[1] The pair sold lobster out of a truck, and gradually expanded the business from there, reaching global revenues of Can$500 million in 2015.

[3][4] Clearwater Seafoods is a vertically integrated producer, meaning it is involved in all stages of the process from harvest to distribution.

[3] The company fishes and processes products that include sea cucumber, crab, lobster, scallops, and clam, distributed in 59 countries.

[2] In November 2020, it was announced that Clearwater Seafoods was acquired as a joint venture partnership between Premium Brands Holdings Corporation and a group of Mi’kmaq First Nations (under the name FNC Holdings Limited Partnership) for Can$1 billion.

[5] Membertou First Nation Chief Terry Paul referred to the deal as a "generational acquisition" which "will have lasting positive impacts on the economics of our Mi'kmaq communities".