Blue Star Foods Awarded License Renewal For Soft-Shell Crab Operations In South Carolina Extended Through June 2024
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Blue Star Foods Corp. (NASDAQ: BSFC) has been granted a license renewal for its soft-shell crab operations in South Carolina by the South Carolina Department of Natural Resources. The license, which covers Blue Star as a wholesale dealer and dealer-peeler for crab, is valid until June 2024. The company plans to expand its operations over the next year, including its crab hibernation facility, processing, cold storage distribution hub, and footprint for soft-shell crabs.
September 06, 2023 | 12:46 pm
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Blue Star Foods Corp. has received a license renewal for its soft-shell crab operations in South Carolina, valid until June 2024. The company also plans to expand its operations in the next year.
The license renewal ensures the continuity of Blue Star Foods' operations in South Carolina, which is a positive development for the company. The planned expansion of operations indicates the company's growth strategy and could potentially increase its market share and revenues, which is likely to have a positive impact on the stock price.
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