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Quinoa Baby Mush Puts Canadian Company in Takeover Spotlight

  • GreenSpace’s sales tripled in a year as consumers go organic
  • Shares have surged 57% over the past year as offerings expand
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Source: Love Child Organics/Facebook
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Quinoa-laced baby mush and probiotics-laden lamb-and-rice dog chow have fueled this Canadian company onto the shelves of retailers from Wal-Mart Stores Inc. to Starbucks Corp. and is sending its shares higher.

GreenSpace Brands Inc.’s stock has risen 57 percent in the past year, compared with a 6.3 percent gain in Canada’s benchmark index, as it acquires a stable of natural food and drink brands and wins deals for space in superstores, gas stations and cafes across the country. The Toronto-based company’s sales more than tripled in a year as retailers scramble to meet consumers’ demand for healthier offerings.