- CEO
- Hamid Salimian
- Sector
- Consumer Defensive
- Industry
- Packaged Foods
- Address
- 131 Water Street Burnaby BC Canada V6B 4M3
- IPO Date
- Dec 1, 2021
- Business
- The Good Flour Corp. The Good Flour Corp. (CSE: GFCO, OTC Pink: GFCOF) manufactures and distributes gluten-free, allergen-free baking flours and premixes for retail and food service customers; its core products include all-purpose baking flour, pizza and pasta flour, tempura batter mix, fish and chips batter mix, fried chicken mix, pancake and waffle mix including Patty Cakes potato protein variant, vanilla bean cake mix, pizza shells, and PureMelt Cheeeze vegan cheese alternative characterized by stretch, caramelization, zero cholesterol, no saturated fat, lower sodium, non-GMO composition, and freedom from top 10 allergens. The company, founded in 2012 by gluten-intolerant chefs Jen Peters and Hamid Salimian and headquartered in Vancouver, British Columbia, Canada, supplies premium clients such as Panago Pizza franchises across Ontario with expansion to national gluten-free options, Gordon Food Service for broadline distribution, Sysco, Earls, Fairmont Hotels, Four Seasons Hotels, Virtuous Pie, and retailers including Amazon, Choices Markets, Nesters, IGA, and Whole Foods, primarily targeting North American markets with certified gluten-free (BRCGS), xanthan-free, low net carb, high fiber, low sodium, additive-free, plant-based blends outperforming traditional wheat in nutrition. Recent developments encompass a nationwide rollout of PureMelt Cheeeze at approximately 200 Panago Pizza locations by May 2025, availability through Gordon Food Service for food service procurement, multiple amendments to a non-revolving arm's-length loan facility increasing borrowing capacity to $1,250,000 at 10% interest maturing July 31, 2025 with bonus warrants, and an announced strategic shift announced July 8, 2025 to pivot business to decentralized AI, blockchain operations including proof-of-stake mining and digital currencies, alongside a proposed name change to Intellistake Technologies Corp. with new CSE ticker ISTK, CAD $2 million private placement, debt restructurings, and new management assembly.