Local Bounti Announces Expanded Distribution With Sam's Club For Its Leafy Greens Production
Portfolio Pulse from Benzinga Newsdesk
Local Bounti has announced an expanded distribution agreement with Sam's Club for its leafy greens production. This move is expected to increase the availability of Local Bounti's products and potentially boost its revenue.
July 22, 2024 | 12:09 pm
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Local Bounti has secured an expanded distribution deal with Sam's Club, which is likely to increase the availability of its leafy greens and potentially boost revenue.
The expanded distribution agreement with a major retailer like Sam's Club is likely to increase Local Bounti's market reach and sales, positively impacting its revenue and stock price in the short term.
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