(TheNewswire)
Vancouver, British Columbia -TheNewswire - November 30, 2020 - Naturally Splendid EnterprisesLtd. ("Naturally Splendid","NSE" or "the Company") (FRANKFURT:50N) (TSXV:NSP)(OTC:NSPDF) is pleased to announce that the Company has listed three(3) NATERA Plant Based Food entrees with a leading Canadiandistributor in their multiple British Columbia distributioncentres.
Orders have been processed and product has been shipped to thisleading foodservice distributor.
The products listed are, NATERA Plant Based Schnitzel, SeasonedTenders and Sweet Chili Tenders. These items will be carried in thisdistributor's BC based distribution centres in Vancouver, Kelowna, andVictoria.
Our extensive range of NATERA Plant Based Foods provides foodserviceoperators with meat-alternative products to meet the growing consumerdemand for plant-based menu choices.
Naturally Splendid expects a second container of NATERA Plant BasedFoods to arrive in port the first week of December. The secondcontainer has three additional plant-based SKUs, 'fish' filets, apanko burger, as well as cheesy bites bringing the total SKUsavailable to ten.
A growing number of mainstream consumers arebuying plant-based,meat-alternative options . In fact, these products are a key driver ofgrowth at grocery retailers nationwide, outpacing overall food growthby more than five times. New SPINS retail sales data released March 3,2020, shows that grocery sales of plant-based foods that directlyreplace animal products have grown 29% in the past two years to $5billion. 1
Naturally Splendid CEO Mr. J. Craig Goodwin states, " We are more than pleased having securedthis additional distribution for NATERA Plant Based Foods. Our rangeof plant-based entrees provides a broad variety of selections to meetgrowing consumer demand. Currently we have six items in stock at ourfacilities which will be extended to ten SKUs when the secondcontainer arrives. As more and more consumers adopt plant-basedalternatives into their diets, we believe the range of offerings willneed to expand as well. And this is where NATERA Plant Based Foodsexcels. By continuing to develop and offer a range of plant-basedalternatives to beef, chicken, pork and fish in a variety of entrees,we will meet consumer demand by providing a wide range of plant-basedoptions for their dietary needs".
For more information e-mail info@naturallysplendid.com or call Investor Relations at 604-673-9573
On Behalf of the Board of Directors
Mr. J. Craig Goodwin
CEO, Director
Contact Information
Naturally Splendid Enterprises Ltd.
(NSP - TSX Venture; NSPDF - OTCQB; 50N -Frankfurt)
#108-19100 Airport Way
Pitt Meadows, BC, V3Y 0E2
Office: (604) 465-0548
Fax: (604) 465-1128
E-mail: info@naturallysplendid.com
Website: www.naturallysplendid.com
Forward-Looking Statements
Information set forth in this news release containsforward-looking statements that are based on assumptions as of thedate of this news release. These statements reflect management'scurrent estimates, beliefs, intentions, and expectations. They are notguarantees of future performance. Naturally Splendid cautions that allforward looking statements are inherently uncertain and that actualperformance may be affected by a number of material factors, many ofwhich are beyond Naturally Splendid's control including, NaturallySplendid's ability to compete with large food and beverage companies;sales of any potential products developed will be profitable; sales ofshelled hemp seed will continue at existing rates or increase; theability to complete the sales of all bulk hemp seed purchase orders;and the risk that any of the potential applications may not receiveall required regulatory or legal approval. Accordingly, actual andfuture events, conditions and results may differ materially from theestimates, beliefs, intentions and expectations expressed or impliedin the forward-looking information. Except as required underapplicable securities legislation, Naturally Splendid undertakes noobligation to publicly update or revise forward-lookinginformation.
NEITHER TSX VENTURE EXCHANGE NOR ITSREGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIESOF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACYOR ACCURACY OF THIS RELEASE.
1 https://www.gfi.org/marketresearch
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