20:51:29 EDT Tue 05 May 2026
Enter Symbol
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Boosh Plant-Based Brands Inc
Symbol VEGI
Shares Issued 114,247,205
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Boosh hires Lancaster & David for preaudit work

2026-05-05 17:13 ET - News Release

Subject: Press Release/News Attached for Distribution on Stockwatch.com Word Document

File: '\\swfile\EmailIn\20260505 134401 Attachment May 5th New Release.docx'

BOOSH PLANT-BASED BRANDS PROVIDES CORPORATE UPDATE ON REGULATORY COMPLIANCE AND U.S. REVENUE MILESTONES

Vancouver, British Columbia - May 5, 2026 - Boosh Plant-Based Brands Inc. (CSE: VEGI) ("Boosh" or the "Company"), a premier plant-based brand in the "better-for-you" food sector, is pleased to provide the following corporate update regarding its path to regulatory compliance and recent commercial developments in the United States.

Regulatory Update and Financial Filings

The Company is working actively to revoke the Cease Trade Order (CTO) issued following the late filing of its 2023 financial statements. To expedite this process, Boosh has engaged the accounting firm Lancaster & David to perform comprehensive pre-audit financial work.

Management intends to file outstanding financial statements for the fiscal years 2024, 2025, and 2026 concurrently. In addition to these filings, the Company is diligently negotiating debt settlements and completing all necessary corporate governance requirements. The primary objective of the Board and Management remains the restoration of share trading on the Canadian Securities Exchange (CSE) as soon as regulatory requirements are met.

U.S. Expansion and Revenue Milestones

The Company's U.S. licensee, Tahoe Nutrition LLC, has officially commenced sales of "Boosh Better for You" snacks through a Summer program integrated into the U.S. National School's Healthy Food Initiative providing schools and community organizations with nutritious and ready-to-eat nonperishable meals.

The full lineup of Boosh Snacks include: Roasted Corn Nuggets in BBQ, Cajun and Ranch, Roasted Sunflower Kernels in Salted or Honey, Roasted Chickpeas in Salted or Ranch, Pita Chips in Salted or Cheesy Pizza, Soft bite Cookies in Apple Cinnamon, Cranberry Vanilla and Raspberry Lemon, Vanilla Cinnamon Granola and Honey Cran Trail Mix.

The program, which runs from April 1 to August 31, has so far processed $2.18 million (USD) in orders to date. Under the terms of the licensing agreement, Boosh receives a 5% royalty based on the Cost of Goods (COGS).

Boosh CEO Connie Marples states, "Our focus is twofold: restoring our standing with provincial regulators while also capitalizing on the significant volume offered by the U.S. institutional food sector. The initial traction of our snack line within the U.S. school system validates our brand's appeal in the 'better-for-you' category. We are optimistic about this next chapter in our trajectory."

The Company will provide further updates as it achieves key milestones regarding its financial audits and the revocation of the CTO.

On behalf of the Board of Directors

Connie Marples

President/CEO

hello@booshfood.com

About Boosh Plant-Based Brands Inc.

Boosh Plant-Based Brands Inc., through its wholly owned subsidiary Boosh Food, started its journey by offering high-quality, non-GMO, and gluten-free nutritional comfort foods. Today, the Company has evolved into a specialist in the "better-for-you" snacking sector.

Through its separate subsidiary, Beautiful Beanfields, the Company owns Beanfields, a premier snack brand known for delivering a nutritious, allergen-friendly crunch. Previously sold in over 7,000 stores across North America, Beanfields remains a cornerstone of the Company's strategy. Boosh is now focused on leading the shift toward healthier lifestyle choices by expanding its innovative "better-for-you" snack lines for health-conscious families.

Forward-Looking Statements

This news release contains certain "forward-looking statements" within the meaning of such statements under applicable securities law. Forward-looking statements are frequently characterized by words such as "anticipate", "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed", "positioned" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements include, but are not limited to, the Company's ability to file its 2024, 2025, and 2026 financial statements, the successful revocation of the Cease Trade Order, the negotiation of debt, and the projected royalty revenues from the U.S. Summer School program. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this news release. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. There is no assurance that the Company will be successful in filing its financial statements or that the CSE will allow the resumption of trading. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

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