{"id":476725,"date":"2021-04-15T07:38:13","date_gmt":"2021-04-15T11:38:13","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/globally-local-to-begin-trading-on-tsxv-worlds-first-vegan-fast-food-company-to-go-public\/"},"modified":"2021-04-15T07:38:13","modified_gmt":"2021-04-15T11:38:13","slug":"globally-local-to-begin-trading-on-tsxv-worlds-first-vegan-fast-food-company-to-go-public","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/globally-local-to-begin-trading-on-tsxv-worlds-first-vegan-fast-food-company-to-go-public\/","title":{"rendered":"Globally Local to Begin Trading on TSXV; World’s First Vegan Fast-Food Company to Go Public"},"content":{"rendered":"
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PR Newswire<\/p>\n<\/p><\/div>\n

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\n TORONTO<\/span>, April 15, 2021<\/span> \/PRNewswire\/ –\u00a0April 15, 2021 \u2013 Globally Local Technologies Inc. (“the company”), the parent company of Globally Local<\/a>, one of the world’s first vegan fast-food chains, announced it will begin publicly trading on the TSX Venture Exchange under the symbol GBLY tomorrow, April 16, 2021<\/span>. <\/p>\n

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\u200eGlobally Local is a technology company that creates, manufactures and distributes a food service product line of proprietary plant-based proteins and dairy alternatives to corporate-owned and franchised \u200erestaurant locations. As vegan fast-food concept pioneers, founders James and Vasiliki McInnes<\/span> opened the first location in 2016 in London, Ontario<\/span>, with a goal of being superior to animal-based fast food in taste, nutrition, and affordability. The company scaled quickly by opening a food manufacturing facility in 2018, allowing it to control the key links in its supply chain, keep menu prices competitive with conventional fast food, as well as engage customers to validate product development. <\/p>\n

Globally Local restaurant locations operate as compact smart kitchens, which facilitate primarily takeout and delivery business. Their advanced restaurant design uses the most modern on-demand cooking technology for a consistent food experience, quick service, low costs and simplified employee training.\u200e With online ordering, self-checkout kiosks, cashless transactions, and an ideal setup for its delivery app \u200epartners, Globally Local is thriving during a global pandemic that has challenged many other businesses. <\/p>\n

“Our team has spent five years developing an advanced fast-food restaurant concept and vertically integrated supply chain which, combined together, will revolutionize the fast-food industry,” said James McInnes<\/span>, co-founder, CEO and one of the lead scientists at the company. “Our smart kitchens will soon be deploying proprietary automation technology that will not only enhance our efficiency but will also make us more affordable than traditional fast food, ultimately allowing us to create change through a better economic model.”<\/p>\n

The company currently has one corporate location and one franchise location with six more corporate locations under development in Ontario, Canada<\/span>. The company plans to open at least 20 locations across North America<\/span> in the next twelve months.\u00a0\u00a0<\/p>\n