TORONTO, June 24, 2021 /CNW/ - Globally Local Technologies Inc. (TSXV: GBLY), founder of one of the world's first vegan fast-food chains and first to go public, today announced it has engaged real estate firm Retail by MONA to identify a location for its Manhattan flagship restaurant. The New York City location will be the first in the U.S. for the five-year-old Canadian company and will be branded as Odd Burger.
Odd Burger is represented by Brandon L. Singer, Michael Cody, and Sara Armet of Retail by MONA.
"The MONA team could not be more excited to help bring Odd Burger to New York City and we know they will have an extremely successful roll-out in Manhattan and beyond," said Brandon L. Singer, CEO and founder of Retail by MONA. "Given the increased consumer interest in plant-based meals, as well as the ongoing disruption of retail real estate, this is the perfect time for Odd Burger to enter the New York City market and make a huge splash."
The upcoming Odd Burger New York will follow the company's blueprint of compact smart kitchens optimized for rapid service, takeout and delivery, affordability, and simplified employee training. Odd Burger smart kitchens feature modern on-demand cooking technology, online ordering, self-checkout kiosks, and cashless transactions.
"New York is the right place to introduce our vegan fast-food concept to the United States and begin our expansion," said Odd Burger CEO James McInnes. "Once an appropriate site is selected and permits issued, we expect our New York Odd Burger to be operational within three months."
"Odd Burger and New York City are both unusual in completely delightful ways," said Michael Cody, director and co-founder of Retail by MONA. "We love Odd Burger's recent rebrand and can't wait for New Yorkers to experience the greatest plant-based fast food on the planet."
Globally Local Technologies operates a manufacturing facility where it creates and distributes a proprietary foodservice line of plant-based proteins and dairy alternatives such as burgers, chickUN fillets, sausage and dairy-free sauces. It has two restaurants in Canada, with plans to open 20 additional locations across North America in the next 12 months.
Editor's note: Earlier this month, Globally Local announced it is changing its name to Odd Burger Corporation. Currently operating locations will be rebranded as Odd Burger, and all locations opening in the future will carry the new name. The company applied for a ticker symbol change with the TSXV and expects to trade under "ODD" on approximately July 5, 2021.
About Globally Local Technologies Inc.
Globally Local is a plant-based food technology company that manufactures and distributes industry-leading plant-based protein and dairy alternatives using locally sourced and sustainable ingredients. The company distributes its products through a proprietary food service line to company-owned and franchised fast-food restaurants. Its locations operate as smart kitchens, which use state-of-the art cooking technology and automation solutions to deliver a delicious food experience to customers craving healthier and more sustainable fast food. With small store footprints optimized for delivery and takeout, advanced cooking technology, competitive pricing, a vertically integrated supply chain along with healthier ingredients, Globally Local is revolutionizing the fast-food industry. Globally Local Technologies is traded on the TSX Venture Exchange under the symbol GBLY. For more information visit https://globallylocal.ca.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this press release.
This news release contains forward-looking statements relating to the future operations of the company and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "plans", "will", "may", "should", "anticipate", "expects" and similar expressions. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the company.
Specifically, this press release contains forward-looking statements. Such forward-looking statements of information are based on a number of assumptions which may prove to be incorrect.
Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements as expressly required by Canadian securities law.
The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements only as expressly required by Canadian securities law.
SOURCE Globally Local Technologies Inc.
Gary Smith, Evolotus PR, 818-783-0569, [email protected]; Avra Epstein, VP Marketing, Globally Local Technologies, 800-286-2145, [email protected]
Share this article