VANCOUVER, BC, November 19, 2021 / CNW / – Yumy Bear Goods Inc., (CSE: YUMY) (“Yumy Bear Candy” or the “Company”) received its first order for from Canada Leading distributor of health products and specialist in confectionery Purity Life Distributor.
Purity Life, established in 1984, is proud to provide Canada with the highest quality natural healthy living products. With over 7,000 supplier locations, it has grown to become the primary supplier to many health food and confectionery companies. Purity Life has been a primary factor in establishing and distributing many leading brands and companies in the confectionery field, such as Smart Sweets, which was recently acquired for $ 360 million. Purity is one of the leading distributors of Smart Sweets in Canada, where Yumy Bear Goods will make its initial target market.
Purity Life supplies almost all major retailers with Canada like Whole Foods, Loblaws, Shoppers Drug Mart and many more. Many of these chains are the largest chains in the country with retail sales and revenues in the billions.
“We are very pleased to be working with Purity Life, an established leader in the ‘Good For You’ confectionery space. After many discussions with management, we are happy to find a group as passionate about our product as we are. In addition, we are very excited about the potential growth between us, as we plan to be present in thousands of outlets over the next 12 months through their distribution channel. Between Purity Life and our existing retail distribution, we aim to be the leading confectionery company in the space “says CEO, Erica Williams.
Yumy Bear is a low-sugar, health-conscious plant-based confectionery company based in Vancouver, British Columbia and it has developed a portfolio of healthier gelatin-free candies made from non-GMO ingredients with exclusive recipes. All of its products are free from gelatin, soy, gluten, nuts, dairy products, eggs, sugar alcohols, artificial sweeteners and genetically modified organisms.
Caution regarding forward-looking information
Except for statements of historical fact, this press release contains “forward-looking information” within the meaning of applicable securities laws. The information contained in this press release concerning the future plans and objectives of the Company is forward-looking information. This forward-looking information is based on reasonable assumptions and estimates of the management of the Company at the time they were made, and involves known and unknown risks, uncertainties and other factors which may cause results, performance or actual achievements of the Company significantly different from the future results, performances or achievements expressed or implied by this forward-looking information. These factors include, among others: general business, economic and social uncertainties; the local and global market and economic uncertainties arising from the COVID-19 pandemic; litigation, availability of key product ingredients, legislative, environmental and other legal, regulatory, political and competitive developments; the ability to effectively expand manufacturing and production capacity; the ability to secure retail partners to distribute the Company’s products, the success of market initiatives and the ability to build brand awareness; the ability to attract, maintain and expand relationships with key strategic suppliers; our ability to predict consumer taste preferences; delay or failure to receive regulatory approvals; the adequacy of our cash flow to meet liquidity needs; the additional risks set out in the Company’s public documents filed on SEDAR at www.sedar.com; and other matters discussed in this press release. Accordingly, the forward-looking statements discussed in this press release may not occur and could differ materially due to these known and unknown risk factors and uncertainties affecting the Company. Although the Company believes that the assumptions and factors used in the preparation of forward-looking statements are reasonable, one should not place undue reliance on such statements, which speak only as of the date of this press release, and no Assurance cannot be given that such statements events will occur within the disclosed time frame or not at all. Except as required by law, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
SOURCE Yumy Bear Goods Inc.
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