Goodfood warns it may need to curtail operations amid mounting losses
Meal delivery startup Goodfood could be forced to scale back its business after reporting net losses of more than $9 million this fiscal year. The news: In its recent Market Discussion and Analysis (MD&A) report , Goodfood said it may be forced to “curtail” operations if it can’t shore up financing, delay debts, or become revenue positive. The Montreal-headquartered business, which operates a food production site in Alberta, announced that in the past three fiscal quarters, it has incurred net l