Teonan Biomedical Inc., a licensed subsidiary of The Good Shroom Co Inc.MUSH is launching Teonan instant wellness beverages, in all 71 Fresh Thyme Market locations this October.
Fresh Thyme Market is a leading natural grocery retailer in the Midwest and is one of many key targets for Teonan due to its customer base which is health conscious and generally purchase clean label products. The company’s US sales and marketing team are working alongside Fresh Thyme Market to assure proper shelf positioning and visibility of all the Teonan products.
With the addition of Fresh Thyme Market, Teonan is now selling in approximately 200 grocery retail locations.
MUSH CEO Eric Ronsse stated "To succeed in the beverage industry it takes large scale distribution and a sales team with contacts and experience in the product review process of key accounts. As more larger grocers begin to take on our line of products it becomes more enticing to their competitors to also agree to list it. In other words, the larger we become the faster we grow. This is why we are pleased to announce our launch in Fresh Thyme Market.”
Change To The Board Of Directors
Stephanus Rossouw has resigned as a member of The Good Shroom’s board of directors in order to pursue other opportunities.
On behalf of the board of directors Ronsse stated "We'd like to thank Stephanus for his dedication and service to the company during its difficult start-up phase and into its next chapter. We wish him good health and success in his future endeavors."
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