VANCOUVER, BC, Sept. 9, 2021 /CNW/ - good natured Products
Inc. (the "Company" or "good natured®")
(TSXV: GDNP), a North American leader in earth-friendly plant-based
products, highlights two additional specialty meal kit
providers that have partnered with good natured®
to increase the use of sustainable packaging in the growing meal
kit industry. Meal kit services tackle the quickly emerging
demand for higher quality convenience eating and is estimated to be
a US $11.6 billion market by 2022*.
Similar to the sustainable goods market, demand for meal kit
services is highest amongst millennials,** who also expect the
companies they do business with to make environmentally conscious
choices where possible. The Company is gaining traction amongst
plant-based meal kit providers that serve customers who are
choosing to eat differently for health reasons and to reduce their
impact on the planet. Offering eco-friendly packaging to this
customer group meets their expectation of using more annually
renewable resources and removing potentially harmful chemicals from
the food packaging industry.
Simple Feast, a California-based meal kit provider serving the
Los Angeles area, has been using
good natured® plant-based packaging for the last
year with positive response from their customers. The values
alignment between Simple Feast and good natured®
to make life easier and better for humans and the planet led to a
natural partnership between the two companies. "The importance of
keeping food fresh needs to be balanced with earth-friendly
packaging options that are also better for human health, and this
is what good natured® packaging provides our
customers," said Paolo Zambrano, VP
Operations (US) at Simple Feast.
North of the border, Canadian-based Vegano, delivers plant-based
meal kits and grocery staples to the greater Vancouver area, Sea-to-Sky and Vancouver
Island using sustainable packaging options from good
natured®. "After a difficult search to find
sustainable packaging, we were delighted to find good
natured® this year. Together, we are answering the
demands of our customer base who are expecting businesses like us
to make environmentally friendly packaging choices." commented
Conor Power, CEO at Vegano.
Paul Antoniadis, CEO of good natured®, added
"These are just two examples of meal kit providers we've partnered
with to extend the focus on plant-based ingredients all the way
through to their choice in packaging. Our team is consistently
reviewing market trends to identify opportunities to work with
like-minded partners who demand a strong focus on their health and
our planet. We're on a mission to detoxify the food industry, and
we couldn't be more pleased to be on this journey with customers
like Simple Feast and Vegano."
The good natured® corporate profile can be
found at: investor.goodnaturedproducts.com
About good natured Products Inc.
good
natured® is passionately pursuing its goal of
becoming North America's leading
earth-friendly product company by offering the broadest assortment
of eco-friendly options made from plants instead of petroleum.
We're all about making it easy and affordable for business owners
and consumers to switch to better everyday products®
made from renewable materials and free from chemicals of
concern.
Part of the sustainable consumer goods market, good
natured® offers over 400 products and services
through wholesale and retail channels, including our own e-commerce
stores. From plant-based home organization products to compostable
food containers, bioplastic industrial supplies and medical
packaging, we're focused on delivering a great customer experience
to make more plant-based products readily accessible to more people
as the path to deliver meaningful environmental and social
impact.
For more information: goodnaturedproducts.com
About Simple Feast
At Simple Feast, we believe that amazing things can happen around
the dinner table. Our plant-based meal kits are rooted in our
commitment to making life easier and better for you, your family,
and the planet we all share.
Simple Feast takes you on a journey toward a future where the
power and flavors of plants are the focus of our meals. Through
inspiring and delightful taste experiences, we can help move
people's eating habits in a more sustainable direction.
For more information: https://simplefeast.com/
About Vegano
Vegano Foods Inc. is Canada's premier 100% plant-based meal-kit
service company that operates in Vancouver and is set to expand to Toronto, Montreal, and L.A. later this year. Founded in
March of 2020, Vegano helps make healthy plant-based eating more
accessible to Canadians, allowing them to take veganism beyond
Meatless Mondays and Veganuary. Vegano uses high-quality
ingredients sourced from local farmers and producers to ensure that
its meal-kits are delivered fresh to their members every week. With
many chef-created recipes, Vegano's meals can be prepared in under
30 minutes, allowing people to spend less time on meal prep and
more time on things they love.
For more information: https://veganofoods.com/
On behalf of the Company:
Paul Antoniadis – Executive Chair & CEO
Contact: 1-604-566-8466
Investor Contact:
Spencer Churchill
Investor Relations
1-877-286-0617 ext. 113
invest@goodnaturedproducts.com
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibilities for the adequacy or
accuracy of this release.
Cautionary Statement Regarding Forward-Looking
Information
Information regarding preliminary revenue and gross margin
results contained in this press release may constitute
forward-looking information within the meaning of securities laws.
By their nature, forward-looking statements involve known and
unknown risks, uncertainties and other factors which may cause our
actual results, performance or achievements, or other future
events, to be materially different from any future results,
performance or achievements expressed or implied by such
forward-looking statement.
The financial outlook provided in this press release is
provided to provide early guidance on the second quarter financial
performance of the Company and readers are cautioned that this
information may not be appropriate for any other purpose. In
preparing the financial outlook, the Company completed an initial
review of operations for the quarter ended June 30, 2021, however actual results may differ
materially from the financial outlook provided in this press
release as the financial outlook has not been audited or reviewed.
When relying on the Company's forward-looking statements and
information to make decisions, investors and others should
carefully consider the foregoing factors and other uncertainties
and potential events. The Company has assumed that the material
factors referred to herein will not cause such forward-looking
statements and information to differ materially from actual results
or events. However, there can be no assurance that such assumptions
will reflect the actual outcome of such items or factors.
Other than as required under securities laws, we do not
undertake to update this information at any particular
time.
Forward-looking information contained in this news release is
based on our current estimates, expectations, and projections,
which we believe are reasonable as of the current date. The reader
should not place undue importance on forward-looking information
and should not rely upon this information as of any other
date. All forward-looking information contained in this news
release is expressly qualified in its entirety by this cautionary
statement.
SOURCE: *Statista
2021
SOURCE:
**https://linchpinseo.com/trends-shaping-the-meal-kit-industry/
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SOURCE Good Natured Products