Happy Belly Food Group's Heal Wellness Announces the Signing of a Franchise Agreement and Secured Real-Estate Location in Montreal's Griffintown
Rhea-AI Summary
Happy Belly Food Group (OTCQB: HBFGF) announced Heal Wellness signed a franchise agreement and secured a real-estate location in Montreal's Griffintown on March 9, 2026. This is Heal's third signed Quebec franchise and expands a QSR brand focused on smoothie and açaí bowls.
The Griffintown unit will be run by an existing Happy Belly franchise partner, adding a multi-brand, multi-unit operator to the portfolio. Heal has 33 locations open, 175 in development, and contributes to Happy Belly's 666 contractually committed franchise locations across its brands.
Positive
- Heal signed its third Quebec franchise agreement, expanding local footprint
- Heal secured a Griffintown real-estate location in Montreal
- Existing franchisee becomes a multi-brand, multi-unit operator, validating the platform
- Heal has 33 locations open and 175 in development
- Portfolio scale: 666 contractually committed franchise locations across Happy Belly brands
Negative
- None.
News Market Reaction – HBFGF
On the day this news was published, HBFGF declined 3.23%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Toronto, Ontario--(Newsfile Corp. - March 9, 2026) - Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ("Happy Belly" or the "Company"), a leading consolidator of emerging restaurant brands, is pleased to announce that its Heal Wellness brand ("Heal") has signed a franchise agreement and secured a real-estate location for the city of Griffintown, Montreal, Quebec. This signing marks Heal Wellness' third signed franchise agreement in Quebec, continuing the brand's measured expansion across one of Canada's most dynamic urban markets. Heal Wellness is a fast-growing quick-service restaurant ("QSR") brand specializing in fresh smoothie bowls, açaí bowls, and smoothies, built around clean ingredients and a better-for-you lifestyle.
Happy Belly 1
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The Griffintown location will be operated by an existing Happy Belly franchise partner who currently operates a Rosie's Burgers location in Montreal. With this addition, the franchisee becomes both a multi-branded operator within the Happy Belly portfolio and a multi-unit operator, further demonstrating the strength of the Company's platform and the confidence its partners have in expanding alongside its brands.
"Securing a Heal location in Griffintown is another meaningful step forward in our Quebec expansion strategy," said Sean Black, Chief Executive Officer of Happy Belly Food Group. "This announcement is especially significant because it reflects the continued confidence of an existing franchise partner who is already operating one of our other brands in Montreal. To see a franchisee expand with us across multiple brands and multiple units is a strong validation of our operating model, the quality of our brand portfolio, and the long-term opportunity we are building at Happy Belly."
Griffintown is one of Montreal's fastest growing and most desirable neighborhoods, known for its dense residential base, strong daytime traffic, mixed-use development, and health-conscious consumer demographic. The area's walkability, urban energy, and concentration of professionals and young families make it a highly attractive market for Heal's fresh, wellness-focused menu of smoothie bowls, acai bowls, and smoothies.
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"Heal Wellness continues to expand rapidly across Canada and into the United States, solidifying its position as a leading acai and smoothie bowl brand," said Sean Black. "With 33 locations now open and more than 175 in development, Heal remains a key driver of growth within Happy Belly's broader portfolio of 666 contractually committed retail franchise locations across multiple emerging brands in various stages of development, construction, and operation. We continue to build a predictable and disciplined growth engine designed to create long-term shareholder value."
"We are just getting started," added Sean Black.
About Heal Wellness
Heal Wellness was founded with a passion and mission to provide quick, fresh wellness foods that support a busy and active lifestyle. We currently offer a diverse range of smoothie bowls and smoothies. We take pride in meticulously selecting every superfood ingredient on our menu to fuel the body, including acai smoothie bowls, smoothies, and super-seed grain bowls. Our smoothie bowls are crafted with real fruit and enriched with superfoods like acai, pitaya, goji berries, chia seeds, and more.
Franchising
For franchising inquiries please see www.happybellyfg.com/franchise-with-us/ or contact us at hello@happybellyfg.com.
About Happy Belly Food Group
Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ("Happy Belly" or the "Company") is a leader in acquiring and scaling emerging food brands. The Company's portfolio includes Heal Wellness, Rosie's Burgers, Yolks Breakfast, Via Cibo Italian Street Food, and others.
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Sean Black
Co-founder, Chief Executive Officer
Shawn Moniz
Co-founder, Chief Operating Officer
FOR FURTHER INFORMATION, PLEASE VISIT:
www: www.happybellyfg.com or email hello@happybellyfg.com
If you wish to contact us please call: 1-877-589-8805
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this press release, which has been prepared by management.
Cautionary Note Regarding Forward-Looking Statements
All statements in this press release, other than statements of historical fact, are "forward-looking information" with respect to the Company within the meaning of applicable securities laws. Forward-Looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur and include the future performance of Happy Belly and her subsidiaries. Forward-Looking statements are based on the opinions and estimates 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 anticipated in the forward-looking statements. There are uncertainties inherent in forward-looking information, including factors beyond the Company's control. There are no assurances that the business plans for Happy Belly described in this news release will come into effect on the terms or time frame described herein. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company's Management's Discussion and Analysis and other disclosure filings with Canadian securities regulators, which are posted on www.sedarplus.ca.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/287742