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Happy Belly Food Group's Heal Wellness QSR Announces the Grand Opening of Its 55th Location in Richmond Hill, Ontario

Happy Belly remains focused on turning Heal's development pipeline into operating restaurants.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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Happy Belly Food Group (HBFGF) announced its 55th Heal Wellness location will hold its grand opening in Richmond Hill on November 7, 2026.

The restaurant is at 10155 Yonge Street, Ontario. Heal specializes in smoothie bowls, açaí bowls and smoothies. The brand also has 459 units in its development pipeline under signed development agreements, with expansion across Canada and into the United States.

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1 point · 0 major

How this balance works

Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.

It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.

Rhea-AI Sentiment measures something else, the tone of the wording.

0 major · 0 points

Hollow bars mark forward-looking points. How the balance works

Positive

  • Moderate point. Forward-looking: it has not happened yet and may not happen.Heal's development pipeline includes 459 units under signed development agreements for further expansion.

Negative

  • None.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Toronto, Ontario--(Newsfile Corp. - November 6, 2026) - Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ("Happy Belly" or the "Company"), a leader in acquiring and scaling emerging food brands, is pleased to announce the grand opening of its 55th Heal Wellness ("Heal") location on Saturday, November 7th, 2026, at 10155 Yonge Street, Richmond Hill, Ontario. Located along Yonge Street in Richmond Hill, this new location further strengthens Heal's presence in Ontario and the Greater Toronto Area. Heal Wellness is a quick-service restaurant ("QSR") brand specializing in fresh smoothie bowls, açaí bowls, and smoothies.

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Happy Belly 1

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"The grand opening of Heal in Richmond Hill is another step forward in our expansion across Ontario and our disciplined approach to organic growth," said Sean Black, Chief Executive Officer of Happy Belly. "Richmond Hill's established residential neighbourhoods and Yonge Street's mix of local businesses and community activity make it a compelling fit for Heal. We look forward to bringing our fresh smoothie bowls, açaí bowls and smoothies to residents and visitors seeking convenient options that complement a busy and active lifestyle."

Richmond Hill is an established community in York Region, within the Greater Toronto Area. The new location at 10155 Yonge St places Heal along the city's central commercial corridor, surrounded by residential neighbourhoods, shops, restaurants and local services. This setting positions the brand to serve families, local workers, shoppers and visitors seeking fresh, convenient food throughout the day.

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"Ontario remains an important growth market for Heal as we continue to secure strong locations and expand our presence throughout the Greater Toronto Area," added Sean Black. "Richmond Hill reflects our disciplined approach to matching the right franchisees with the right properties in communities where we see a strong fit for the brand and the potential to build lasting customer relationships."

Heal Wellness continues to expand rapidly across Canada and into the United States, strengthening its position as a leading açaí and smoothie bowl brand and a key driver of growth within Happy Belly's broader portfolio of emerging restaurant brands. With 55 locations open and 459 units in its development pipeline under signed development agreements, Heal has a substantial foundation for continued, predictable expansion. We remain focused on translating this development pipeline into operating restaurants and creating long-term value for our shareholders.

"We are just getting started", said 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 across Canada.

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Happy Belly Food Group

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Sean Black
Co-founder, Chief Executive Officer

Shawn Moniz
Co-founder, President

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/322832

FAQ

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When and where is Happy Belly's Richmond Hill Heal Wellness grand opening?

The grand opening is scheduled for November 7, 2026, at 10155 Yonge Street in Richmond Hill, Ontario. It is Heal Wellness's 55th location.

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