TSX-V: HEMP
VANCOUVER, March 28, 2019 /CNW/ - Hempco Food and Fiber
Inc. (TSX.V: HEMP) ("Hempco®" or the "Company")
continues to execute its growth strategy with its new listing of
PLANET HEMP SUPERFOOD™ in Quebec
with Métro Inc., Canada's
third-largest grocer. In addition, Hempco® launches a new line
extension of plant-based, organic protein smoothie mixes for its
PLANET HEMP SUPERFOOD™ brand.
Hempco®'s listing with Métro Inc. is its first with one of
Canada's top three grocers in the
country's second largest market, which makes up 25.5% of the all
Canadian grocery sales according to the 2018 Canadian
Grocer's Market Survey. Métro grocery stores will be
rolling out PLANET HEMP SUPERFOOD™ in Quebec over the next few months and will
initially be available in over 75 stores across the province.
"We are very excited to have our PLANET HEMP SUPERFOOD™ brand
listed by Métro Inc. as we continue to expand our presence in
grocery and specialty stores across the country," said Hempco® CEO,
Diane Jang. "With the addition of
our latest product line extension of PLANET HEMP SUPERFOOD™ Organic
Protein Smoothie Mixes, we are able to offer an even greater
selection of hemp-based products for consumers. Our goal is to see
our protein smoothie mixes alongside our hemp hearts and super-seed
blends as convenient, versatile whole-food meal solutions. As part
of our Five-Prong Strategy, we continue to grow revenues through
new distribution channels and new products."
The new line will include three flavours: Original, Vanilla
Chai, and Super Greens. Made with 100% Canadian-grown, certified
organic hemp, PLANET HEMP SUPERFOOD™ Smoothie Mixes provide whole
food nutrition and are non-GMO, kosher, vegan friendly, plus 100%
naturally produced without the use of concentrates or isolates.
About Hempco®
For more than 12 years Hempco® has been a trusted and respected
pioneer, innovator and provider of quality, hemp-based foods, hemp
fiber and hemp nutraceuticals. Hempco® produces and markets the
brands PLANET HEMP™ and PRAISE, hemp-based foods and nutritional
supplements for people and animals. Hempco® is expanding its
processing ability to meet global demands in a 56,000 sq. ft.
facility located at Nisku, Alberta. Hempco®'s common
shares trade on the TSX Venture Exchange under the symbol
"HEMP".
The TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
This news release includes
statements containing certain "forward-looking information" within
the meaning of applicable securities law ("forward-looking
statements"). Forward-looking statements are frequently
characterized by words such as "plan", "continue", "expect",
"project", "intend", "believe", "anticipate", "estimate", "may",
"will", "potential", "proposed" and other similar words, or
statements that certain events or conditions "may" or "will" occur.
Forward-looking statements in this press release include the
Company's anticipation of further growth. These statements are only
predictions and are not guarantees of future performance;
therefore, undue reliance should not be placed on them. Such
forward-looking statements necessarily involve known and unknown
risks and uncertainties, which may cause actual performance and
financial results in future periods to differ materially from any
projections of future performance or result expressed or implied by
such forward-looking statements. Various assumptions were used
in drawing the conclusions or making the projections contained in
the forward-looking statements throughout this news release.
Forward-looking statements are based on the opinions and estimates
of management at the date the statements are made, and are subject
to a variety of risks and uncertainties and other factors that
could cause actual events or results to differ materially from
those projected in the forward-looking statements. The Companies
are under no obligation, and expressly disclaims any intention or
obligation, to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise,
except as expressly required by applicable law.
On behalf of the Board of Directors,
HEMPCO FOOD AND FIBER INC.
Diane Jang
CEO
SOURCE Hempco Food and Fiber Inc.