fat and low carbohydrate snack as well.

Sticky, deep Asian flavors of tamari, ginger and sesame oil. What Makes Our Beef Jerky The Best: USA Grass Fed Grass Finished Beef, Whole Muscle Cuts, Lean Protein, Gluten Free, Natural Ingredients, No Preservatives, Made in Small Batches, Travel Friendly. Ingredients: Free-range chicken breast, tamari sauce, sugar, brown sugar, sesame oil, honey, garlic, granulated onion, sesame seeds, green onion, ground black pepper, ginger, mustard powder, allspice. Read extra information at https://jawboxjerky.com/collections/the-jerky/products/spicy-flavor-grass-fed-beef-jerky.

Accompanying that is a mix of three different types of peppers that add the right amount of heat. To achieve this, an array of healthy ingredients is put to use. In fact, the Think Jerky brand as a whole solely makes use of sustainably raised beef that is void of any additional hormones and/or antibiotics. The beef used is most definitely 100% grass-fed and is gluten, nitrite, and GMO-free. The cherry on the top here is the fact that each bag contains as little as 100 calories. This can be burned off with a brisk walk or a session in the pool. Additionally, it contains a total of 16 grams of protein and a mere 1.5 grams of fat. Can something so healthy taste good at all? Chef Troost and his numerous achievements can attest to the punch of flavor that this beef jerky option has to offer.

Jawbox Jerky was born from a backyard barbecue challenge among friends: can we make a better, tastier, healthier jerky than what’s available? That night, Jawbox co-founder Jay Lane went home and ordered a dehydrator online. And the next day Jay’s neighbor and Jawbox co-founder, Chef Devin (Devo) Beck, stopped by his local butcher to buy top-grade, grass-fed beef. Later that day, the very first batch of Jawbox Jerky was created. Discover additional info on https://jawboxjerky.com/.

Traditional turkish coffee online store

A lot of families are working far away from their countries and they would love to have something to remember them about their home country.For all turkish people around the world there is this family that ships traditional handmade food , with authentic taste, or handmade turkish crafts to anyone anywhere in the world. Would you like to taste an authentic turkish coffee set? Gourmeturca is like a family you left behind and that will send you a nice wrapped box with something good your grandma did for you.

Every turk deserves a family in Turkey even if he lives far away and he doesn’t has anyone left in Turkey. It must feel lonely without your home rituals, traditions and culture right ? The people at Gourmeturca want to be like a family to you. Do you want something from Turkey that you can’t find where you live now? Tell them and they will search for it in Turkey and find it for you. They won’t send you garbage or poor quality stuff, they will only send you things that they would gift to their family. You are in their family now.

Closely following baklava as a national favourite, Turkish delight is not only widely consumed by Turks but also top of the list for souvenirs to buy while in Turkey. Made from starch and sugar, thousands of boxes are sold across the country every day, although Turks generally only bring it out on special occasions such as Seker Bayram (Sugar Festival) or to sweeten the dark, earthy taste of Turkish coffee. Originally invented by a confectioner called Haci Bekir Effendi, during the Ottoman era, it is sold in a variety of flavours and the UNESCO world heritage district of Safranbolu is famous for their production of the jelly-like sweet.

Gourmeturca.com Motto: Always best. Always fast. We never ship something that a family member wouldn’t send their folks. When someone needs something from Turkey, we act like a family member of them. We find whatever they need, we ship wherever they are. With the best way and the fast way. Get your handmade red water patterned charger from us today!

Halva is a generic term for a few different types of dense, rich desserts; “halva” literally means “sweet”. There is a flour-based version that is more gelatinous, whereas the nut, butter, and sugar-based version crumbles more easily. Regardless of what kind of halva you find, the sweetness and nutty texture of this dessert will hit your palate just right after a Turkish meal especially after a fish plate.

Our office is a logistic center that brings the unique flavors from every corner of Turkey to the whole world. A research-development base which combines technology with flavor. A huge base where young people work 7/24 to serve you. A transfer center sending love with food packages to the whole world. An e-commerce center where thousands of products are collected and shipped every day. And don’t forget we give a $25 discount on your first order!

FAYA International and Electronic Commerce Inc.
gourmeturca.com
Turkey Head Office : Barbaros Mahallesi Karanfil Sokagi Varyap Meridian A Blok Villa 1, 34746 Atasehir/Istanbul
United States Office : 17702 Mitchell North, Irvine, CA 92614
Whatsapp: +905318190048
Phone: +902162323030

Best nespresso machines

I will review some of the best percolator coffee makers. Another great De’Longhi machine is the Magnifica Super-Automatic Espresso and Coffee Machine. It is a combination product and works just like the Nespresso Pixie. However, you can use any coffee beans/grounds with this machine. You can also make both espressos and cappuccinos with it. The De’Longhi Magnifica Super-Automatic Espresso and Coffee Machine has its own built-in burr grinder where you can adjust the beans’ fineness to your preference. It is classified as a super-automatic machine, but it does not have electronic displays.

Sowtech Espresso Machine 3.5 Bar 4-Cup Espresso Maker Cappuccino Machine With Steamed-Milk Frother and Carafe : “This product exactly serves the purpose of making espresso at home,” one reviewer writes, echoing dozens of others who love this machine’s size. “It’s small and doesn’t take up much counter space,” another says. The compact machine still includes a milk frother, a feature mentioned in dozens of reviews, and many also appreciate that it’s easy to use. One shopper could even “set it up without the manual.” From box to brew, reviewers are happy with the results — even one barista gives a seal of approval. “I was a bit skeptical that the drinks would turn out, but after my first try I was pleasantly surprised … This machine has made perfect lattes for me every time.”

Best Budget: Primula Today 9-Cup Coffee Percolator: The price is right on this 9-cup percolator. The pot, lid, screen filter, and basket are all made from aluminum, so this is lightweight yet safe to use on the stove or when you’re camping. However, it won’t work on induction cooktops. The clear top knob lets you watch the brewing process, and the plastic handle stays cool while you brew.

We tried a couple of Nespresso products designed for people who want to make their own coffee drinks with frothed milk, but we didn’t love any of them. In addition to selling several stand-alone milk frothers, Nespresso has an entire series of Lattissima machines in the Original line that boast integrated milk frothers. The cheapest in the series is the $380 Lattissima One, which came out after we finished testing models. We tested the $400 Lattissima+, which was the cheapest at the time of our testing. Interested to buy best electric percolators? Read extra details at percolator coffee filters.

The Lattissima Plus is designed to work with Nespresso coffee pods but has its own distinctive identity and unique set of features. You can enjoy a cappuccino in just a few minutes with the automatic one-touch system. The system also features a removable 12-oz milk carafe that you can store in the refrigerator for later consumption. It heats up and is ready to use in a matter of seconds. Used pods are automatically ejected into a tank that can accommodate up to 10 pods. There are also buttons that you can use to produce other drinks such as espresso, latte macchiato, hot milk or long coffee.

Coffee shop online

Let’s get informed about coffee, coffee types and flavors. Cappuccino : Possibly the most popular type of coffee in the world, a cappuccino consists of three layers (kind of like a cake). The first is a shot of espresso, then a shot of steamed milk, and finally the barista adds a layer of frothed, foamy milk. This final layer can also be topped with chocolate shavings or powder. Traditionally, Italians would consume this type of coffee at breakfast. Espresso : To make an espresso, shoot boiling water under high pressure through finely ground up coffee beans and then pour into a tiny mug. Sounds simple right? Well, it’s surprisingly difficult to master. Espressos are the purest coffee experience you can get, and while they’re not for everyone, it can be a truly singular drinking experience when you find a good brew.

Two less common types are Liberica and Excelsa, which are rarely seen, especially in the United States. The former is grown exclusively in the Phillipines and is not imported at all into the States. On the other hand, the latter (which is often considered a genus of Liberica beans) only makes up about 7% of the world’s consumption and are grown in Southeast Asia.

Typica is your “typical” Arabica. It’s a variety that encompasses a number of the most popular and most sought after regional coffees including Kona, Java, Jamaican Blue Mountain, and more. This variety started in Yemen before being spread far and wide through trade. It first made it to Malabar India and Indonesia before eventually reaching the West Indies. Some subvarieties of Typica include Sumatra, Bergendal, Rume Sudan, Amarello de Botancatú, Blawan Paumah, and Java Mocha. Also, there are a number of Typica mutations, including Mokka*, Pluma Hidalgo, Creole, Ethiopian Harrar, Blue Mountain, Villa Sarchi, Ethiopian Sidamo, Ethiopian Yiragacheffe, San Ramón, and Sidikalang (just to name a few). Bourbon is probably one of the most common sub varieties of Typica. It got its start in the early 1700s when the French brought an Arabica Typica plat to the island of Bourbon (now Reunion). A slight mutation occurred and the variety eventually spread across Central and South America. These plants are popular because they produce more coffee cherries than other Typica varieties. Sub-varieties of Bourbon include French Mission, N39, Mayaguez, Arusha, Jackson, K20, Kenya Selected, and SL35 ; and Pointu, Semperlorens, Caturra, SL34, Tekic, and Pacas are mutations from this variety.

Lungo – Lungo is often confused with Americano, but it’s not at all the same. Lungo is a long shot prepared by extracting double the amount of water with same amount of coffee grounds. In figures, it means, 50 ml of water is extracted with 7 grams of coffee. This results in extraction of more caffeine, but with dissolved off-notes of coffee. It’s a less popular drink but it’s a preferred drink for people who demand more caffeine. Caffe Crema – An extra long espresso drink served in Northern Italy, Germany, Switzerland and Austria. It has different flavor profile than related drinks like Lungo and Americano due to different extraction process. Rough brewing ratios of ristretto, normale, lungo, and caffè crema are 1:2:3:6 and the average water part per shot is 6 oz (180ml). Cafe Zorro – This is a double shot of espresso that is added to water in a 1:1 ratio. See more details on Coffee Shop.

GreenSpace Brands Announces Acquisition of US Based Galaxy Nutritional Foods, Owners of the Go Veggie Brand

GreenSpace Brands Inc. (“GreenSpace”) (TSXV: JTR) is pleased to announce today that it has signed a share purchase agreement dated December 20, 2017 to acquire (the “Acquisition”) all of the outstanding shares of Galaxy Nutritional Foods Inc. (“Go Veggie”), which owns the Go Veggie? brand. Go Veggie is one of the leading cheese alternative brands in the United States with distribution in over 12,000 locations through most major US grocery retailers and natural food chains, along with a growing food service business. The plant based dairy alternative market is one of the fastest growing subsets of the natural food market, but has very few established players. Go Veggie has established itself as one of the preeminent brands in the space with some of the best tasting and award winning products.

Greenspace will be holding a conference call to discuss the details of the transaction on December 21st, 2017 at 9:00 EST. The call will be hosted by Matthew von Teichman, President and Chief Executive Officer. Following management’s presentation, there will be a question and answer session for analysts and investors. To participate in the teleconference, dial (647) 427-7450 or 1 (888) 231-8191 (Toll-free). Callers are advised to call five minutes in advance of the call.

A taped rebroadcast will be available beginning at 11:20 am (EST) December 21st, 2017 until 11:59 pm (EST) on December 28th, 2017. To access the rebroadcast, please dial (416) 849-0833 or 1 (855) 859- 2056 and use the passcode 1289656 followed by the number sign.

Overview of the Acquisition

GreenSpace has agreed to purchase Go Veggie for a total consideration of $17.8 million USD, comprised of $4.5 million USD in cash, $7.62 million USD (approximately $9.81million CAD) in GreenSpace common shares (the “Share Consideration”), and a two year vendor take back loan of $5.72 million USD, carrying an 8.5% coupon. Greenspace will issue 7.16 million Common shares at $1.37 per share as part of the transaction, a 14.2% premium to the closing market price on December 19th, 2017.

GreenSpace will be purchasing Go Veggie from Mill Road Capital, a Greenwich, Connecticut based private investment firm focused on investing in and partnering with publicly traded micro-cap companies. Mill Road will become the largest shareholder of GreenSpace as a result of this transaction. Mill Road Capital has a long history of successfully investing in emerging consumer brands throughout Canada and the United States, and this expertise will help support the GreenSpace team as they navigate the US natural food market and US capital markets.

The Share Consideration will be subject to lock-up and escrow pursuant to which approximately 45% of the Share Consideration shall be locked up for 12 months from the closing date, 5% of the Share Consideration shall be in escrow for 13 months from the closing date and the remaining 50% shall be locked-up for 18 months from the closing date, subject to certain exemptions.

Select highlights of the Acquisition include the following:

Go Veggie adds a profitable pre-existing US platform that will enable GreenSpace to launch its most innovative and unique brands into the US;

The acquisition is expected to add significant gross margin dollars to GreenSpace and improve the overall gross margin profile, as well as add incremental adjusted EBITDA in the short term, with more significant growth in adjusted EBITDA over the long term. Go Veggie recorded revenues of $16.3 million USD for their fiscal year ended March, 31, 2017, with strong gross profit margins of approximately 40%.1
Go Veggie has one of the leading brands in what GreenSpace believes to be one of the fastest growing segments of the natural food industry, plant based dairy alternatives. Galaxy has broad based distribution across the United States and an existing high functioning team; and

GreenSpace believes that by supporting updates and amplifying the brand image of Go Veggie, it will be able to further develop its leadership position in the plant based dairy alternatives vertical in North America;

“We couldn’t be more excited to add Go Veggie to the GSB family of brands. With the acquisition of Go Veggie, we enter our most sought after vertical, plant based dairy alternatives. The addition of Go Veggie adds a profitable pre-existing US platform that will enable us to launch our most innovative and unique brands into the US under the expert leadership of one of the most respected people in the US natural food industry, Rick Antonelli, CEO of Go Veggie” comments Matthew von Teichman, CEO of Greenspace, “This is truly a transformative acquisition for us. We will continue to develop their Canadian sales strategy through the leveraging of our current platform and strategically initiate our US development by leveraging their platform. It’s a win-win and the ideal way for us to get going in the US market”

Rick Antonelli, CEO of Galaxy comments, “We’ve been watching GreenSpace for years and have admired the stable of brands they’ve been able to put together in such a short time. We feel that Go Veggie is a perfect addition to that roster of strong brands and with the potential synergies of our team selling their products, and their team selling our products, there’s a significant long term upside for both. I can’t wait to start presenting GreenSpace’s unique and innovative products to the US market and Go Veggie’s existing retail partners.”

The Acquisition is scheduled to close in January 2018, subject to satisfaction of customary closing conditions and approval of the TSX Venture Exchange. Financo, Inc. has acted as the exclusive advisor to Galaxy and Mill Road.

About GreenSpace

GreenSpace is a Canadian-based brand ideation team that develops, markets and sells premium natural food products to consumers across Canada. Greenspace owns and operates the following brands: Love Child Organics., one of the fastest growing brands in Canada and a producer of 100% organic food for infants and toddlers made with the pure, natural and most nutritionally-rich ingredients; Central Roast, a clean snacking brand that has been one of the leading natural food brands in Canada; Rolling Meadow Dairy, Canada’s leading grass fed dairy product line, delivering premium fluid and cultured products across Canada; Life Choices which features premium convenience meat products made with grass fed and pasture raised meats without the use of added hormones and antibiotics; Kiju, the Canadian market leader in the shelf stable organic juice segment; Cedar , the Canadian leader in cold pressed and gut health fresh juices. All brands are wholly owned and retail in a variety of natural and mass retail grocery locations across Canada.

GreenSpace’s filings are also available at www.SEDAR.com

About GO VEGGIE?

Over 40 years ago Galaxy Nutritional Foods Inc. created the cheese alternative category for health-conscious consumers and is proud to remain America’s leading provider of great tasting cheese-free products. Today, under Galaxy’s new brand GO VEGGIE, the company continues to innovate and offer consumers more healthy cheese-free choices. Across its product portfolio – Vegan, Lactose Free, and Lactose & Soy Free – GO VEGGIE offers 55 products across the United States in a wide variety of formats.

For product information, recipes, and more, visit www.goveggiefoods.com. Follow GO VEGGIE on Facebook, Twitter, Instagram, and Pinterest.

About Mill Road Capital

Mill Road Capital is a private investment firm focused on investing in and partnering with publicly traded micro-cap companies in the U.S. and Canada. The firm has flexible, long-term capital with the ability to purchase shares in the open market, buy large block positions from existing shareholders, provide capital for growth or acquisition opportunities, or execute going-private transactions. The firm has raised approximately $670 million of aggregate equity capital commitments and has offices in Greenwich, CT and the San Francisco Bay Area. Mill Road’s investments in Canada include Ten Peaks Coffee Company, a British Colombia based premium green coffee decaffeinator, PRT Growing Services Ltd., the British Columbia based leader in container grown tree seedlings for replanting forests, and Cossette, the largest full service advertising agency in Canada.

More information can be found at http://www.millroadcapital.com.

Forward Looking Information

Certain statements in this press release may constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements include, but are not limited to, statements concerning (i) the Acquisition; (ii) the completion of the Acquisition; (iii) anticipated approvals; (iv) the time to the closings; and (v) results of the completion of the Acquisition. Forward-looking statements generally can be identified by the use of forward-looking terminology such as “outlook”, “objective”, “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “should”, “plans” or “continue”, or similar expressions suggesting future outcomes or events. Such forward-looking statements reflect management’s current beliefs and are based on information currently available to management. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those contemplated by such statements. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements including, without limitation, the risks that: (1) the information provided to GreenSpace by Galaxy turns out to be misleading, untrue or incomplete; (2) the Acquisition may not be completed for any reason whatsoever, including that regulators may not approve the Acquisition; (3) the closings may not occur as scheduled or at all; and (4) GreenSpace may not achieve the results currently anticipated. Although GreenSpace believes that the expectations reflected in its forward-looking information are reasonable, undue reliance should not be placed on forward-looking information because GreenSpace can give no assurance that such expectations will prove to be correct. In addition to other factors and assumptions which may be identified in this press release, assumptions have been made regarding and are implicit in, among other things, the timely receipt of required regulatory approvals. Details of the risk factors relating to GreenSpace and its business are discussed under the heading “Risk Factors” in the preliminary short form prospectus filed on the date hereof and “Risks and Uncertainties Related to the Business” in GreenSpace’ annual information form dated July 18, 2017, a copy of which is available on GreenSpace’ SEDAR profile at www.sedar.com. Readers are cautioned that the foregoing list is not exhaustive of all factors and assumptions which have been used. Forward-looking information is based on current expectations, estimates and projections that involve a number of risks and uncertainties which could cause actual results to differ materially from those anticipated by GreenSpace and described in the forward looking information. The forward-looking information contained in this press release is made as of the date hereof and GreenSpace undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, unless required by applicable securities laws. The forward looking information contained in this press release is expressly qualified by this cautionary statement.

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release does not constitute or form a part of any offer or solicitation to buy or sell any securities in the United States or any other jurisdiction.