First Foods Group, Inc. Receives
Highly Recognized OU Kosher Certification for its Line of Southeast
Edible Brand of Products
NEW YORK, NY -- April 1, 2020 -- InvestorsHub NewsWire -- First
Foods Group, Inc. (FIFG)
("First Foods" or the "Company”), a developer and creator of
high-end specialty hemp-based cannabidiol (CBD) edibles, announced
today that it has received the highly recognized OU Kosher
Certification for its Southeast Edible hemp-based line of
products.
First Foods’ hemp-based premium chocolate product line under the
brand name “Southeast Edibles” is produced in the state of Florida
and refines chocolate edible recipes in their state-of-the-art
chocolate production facility using only the highest quality cacao
ingredients. The Southeast Edible brand of products consists
of a variety of Dark, Milk and White chocolate infused CBD
bites.
By expanding into the OU Kosher market, First Foods continues to
execute on its strategic plan and believes to have a first-mover
advantage being one of the only known publicly-traded CBD edibles
company with this certification.
The OU (Orthodox Union) Kosher is the world’s largest and most
widely recognized kosher certification agency, certifying over 1.2
million products produced in more than 9,700 plants located in 104
countries around the world.
Consumers today are concerned about more than just the kosher
status of their food. Over 12 million American consumers choose
Kosher food products for reasons related to health, food safety,
vegetarianism, lactose intolerance, and other dietary
restrictions.
According to a report by Global Opportunity Analysis and
Industry Forecast 2019-2026, the global kosher food industry was
estimated at $19.13 billion in 2018 and is expected to hit $25.62
billion by 2026, registering a CAGR of 3.7% from 2019 to 2026.
Many of the food industry’s most recognized brands, large and
small, choose the OU for their kosher certification. These include:
ADM, Cargill, Coca Cola, Dean Foods, General Mills, H.J. Heinz,
Hershey’s, McCormick & Co., Nestlé, Novartis, Procter &
Gamble, Unilever, to name a few.
Harold Kestenbaum, CEO of First Foods Group, stated, “OU
Kosher is clearly a recognized distinction in the Kosher food
products industry. While attaining this certification for our
products was an arduous process, having this distinction is a clear
market advantage that will enhance the perception of quality while
also increase our products’ marketability to whole new market of
Kosher consumers.”
About First Foods Group, Inc.
First Foods Group, Inc. provides management services and funding
options for emerging supplement brands and menu concepts. First
Foods Group, Inc. is also growing its own new concepts, both
through proprietary development and through mergers, acquisitions,
and licensing arrangements. First Foods Group has assembled a team
of distinguished professionals with experience and success at the
highest levels of the industry.
To learn more about First Foods, please visit our
website: www.firstfoodsgroup.com. We
routinely post information that may be important to investors in
the News Room section of our website.
To learn more about our Southeast Edibles product line, please
visit: https://southeastedibles.com/
Cautionary Statement Regarding Forward-Looking Statements
This press release contains certain forward-looking statements
within the meaning of the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. These statements are
identified by the use of the words "could," "believe,"
"anticipate," "intend," "estimate," "expect," "may," "continue,"
"predict," "potential," "project" and similar expressions that are
intended to identify forward-looking statements. All
forward-looking statements speak only as of the date of this press
release. You should not place undue reliance on these
forward-looking statements. Although we believe that our plans,
objectives, expectations and intentions reflected in or suggested
by the forward-looking statements are reasonable, we can give no
assurance that these plans, objectives, expectations or intentions
will be achieved. Forward-looking statements involve significant
risks and uncertainties (some of which are beyond our control) and
assumptions that could cause actual results to differ materially
from historical experience and present expectations or projections.
Actual results to differ materially from those in the
forward-looking statements and the trading price for our common
stock may fluctuate significantly. Forward-looking statements also
are affected by the risk factors described in the Company's filings
with the U.S. Securities and Exchange Commission. Except as
required by law, we undertake no obligation to update or revise
publicly any forward-looking statements, whether as a result of new
information, future events or otherwise, after the date on which
the statements are made or to reflect the occurrence of
unanticipated events.
Investor and media information,
contact:
First Foods Group,
Inc.
201-471-0988
info@firstfoodgrp.com
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