TORONTO, Sept. 7, 2021 /CNW/ - GreenSpace Brands Inc.
("GreenSpace" or the "Company") (TSXV: JTR), a leader within the
organic and plant-based food industry, is pleased to announce that
it has secured new distribution into one of Canada's largest department store chains.
Over the last few months, the Company has been working closely
with one of Canada's largest
department store retailers to expand distribution of its CENTRAL
ROAST brand across this chain's different retail banners. This
department store chain has over 500 outlets across
Canada.
GreenSpace will soon begin distributing a broad assortment of
its CENTRAL ROAST snack nuts and CENTRAL ROAST snack mix items to
this significant new customer. Purchase orders have recently
been received by GreenSpace with shipments expected to start in
October 2021 to satisfy the key
festive holiday period where snack nut and snack mix categories
have especially high demand.
"We are pleased to be expanding our business with this leading
retailer within the Canadian department store channel," says
Shawn Warren, President and CEO of
GreenSpace Brands Inc. "We are excited to drive merchandising
excellence and ensure our high-quality organic and plant-based
products are widely-available for their shoppers and our consumers
to enjoy. We look forward to collaborating and driving growth
programs with this important customer across all their retail
banners."
ABOUT GREENSPACE BRANDS INC.:
GreenSpace is a North
American organic and plant-based food business that develops,
markets and sells premium food products to consumers within the
fast-growing natural and organic food categories. GreenSpace owns
LOVE CHILD ORGANICS, a producer of 100% organic food for infants
and toddlers made with natural and nutritionally-rich ingredients,
CENTRAL ROAST, a clean snacking brand featuring a wide assortment
of organic nut and seed mixes and GO VEGGIE, one of the pioneers
and leaders in the US plant-based dairy market. All brands are
wholly-owned and are sold in a variety of online, natural and
retail grocery locations.
For more information, visit www.greenspacebrands.ca and
GreenSpace's filings are also available at
www.SEDAR.com.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING
INFORMATION:
This news release may contain forward-looking
statements or "forward-looking information" within the meaning of
applicable Canadian securities laws ("forward-looking statements").
Often, but not always, forward-looking statements can be identified
by the use of words such as "plans", "expects" or "does not
expect", "is expected", "estimates", "forecasts", "intends",
"anticipates" or "does not anticipate", or "believes", or describes
a "goal", or variation of such words and phrases or state that
certain actions, events or results "may", "could", "would", "might"
or "will" be taken, occur or be achieved. Forward-looking
statements are necessarily based upon a number of estimates and
assumptions that, while considered reasonable, are subject to known
and unknown risks and uncertainties, All of the Company's
forward-looking statements are qualified by the assumptions that
are stated or inherent in such forward-looking statements,
including the assumptions listed below. Although the Company
believes that these assumptions are reasonable, certain factors are
beyond the control of the Company, including, but not limited to,
the failure of third parties to comply with their obligations to
the Company or its affiliates; the impact of new and changes to, or
application of, current laws and regulations; critical accounting
estimates and changes to accounting standards, policies, and
methods used by the Company; the occurrence of natural and
unnatural catastrophic events and claims resulting from such
events; and risks related to COVID-19 including various
recommendations, orders and measures of governmental authorities to
try to limit the pandemic, including travel restrictions, border
closures, nonessential business closures, quarantines,
self-isolations, shelters-in-place and social distancing; and other
factors which may cause the actual results and future events to
differ materially from those expressed or implied by such
forward-looking statements, including the risks identified in the
Company's disclosure documents. There can be no assurance that such
forward-looking statements will prove to be accurate, as actual
results and future events could differ materially from those
anticipated in such information. Accordingly, readers should not
place undue reliance on forward-looking statements. All
forward-looking statements contained in this press release is given
as of the date hereof and is based upon the opinions and estimates
of management and information available to management as at the
date hereof. The Company 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
required by law.
Neither 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.
SOURCE GreenSpace Brands Inc.
