GoodWheat products now found in over 3,500 retail outlets
Food Business News
Arcadia Biosciences, Inc. increased distribution of its GoodWheat products despite suffering another loss in the fiscal year ended Dec. 31, 2023.
“On a year-over-year basis, GoodWheat distribution increased nearly 300% from approximately 1,200 stores at the end of 2022 to more than 3,500 stores at the end of 2023,” said Thomas Schafer, chief financial officer, in a March 28 earnings call. “Over the past 12 months, we also introduced two additional GoodWheat categories with our pancake waffle mix launching in August 2023 and mac and cheese in November 2023.”