Profile: Leading Brands Inc (LBIX.OQ)

LBIX.OQ on NASDAQ Stock Exchange Capital Market

4.02USD
15 Apr 2014
Price Change (% chg)

$0.03 (+0.80%)
Prev Close
$3.99
Open
$4.05
Day's High
$4.05
Day's Low
$4.02
Volume
149
Avg. Vol
907
52-wk High
$5.82
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$3.30

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Leading Brands, Inc. (Leading Brands), incorporated on February 4, 1986, is engaged in beverage bottling, distribution, sales, merchandising, brand development, brand licensing and brand management of beverage products. The Company also has integrated bottling and distribution operation with customers across Canada, the western United States, and Asia. Its principal product lines include juices and other premium beverages. During the fiscal year ended February 28, 2013 (fiscal 2013), the Company operated a 50,000 square foot bottling plant in Edmonton, Alberta. The Company bottles juices and new age beverages for a co-pack customer and the Company’s own branded products. The Company’s plant is primarily a hot fill plant designed to allow for extended shelf life of products without the use of preservatives. In a hot fill process, the liquid is heated to a high temperature prior to filling. The bottle is filled and capped while the liquid remains at the high temperature and then the filled bottle is sent through a cooling tunnel. The cooling causes a pressure seal which preserves the product without the need to add any artificial preservatives.

The Company provides beverage packaging (co-pack) services to a branded beverage company. The Company simply co-packs or makes the product at the customers’ request. The Company charges a co-pack fee that equates to the packaging service provided and also bills for any materials not supplied by the customer. The Company’s Edmonton plant is designed and equipped to handle various types of containers on its two lines that can fill containers of glass or polyethylene teraphalate (PET). The Company operates in Canada as a fully integrated healthy beverage bottler and distributor. Its subsidiaries include Leading Brands of Canada, Inc., Blue Beverage Company, Inc., LBI Brands, Inc. and Neurogenesis Inc.

Company Address

Leading Brands Inc

UNIT 101, 33 W. 8TH AVENUE
VANCOUVER   BC   V5Y 1M8
P: +1604.6855200

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