Komo Plant
Based Foods Begins High Growth Trajectory with Retail Expansion and
Reorders
Vancouver,
B.C. -- September 8, 2021 -- InvestorsHub NewsWire -- Komo
Plant Based Foods Inc. (CSE: YUM)
(OTC:KOMOF)
(FSE:9HB) (“Komo”), is
pleased to announce that it is rapidly expanding
its retail distribution network and has successfully added dozens
of independent and specialty grocers to sell Komo plant based food
products in the past 2 months.
Recent retail additions include Meinhardt’s Fine
Foods, Larry’s Market, Stong’s Market, Vegetarian Butcher, The
Juice Truck, Nourish Market and Bean Around the World in Metro
Vancouver. Komo’s retail launch in April 2021 has shown
strong consumer demand with many reorders from retailers, and one
retailer submitting 10 reorders over the past 5
months.
Since its launch earlier this year, Komo’s
products have garnered over 75 five star reviews through its
direct-to-consumer channel. Consumers mention delicious
taste, wholesome ingredients and ease as reasons why they continue
to buy Komo plant-based products. “Excellent. Tasty, healthy,
easy to bake,” says one review.
“Our goal has been to create a solid foundation of
loyal consumers locally so we are poised for strong growth,” says
Komo Plant Based Foods CEO William White, “We have had a very
positive response from retailers for local sales. Many of our
retail locations are returning to us with consistent reorders as
consumers enjoy our delicious plant-based comfort foods.
Adding dozens of independent locations gives consumers convenient
access to purchase our products while we work on the longer sales
cycle of larger grocery chains. We are very excited about
pursuing rapid growth this year.”
Komo is now selling through several food
distributors, including Dean’s Specialty Food Distribution, and is
represented by Cornerstone Marketing for Canadian Sales,
with 6 agents focused on sales in the natural
foods category. Komo expects to broaden
distribution points by 20 new retail locations per month as it
plans for expansion in the United States. It is currently in the
process of increasing manufacturing capabilities to keep up with
demand.
In addition to selling through a retail network, Komo sells its
products directly to consumers through its eCommerce website
at www.komocomfortfoods.com
and at local Farmers markets. A full list of
retail locations can be found at https://komocomfortfoods.com/pages/contact-us
and reviews from verified buyers are posted
at https://komocomfortfoods.com/pages/reviews.
About
Komo
Komo Plant Based Foods
Inc. is a premium plant-based food company that develops,
manufactures and sells a variety of plant-based frozen meals that
are always hearty, satisfying, and made with wholesome
ingredients. At Komo, our mission is to help make plant-based
meals a staple on every dinner table by sharing our love for
feel-good food that connects the people to the planet. We
believe plant-based eating is the future and - Change can start
with a single biteTM. Our experienced plant-based
innovation and development team recreates vegan versions of
traditionally cheesy and meaty classics, with 100% plants. Komo’s
products are sold direct-to-consumer through our eCommerce website
and a distribution network of online and brick and mortar grocery,
convenience and natural retailer channels. Our operating subsidiary
Komo Comfort Foods launched in 2021 with our flagship products:
plant-based Lasagna, Shepherd’s Pie and Chick’n Pot Pie and has
recently launched a new line - Komo Plant-Based Meal
HelpersTM - versatile meal starters to allow the
creation of many dishes at home.
Learn more at: www.komocomfortfoods.com
and follow
on Instagram:
@komocomfortfoods
For further
information, please contact:
William White,
President & CEO
will@komoeats.com
1-866-969-0882
Renmark
Financial Communications Inc.
Joshua Lavers:
jlavers@renmarkfinancial.com
Tel: (416) 644-2020 or
(212) 812-7680
www.renmarkfinancial.com
The Canadian
Securities Exchange has not reviewed, approved or disapproved the
contents of this news release.
Cautionary
Statement Regarding Forward-Looking
Statements
Certain statements
contained in this press release constitute forward-looking
information. These statements relate to future events or Komo’s
future performance. The use of any of the words "could", "expect",
"believe", "will", "projected","estimated" and similar expressions
and statements relating to matters that are not historical facts
are intended to identify forward-looking information and are based
on Komo’s current belief or assumptions as to the outcome and
timing of such future events. Actual future results may differ
materially. In particular, Komo’s product development plans, its
ability to retain key personnel, and its expectation as to the
acceptance of its products by consumers constitute
forward-looking information. Actual results and developments may
differ materially from those contemplated by forward-looking
information. Readers are cautioned not to place undue reliance on
forward-looking information. The statements made in this press
release are made as of the date hereof. Komo disclaims any
intention or obligation to publicly update or revise any
forward-looking information, whether as a result of new
information, future events or otherwise, except as may be expressly
required by applicable securities laws.
