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.
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SOURCE Globally Local Technologies Inc.
