Israeli Company Wants to Disrupt the Baby Formula Market With a Vegan Alternative | Algemeiner.com
CTech – Tel Aviv-based baby food company Else Nutrition Holdings has ridden the vegan trend all the way to the Toronto Exchange. The company, which develops an almond and buckwheat-based formula designed to serve as an alternative to the familiar cow milk and soy-based formulas, listed on the TSX Venture Exchange in June according to a valuation of 17 million Canadian dollars. On Wednesday, it was trading according to a market capitalization of 21.4 million Canadian dollars.
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