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VANCOUVER, BC / ACCESSWIRE / April 30, 2021 / Naturally Splendid Enterprises Ltd. (“Naturally Splendid”, “NSE” or “the Company”) (FRANKFURT: 50N) (TSXV: NSP) (OTC: NSPDF) is pleased to announce the appointment of CANEX Foods, based in Canada, as the primary distributor for NATERA Plant Based Foods in Canada.
Naturally Splendid previously announced CANEX Foods as the distributor of Natera Plant Based Foods. By appointing CANEX Foods as its main distributor, Naturally Splendid benefits in a number of ways, resulting in an overall reduction in operating costs while increasing service and margins. Benefits include increased warehouse capacity, daily scheduled delivery services, inventory management, and collaboration with a wide range of vendors through existing CANEX relationships, including Sysco, Gordon Food Service, meat and seafood from Intercity Packers, Georgia Main, and many others.
Operating since 1985, CANEX Foods sells a selection of products to wholesale, retail, foodservice and c-store customers across Canada from coast to coast. CANEX Foods products reach hundreds of customers and locations every day. Retail customers include almost all major retailers across Canada, including Save On Foods, Choices, Sobey’s, Loblaws, as well as many independent chains and local butchers.
CANEX Foods has placed an initial order of fourteen pallets of NATERA Plant Based Foods to begin serving its customers.
Sean Lewis, GM of CANEX Foods, comments, “Historically, our company has focused solely on meat proteins to serve all segments of the grocery business. As dietary habits and trends change over time, we have expanded our product offering Adapted to consumer needs Requirements for added value and plant-based proteins We are excited and pleased to expand this relationship with Naturally Splendid and offer NATERA Plant Based Foods to meet not only our customers’ needs but those too To offer the highest quality, tastiest foods available in the market. “
The growing demand for plant-based products is less due to a widespread shift towards vegetarianism, with less than 10 percent of Canadians being vegetarians or vegans. Rather, it is the result of an increasing number of consumers who are referred to as flexitarians who want to eat less meat but are unwilling to give it up altogether. Reports have shown that 90 percent of consumers who have tried plant-based meat in the past 12 months fit this description. NATERA Plant Based Foods creates delicious plant-based products that appeal to this rapidly growing consumer category.
Mr. J. Craig Goodwin, CEO of Naturally Splendid, states: “The expansion of our collaboration with CANEX Foods benefits Naturally Splendid on many levels, including increased logistical efficiency, cost savings and the use of relationships that CANEX has over the past 35 years of business In particular, CANEX’s forward-looking strategy of expanding its product lines to address the flexible market is a perfect match for Naturally Splendid’s strategy, and we look forward to building on this relationship. “
About Naturally Splendid Enterprises Ltd.
Founded in 2010, NSE operates a Safe Quality Food Level 2 certified food manufacturing facility outside of Vancouver, BC, Canada. The company has established numerous healthy, functional foods under recognized brands such as Natera Sport “, Natera Hemp Foods, CHII, Elevate Me” and Woods Wild Bar “and most recently Natera Plant Based Foods, a range of delicious plant-based meat alternatives, for the rapidly growing plant-based market segment .
The company has a large number of new products and line extensions under development that are about to be launched on the market. NSE, through its Plasm Pharmaceutical joint venture, has been approved to conduct a Health Canada-approved Phase 2 clinical trial for the treatment of COVID-19.
NSE has also developed proprietary technologies to extract high-demand, healthy omega-3 and 6 oils from hemp.
NSE contract manufacturer for healthy, functional foods and ingredients with an emphasis on plant-based ingredients. The company provides contract manufacturing services to many healthy food companies and labels a wide variety of foods for the global healthy food market.
For more information, email email@example.com or call Investor Relations at 604-465-0548 ext. 105
On behalf of the Board of Directors
Mr. J. Craig Goodwin
Splendid Enterprises Ltd., of course.
(NSP – TSX Venture; NSPDF – OTCQB; 50N – Frankfurt)
# 108-19100 Airport Way
Pitt Meadows, BC, V3Y 0E2
Office: (604) 465-0548
Fax: (604) 465-1128
The information contained in this press release contains forward-looking statements based on beliefs as of the date of this press release. These statements reflect management’s current estimates, beliefs, intentions and expectations. They are not a guarantee of future performance. Naturally Splendid cautions that all forward-looking statements are inherently uncertain and that actual performance could be influenced by a number of material factors, many of which are beyond Naturally Splendid’s control, including Naturally Splendid’s ability to deal with large foodstuffs and beverage companies to compete. Selling potential developed products will be profitable. Sales of hulled hemp seeds will continue or increase at existing rates. the ability to complete the sale of all orders for cannabis seeds in bulk; and the risk that any of the potential applications may not receive all of the required regulatory or legal approvals. Accordingly, actual and future events, conditions and results could differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Naturally Splendid undertakes no obligation to publicly update or revise any forward-looking information except as required by applicable securities laws.
Neither the TSX VENTURE EXCHANGE nor its regulatory services provider (as that term is defined in the policies of the TSX VENTURE EXCHANGE) accepts responsibility for the adequacy or accuracy of this publication.
SOURCE: Splendid Enterprises Ltd., of course.
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