VANCOUVER, BC, March 9, 2022 /CNW/ - good natured Products Inc.
(the "Company" or "good natured®") (TSXV: GDNP),
a North American leader in plant-based products, is pleased to
announce it has filed for patent protection of its novel tamper
evident design, GoodGuard™, optimized for compostable and biobased
materials and only available from good
natured®.
This unique US patent pending packaging innovation comes at a
time when food safety and chain-of-custody security is at an
all-time high and expected to grow in importance given the
proliferation of grocery and restaurant delivery and take-out
industries, like Uber Eats, Instacart and Door Dash. California passed a bill in 2020, requiring
restaurants to use tamper evident packaging when using third-party
food delivery services.[1] The Company anticipates more
states to follow and will be poised to offer this earth-friendly
solution when the market needs it the most.
GoodGuard™ dual-sided tamper evident containers will be
available in both commercially compostable PLA and curbside
recyclable Bio-PET, both of which make use of renewable,
plant-based materials to deliver an industry leading and exclusive
assortment of tamper evident food packaging in the US and
Canada.
These multi-purpose tamper evident containers will be available
in 6 versatile sizes including 8, 12, 16, 24, 32 and 48oz and have
all the features that good natured® is known for
including durable plant-based materials, leak resistance,
stackability and enhanced product visibility. In addition, this US
patent pending design includes an intuitive feature with no
tear-away strips or small pieces that can escape waste/recycling
streams to accumulate in land and marine environments.
"I am particularly proud of our R&D and Engineering team at
good natured® and their passion to create
real-world solutions that meet the needs of both the environment
and our customers," stated Paul Antoniadis, CEO of good
natured®. "By developing a wide assortment of high
frequency products and packaging, we're able to drive out the
adoption of renewable, plant-based materials more quickly than if
we focused on a single niche. Ultimately, it's less risky for our
business model and more beneficial for the environment."
"With the acquisitions of Shepherd Thermoforming, IPF and
Ex-Tech Plastics, our growing technical team now includes in-house
expertise in plant-based materials, tooling technology and emerging
processing capabilities," stated Michel
Labonte, CTO at good natured®. "Our
technical team loves a good challenge and developed an innovative
new packaging design and processing technique that takes into
account the technical specifications of PLA to deliver a strong,
safe packaging solution that's made from plants, not
petroleum."
For more information visit:
https://goodnaturedproducts.com/collections/tamper-evident-food-packaging
The good natured® corporate profile can be
found at: investor.goodnaturedproducts.com
[1] –
https://leginfo.legislature.ca.gov/faces/billTextClient.xhtml?bill_id=201920200AB3336
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
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
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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 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.
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
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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
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SOURCE Good Natured Products