'Achieving 10,000 retail locations for our brands is a great milestone to celebrate,' said
Over the course of the past 12 months, buyers at key retailers have rapidly added the Company's products to their assortments, increasing retail store distribution by more than 50% with 3,274 new store locations and increasing TDP by 30% with more than 13,972 new distribution points, including:
Publix Supermarkets - new distribution in 2022 includes four RightRice SKUs in more than 1,100 stores for a total of more than 4,400 TDPs added
Hannaford Supermarkets - new distribution in 2022 includes four new RightRice SKUs in 180 stores, two Hope and Sesame Shelf Stable Sesamemilk SKUs in 150 doors, and one Hope and Sesame Refrigerated SKU in 50 doors for a total of 1,070 TDPs added
Gristedes Markets - new distribution in 2022 are three Mozaics Real Veggie Chips SKUs in 30 stores and six Hope and Sesame Sesamemilk SKUs in 30 locations for 270 additional TDPs
Stop & Shop Supermarkets - taken on two Hope and Sesame Refrigerated SKUs in 250 doors for 500 TDPs added in 2022
'We are pleased to see the rapid retailer adoption of Hope and Sesame Sesamemilk and Mozaics Real Veggie Chips, both of which were newly launched in early 2022 as Non-GMO products, with Mozaics featuring sustainable packaging,' continued
Stores and foodservice locations in
About The
Planting Hope develops, launches, and scales uniquely innovative plant-based and planet-friendly food and beverage brands. Planting Hope's award-winning and cutting-edge products fill key unmet needs in the skyrocketing plant-based food and beverage space. The Planting Hope brand family includes Hope and Sesame Sesamemilk, Barista Blend Sesamemilk, and Sesamilk creamers, RightRice Veggie Rice, Mozaics Real Veggie Chips, and Veggicopia Veggie Snacks. Products from Planting Hope brands are available in more than 10,000 doors and more than 60,000 total distribution points at grocery retailers throughout
Contact:
Tel: (773) 492-2243
Email: julia@plantinghopecompany.com
Forward-Looking Statements
This news release contains 'forward-looking statements' or 'forward-looking information' (collectively referred to hereafter as 'forward-looking statements') within the meaning of applicable Canadian securities legislation. All statements that address activities, events, or developments that the Company expects or anticipates will, or may, occur in the future, including statements about the Company's ability to execute on its goals, the timing pertaining to these goals the potential demand for the Company's products, the timing and success of anticipated product launches and distribution of the Company's products, and the Company's business prospects, future trends, plans and strategies. In some cases, forward looking statements are preceded by, followed by, or include words such as 'may', 'will,' 'would', 'could', 'should', 'believes', 'estimates', 'projects', 'potential', 'expects', 'plans', 'anticipates', 'continues', or the negative of those words or other similar or comparable words.
In preparing the forward looking statements in this news release, the Company has applied several material assumptions, including, but not limited to, the assumption that demand for the Company's product will be sustained or increase in accordance with management's projections, that the Company's internal research and analysis is indicative of broader market trends and the Company's anticipated future demand for its products, that changes in consumer preferences in the plant-based food industry will continue in accordance with the Company's expectations, that the Company's current business objectives can be achieved and that its other corporate activities will proceed as expected, and that general business and economic conditions will not change in a materially adverse manner. Although the management of the Company believes that the assumptions made and the expectations represented by such statements are reasonable, there can be no assurance that any forward-looking statement herein will prove to be accurate.
Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. Risks and uncertainties applicable to the Company, as well as trends identified by the Company affecting its industry can be found in the Company's annual information form dated
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