YUMY BEAR CLT AGREEMENT WITH LARGEST NATIONAL PHARMACY RETAILER WITH OVER 1300 LOCATIONS NATIONALLY
VANCOUVER, BC, Dec. 27 2021 / CNW / – Yumy Bear Goods Inc., (CSE: YUMY) (“Yumy Bear” or the “Company”) has reached an agreement to begin its pilot sales test in from Canada largest chain of pharmacies with more than 1300 locations. Yumy Bear will launch its storefronts, as well as tastings of its Better-for-You low-sugar confectionery at from Canada largest chain of pharmacies. With more than 1,300 stores in nine provinces and two territories, the company has established itself as the largest drugstore chain in the country.
Founded in 1962, the company rethought the concept of the 20e century “pharmacy” becoming one of the fastest growing companies in the country. In 2014, the company was acquired by a conglomerate of grocery stores to $ 12.4 million cash and equity.
“Piloting our product at the nation’s largest pharmacy retailer puts us on the verge of taking our business to the next level. This could very well lead to a significant change in our company’s revenue, as well as the short-term outlook. supplier approval, this will open important doors for other stores and distributors. Grocers, health food stores, drugstores and more are all looking for a “Best for You” alternative and we believe we are the company to fill that gap. The recent progress of our business is extremely encouraging and we look forward to showing consumers what to expect, ”said President and CEO and Founder, Erica Williams.
“To be chosen to pilot with one of the most reputable brands and companies of Canada says a lot about our product and our company. I think we have a product that not only tastes great, but is also a healthy alternative, and that checks all the boxes for consumers. Large retailers are slowly changing their shelves for healthier alternatives, and we will seek to be the product that fills those shelves, ”said the director, Cassidy mccord.
YUMY BEAR PRODUCTS INC.
Erica Williams, CEO
Telephone: (604) 449-2026
Email: [email protected]
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, 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, but are not limited to: 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 such 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.
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/December2021/27/c8134.html