Passamaquoddy Wild Blueberry Co.

May 23, 2024 | Client Focus

Passamaquoddy Wild Blueberry Co. Grown and harvested in Maine by the Passamaquoddy Tribe.

 Approach:

Opus was hired to evaluate opportunities for growth for the company and to hedge against the volatility in the wild blueberry industry due to price fluctuation and crop reliability. Opus worked with the management team and Board of Directors to assess various opportunities for new product development and investment in the company’s future. Through in-depth market research, financial modeling, and resource planning, Opus assisted the company in developing a strategy for introducing value-added products to the market. Opus continues to work with the company in an advisory capacity to support financial management and strategic planning efforts.

Key Points of Opus:

  • Wrote & was awarded a large USDA grant to evaluate new products
  • Conducted in-depth market research to assess various growth opportunities
  • Served as interim controller, overseeing audit, bookkeeping, and controllership
  • Engage with the board in strategic planning efforts, capital planning, and support resource allocation
  • Partner with employees and management to drive results

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