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Better Butchers Secures Shell Agreement With Health Logic to Access Canadian Public Markets
Vegconomist • May 19, 2026
Vancouver-based plant-based meat company, The Better Butchers, has signed a letter of intent to go public on the Canadian Securities Exchange through a reverse takeover of Health Logic Interactive Inc., with a definitive agreement targeted by October 31, 2026. To fund the transaction, The Better Butchers will complete a seed financing of CA$750,000 at CA$0.10 per share, followed by a concurrent financing round targeting between CA$2 million and CA$3 million at CA$0.15 per share. The company sells plant-based meat alternatives under the Forager’s Finest brand and plans to expand its distribution into the United States and Europe following the public listing.
The company was co-founded by Mitchell Scott, who previously co-founded The Very Good Food Company. The Better Butchers was originally aimed at opening Canada's first cultivated meat butchery, but pivoted in 2024 to focus on plant-based products under the Forager’s Finest brand. The agreement with Health Logic comes after a failed acquisition attempt by a separate CSE-listed entity, providing a new route to the public markets for The Better Butchers as it continues to grow its market presence in the plant-based meat industry.
*This summary was generated using AI.
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