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Blue Star Foods Signs Vendor Agreement with LowTide LLC, under Wicked Tuna Seafood & Toby Keith’s Premium brands

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Blue Star Foods Corp (NASDAQ: BSFC) has signed a Vendor Agreement with LowTide for the development and nationwide distribution of two brand lines: Wicked Tuna Seafood and Toby Keith's Premium. The partnership combines Blue Star's seafood expertise with LowTide's culinary capabilities to deliver premium, sustainably sourced products. Blue Star will procure domestic seafood products and collaborate with LowTide to develop meal solutions under these brands. The Wicked Tuna brand, inspired by the TV series, focuses on authentic seafood experiences, while Toby Keith's Premium line promises 100% USA-sourced food products.

Blue Star Foods Corp (NASDAQ: BSFC) ha firmato un Accordo per Fornitori con LowTide per lo sviluppo e la distribuzione nazionale di due linee di marchi: Wicked Tuna Seafood e Toby Keith's Premium. Questa collaborazione unisce l'esperienza nel settore ittico di Blue Star con le capacità culinarie di LowTide per offrire prodotti premium, provenienti in modo sostenibile. Blue Star approvvigionerà prodotti ittici nazionali e collaborerà con LowTide per sviluppare soluzioni alimentari sotto questi marchi. Il marchio Wicked Tuna, ispirato alla serie TV, si concentra su esperienze autentiche del mare, mentre la linea Toby Keith's Premium promette prodotti alimentari al 100% di origine statunitense.

Blue Star Foods Corp (NASDAQ: BSFC) ha firmado un Acuerdo de Proveedor con LowTide para el desarrollo y la distribución a nivel nacional de dos líneas de marca: Wicked Tuna Seafood y Toby Keith's Premium. Esta asociación combina la experiencia en mariscos de Blue Star con las capacidades culinarias de LowTide para ofrecer productos premium, obtenidos de manera sostenible. Blue Star se encargará de aprovisionar productos de mariscos nacionales y colaborará con LowTide para desarrollar soluciones de comidas bajo estas marcas. La marca Wicked Tuna, inspirada en la serie de televisión, se centra en experiencias auténticas de mariscos, mientras que la línea Toby Keith's Premium promete productos alimenticios 100% de origen estadounidense.

Blue Star Foods Corp (NASDAQ: BSFC)가 LowTide와 함께 두 개의 브랜드 라인인 Wicked Tuna SeafoodToby Keith's Premium의 개발 및 전국 배급을 위한 공급업체 계약을 체결했습니다. 이 파트너십은 Blue Star의 해산물 전문성과 LowTide의 요리 능력을 결합하여 프리미엄의 지속 가능한 제품을 제공합니다. Blue Star는 국내 해산물 제품을 조달하고 이러한 브랜드에 따라 식사 솔루션을 개발하기 위해 LowTide와 협력할 것입니다. TV 시리즈에서 영감을 받은 Wicked Tuna 브랜드는 진정한 해산물 경험에 중점을 두고 있으며, Toby Keith's Premium 라인은 100% 미국산 식품을 약속합니다.

Blue Star Foods Corp (NASDAQ: BSFC) a signé un Accord de Fournisseur avec LowTide pour le développement et la distribution nationale de deux lignes de marque : Wicked Tuna Seafood et Toby Keith's Premium. Ce partenariat allie l'expertise en fruits de mer de Blue Star à la capacité culinaire de LowTide pour offrir des produits premium, issus de sources durables. Blue Star se chargera de l'approvisionnement en produits de fruits de mer nationaux et collaborera avec LowTide pour développer des solutions de repas sous ces marques. La marque Wicked Tuna, inspirée d'une série télévisée, se concentre sur des expériences authentiques de fruits de mer, tandis que la ligne Toby Keith's Premium promet des produits alimentaires 100 % d'origine américaine.

Blue Star Foods Corp (NASDAQ: BSFC) hat einen Lieferantenvertrag mit LowTide zur Entwicklung und landesweiten Verteilung von zwei Markenlinien unterzeichnet: Wicked Tuna Seafood und Toby Keith's Premium. Diese Partnerschaft kombiniert das Fachwissen von Blue Star im Bereich Meeresfrüchte mit den kulinarischen Fähigkeiten von LowTide, um Premium-Produkte aus nachhaltiger Quelle anzubieten. Blue Star wird nationale Meeresfrüchte beschaffen und mit LowTide zusammenarbeiten, um Mahlzeitenlösungen unter diesen Marken zu entwickeln. Die Marke Wicked Tuna, inspiriert von der TV-Serie, legt den Fokus auf authentische Meeresfrüchte-Erlebnisse, während die Toby Keith's Premium-Linie Produkte zu 100 % aus den USA verspricht.

Positive
  • Strategic expansion into new retail, food service, and hospitality sectors
  • Partnership with established brands (Wicked Tuna and Toby Keith's) potentially increasing market reach
  • Diversification of product portfolio through new premium product lines
Negative
  • None.

Insights

This vendor agreement with LowTide represents a significant strategic expansion for Blue Star Foods, leveraging two powerful brand names in Wicked Tuna Seafood and Toby Keith's Premium. The partnership could substantially boost BSFC's market presence through established brand recognition, particularly given Wicked Tuna's TV show connection and Toby Keith's country music fanbase.

The focus on domestic premium seafood aligns with growing consumer demand for locally-sourced products. However, investors should note that while this partnership offers growth potential, the actual revenue impact remains uncertain without specific financial projections or distribution targets. The micro-cap nature of BSFC ($675,582 market cap) suggests careful consideration of execution risks and capital requirements for this expansion.


Expected to Expand Footprint in Retail, Food Service and Hospitality Sectors

Miami, FL, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC), an integrated Environmental, Social, and Governance (ESG) sustainable seafood company including Recirculatory Aquaculture Systems (RAS), is proud to announce that they have signed a Vendor Agreement with LowTide, LLC. This collaboration marks an exciting milestone as Blue Star Foods Corp expands its portfolio with the development and nationwide distribution of two prominent brand lines: Wicked Tuna Seafood and Toby Keith’s Premium..

The partnership harnesses Blue Star Foods’ vast experience in seafood production and distribution, along with LowTide LLC. expertise in crafting unique culinary experiences. Together, both companies aim to deliver exceptional gourmet products that cater to evolving consumer preferences and the increasing demand for high-quality, sustainably sourced products.

Through this agreement, Blue Star Foods Corp will procure domestic premium seafood products and collaborate with LowTide LLCto craft and develop meal solutions that reflect the quality and authenticity of the Wicked Tuna Seafood and Toby Keith’s Premium brands. This initiative allows for the enhancement and diversification of Blue Star Foods' sales, ensuring concrete steps toward fulfilling consumer expectations and setting new industry benchmarks.

"We are thrilled to join forces with LowTide LLC, which shares our commitment to sustainability, quality, and innovation," stated John Keeler, CEO of Blue Star Foods Corp. "By uniting our strengths, we are poised to create outstanding gourmet offerings that exemplify the best in seafood and culinary excellence, while also broadening our reach across national markets."

The Wicked Tuna Seafood brand is widely recognized for its unparalleled commitment to authenticity and quality. Inspired by the popular television series, Wicked Tuna, the product line guarantees an adventurous and delicious culinary experience. Meanwhile, the Toby Keith’s Premium products reflect the legendary country music star’s passion for great flavors and casual dining, promising to deliver 100% USA -sourced food products to every home.

"We are excited to be working closely with Blue Star Foods to create a unique, high-quality meal portfolio that resonates with today’s consumers," said Winston Tucker, managing member of LowTide, LLC. "Both Wicked Tuna Seafood and Toby Keith’s Premium embody rich heritage and flavor innovation that we are eager to translate into must-have products found at American household tables and entertaining occasions across the country."

This strategic collaboration will facilitate further growth and innovation within Blue Star Foods’ business operations, strengthening its position within the seafood and gourmet meal market segments.

About Blue Star Foods Corp. (NASDAQ: BSFC)
Blue Star Foods Corp. an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS) that processes, packages and sells high-value seafood products. The Company believes it utilizes best-in-class technology, in both resource sustainability management and traceability, and ecological packaging. The Company also owns and operates the oldest continuously operating Recirculating Aquaculture System (RAS) full grow-out salmon farm in North America. The company is based in Miami, Florida, and its corporate website is: https://bluestarfoods.com

About Lowtide, LLC.
Low Tide is a strategic acquirer in the Outdoor Products and Consumer Food & Beverage industries. With multiple disruptive, and high-growth brands, including Favorite Fishing,, Steve Harvey’s Reel & Catch, Toby Keith’s Premium , Wicked Tuna Seafood, Wicked Tuna Apparel and FWRD Nutrition. Its corporate website is www.lowtideinc.com

Investor Contacts:
investors@bluestarfoods.com


FAQ

What brands will Blue Star Foods (BSFC) distribute under the LowTide agreement?

Blue Star Foods will distribute Wicked Tuna Seafood and Toby Keith's Premium brands under the agreement with LowTide

What is Blue Star Foods' (BSFC) role in the LowTide partnership?

Blue Star Foods will procure domestic premium seafood products and collaborate with LowTide to develop meal solutions for the Wicked Tuna Seafood and Toby Keith's Premium brands.

What markets will Blue Star Foods (BSFC) expand into with the LowTide agreement?

The agreement will expand Blue Star Foods' footprint in retail, food service, and hospitality sectors nationwide.

Blue Star Foods Corp.

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