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Toronto, Ontario–(Newsfile Corp. – August 12, 2022) – Plant&Co. Brands Ltd. (CSE: VEGN) (FSE: VGP) (OTCQB: VGANF) (“Plant&Co.”‘ or the “Company”), a modern health and wellness company offering delicious meals, is pleased to announce that its recently acquired CPG brand, LumberHeads, is now distributed by DSM Foods, an Ontario-based company serving more than 200 outlets nationwide. retail through its food distribution network. A first order of LumberHeads popcorn has already been delivered and LumberHeads popcorn will be available at DSM Foods network outlets.
“Plant&Co continues to focus on acquisitions and accelerating the organic growth of our brands. We are creating increased revenue as we execute alongside the founders of our brands. LumberHeads is a great example of how we help founders accelerate their growth.In less than 6 months since our majority acquisition in LumberHeads Foods Co., we have helped increase production capacity and retail distribution.Working with a great distributor like DSM Foods, we will increase the number of stores LumberHeads is in, which will help bring this amazing product to more people, and everyone who tries LumberHeads loves it,” said Shawn Moniz, CEO of Plant&Co. “We’ve listed our first brand, Holy Crap Cereals from DSM earlier this year and we are very pleased that they have now listed an additional Plant&Co brand. continue to deliver results through our organic and inorganic growth strategies. our business in the direction of profitability. Working with distributors such as DSM is key to expanding distribution and accelerating Plant&Co’s growth in 2022-2023.”
Context of the DSM
DSM Foods is a family-owned business in operation since 1985. With distribution channels in the natural foods industry through chain and independent grocers, restaurants and caterers. With a focus on the kosher community which numbers over 400,000 people in the Greater Toronto Area alone, DSM is well known and regarded in its customer base and provides value added service to its kosher clients and customers.
About Plant&Co Brands Inc.
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Plant&Co. Brands Ltd. (CSE: VEGN) (FSE: VGP) (OTCQB: VGANF) is a modern health and wellness company with delicious products. It offers a growing number of plant-based food products through its portfolio of brands Holy Crap Foods, YamChops “a plant-based butcher”, LumberHeads Food Co., Lettuce Love Café and Heal Wellness. For more information, please visit: www.HolyCrap.com, www.YamChops.com, www.LumberHeads.com, www.HealWellness.ca, www.LettuceLoveCafe.com and www.PlantandCo.com.
Plant&Co. brands ltd.
Chief executive officer
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Neither the Canadian Securities Exchange nor the Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this press release, which was prepared by management.
Caution Regarding Forward-Looking Statements
All statements contained in this press release, other than statements of historical facts, are “forward-looking information” about the Company within the meaning of applicable securities laws. Forward-looking information is often characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other words similar, or statements that certain events or conditions “may” or “will” occur, and includes management’s expectations regarding the accretive nature of the acquisition as well as the future performance of the company or Heal Wellness, the Heal Wellness management’s forecast of growth through existing and new locations being established throughout 2022 and 2023, the successful procurement of new suitable Heal Wellness locations by the Company, the success of company regarding the potential for expansion of Heal Wellness stores through corporate and franchise locations, and any related announcements, the introduction of new Heal Wellness wellness products, as well as ongoing research. inue by the company of accretive opportunities in 2022. Forward-looking statements are based on opinions and estimates as of the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause cause actual events or results to differ materially from those anticipated in the forward-looking statements. There are inherent uncertainties in forward-looking information, including factors beyond the Company’s control. There is no guarantee that the business plans of Plant&Co. described in this press release will become effective on the terms or time frame described herein. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change, except as required by law. Readers are cautioned not to place undue reliance on forward-looking statements. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company’s MD&A and other disclosure documents filed with Canadian securities regulators, which are displayed on www.sedar.com.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/133628