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Published on Monday, 23 December 2013

Crailar backing … but report highlights huge challenges

Written by Brett Mathews

craPORTLAND – In two separate financing deals, Adidas Group and Ikea have provided much welcomed investment backing to Crailar Technologies. The support comes on the back of the Crailar Flax fibre developer’s most recent Quarterly Report for the period ended September 28, 2013 which shows the firm has incurred losses since inception of $44,163,920.


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