August 17, 2022

Healty

Slick Healthy

THE VERY GOOD FOOD COMPANY ANNOUNCES EASTERN U.S. RETAIL

The Big Organization to Present
Mmm Meatballs, Cajun Sausage, Bratwurst Sausage, and The Stuffed Beast in 130 Shops

VANCOUVER, BC, July 7, 2022 /CNW/ – The Really Very good Food items Enterprise Inc. (NASDAQ: VGFC) (TSXV: Extremely.V) (FSE: OSI) (“Pretty Great” or the “Corporation”), is delighted to announce amplified U.S. retail enlargement by using a new arrangement with The Giant Business (“Large”). With Giant’s existence all through Pennsylvania, Maryland, Virginia, and West Virginia as properly as on the web shopping and delivery to New Jersey, this retail distribution drastically expands Quite GOOD’S solution availability on the U.S. Japanese Seaboard.

The Very Good Food Company Inc.-Logo (CNW Group/The Very Good Food Company Inc.)

Huge has made the strategic final decision to enhance its assortment of plant-dependent foods as it strengthens its emphasis on healthful feeding on, and the retailer believes Pretty GOOD’s item offering will appeal to a wide range of shoppers, from people avoiding animal products to other individuals hoping flexitarian or vegetarian diet plans.  Pretty GOOD’S Butcher’s Select line which includes Mmm Meatballs, Cajun, and Bratwurst Sausages, along with The Stuffed Beast from Quite Excellent Butchers’ original line of goods, will be positioned within the Wholesome, Purely natural, Organic and natural (HNO) area of Huge stores.

Quite GOOD’s CEO, Parimal Rana, commented on the Firm’s new distribution with Giant. “This is nevertheless a different gain for our team in line with our refocused approach of growing our retail footprint Large is regarded as a forward-contemplating organization and has a record of productively introducing modern makes to people. Their inclusion of our Meatballs, Cajun & Bratwurst sausages, and The Stuffed Beast solutions is still one more option for us to attain new consumer adoption. With our natural and clear plant-based mostly substances, we are self-assured in our products’ ability to conduct nicely in Giant’s HNO location”.

Incredibly Excellent targets the plant-centered meals current market chance with a differentiated strategy – by producing plant-based food solutions from whole foodstuff components, without the need of compromising flavor and texture.

About The Large Enterprise

The Giant Company is an American supermarket chain that operates merchants in Pennsylvania, Maryland, Virginia, and West Virginia and offers on the web procuring and delivery to New Jersey through Giant Direct. The Giant Co. is a subsidiary of Ahold Delhaize, which also owns equally-named Giant Food of Landover, Maryland. The Giant Company is operates 190 suppliers, 133 pharmacies, 105 fuel stations, and 175 grocery pickup hubs. Sister organizations include Food Lion, Stop & Store, and Hannaford Supermarkets which are all subsidiaries of Ahold Delhaize.

About The Very Fantastic Food Corporation Inc.

The Extremely Fantastic Food items Company Inc. is an emerging plant-based mostly meals technological innovation firm that makes wholesome and delightful plant-based meat and cheese goods beneath Extremely GOOD’s main makes: The Pretty Excellent Butchers and The Pretty Excellent Cheese Co. www.verygoodfood.com.

OUR MISSION IS LOFTY BUT Fantastically Simple: GET Hundreds of thousands TO RETHINK THEIR Foodstuff Alternatives While Serving to THEM DO THE World A World OF Fantastic. BY Featuring PLANT-Dependent Food stuff Choices SO Delightful AND Nutritious, We are Encouraging THIS Form OF Diet regime Grow to be THE NORM.

ON BEHALF OF THE Really Great Food stuff Organization INC.

Parimal RanaChief Govt Officer

Forward-Hunting Statements

This information launch has “forward-wanting data” inside the which means of relevant securities laws in Canada and “ahead-wanting statements” in just the that means of the United States Non-public Securities Litigation Reform Act of 1995, which include Area 21E of the Securities Trade Act of 1934, as amended (collectively referred to as “ahead-seeking information”), for the goal of offering info about management’s present expectations and plans relating to the long run. Visitors are cautioned that reliance on these types of information may not be correct for other reasons. Forward-wanting facts may perhaps be recognized by text these types of as “strategies”, “proposed”, “expects”, “anticipates”, “intends”, “estimates”, “could”, “will”, and similar expressions. Ahead-on the lookout details contained or referred to in this information launch incorporates, but is not restricted to: the new distribution settlement with Large which include the amount of outlets predicted to have Pretty GOOD’s merchandise, the styles of goods envisioned to be carried and the advantages the Enterprise expects to derive from the Giant      listing     , as very well as Pretty GOOD’s beliefs as to the well being and nutritional characteristics of its goods and their capability to conduct effectively within Giant’s HNO venue,      and its differentiated tactic in the plant-based mostly market.  Ahead-seeking facts is primarily based on a number of things and assumptions which have been utilised to create such data, but which might show to be incorrect together with, but not minimal to, substance assumptions with respect to the Company’s ability to continue as a heading problem the Firm’s capacity to take care of the latest personnel modifications and the Company’s skill to properly execute on its up to date enterprise method outlined in its most a short while ago submitted interim Management’s Dialogue and Examination for the three months finished March 31, 2022, which is offered at www.sedar.com and www.sec.gov. The Firm’s potential to execute on its approach may well also rely on the Company’s skill to precisely forecast shopper demand from customers for its items and regulate its present-day and long run inventory amounts, ongoing need for Really GOOD’s products and solutions, ongoing progress of the reputation of meat options and the plant-centered food items industry, no substance deterioration in normal small business and financial ailments, the productive placement of Really GOOD’s goods in retail retailers and distribution in the foods support channel, the Company’s potential to remain mentioned on the Nasdaq, Pretty GOOD’s potential to properly enter new markets, Extremely GOOD’s potential to get hold of necessary manufacturing tools and human assets as essential, Incredibly GOOD’s connection with its suppliers, distributors and 3rd-occasion logistics suppliers, and management’s potential to posture Quite Fantastic competitively. Although the Business thinks that the expectations mirrored in such forward-seeking information and facts are acceptable, undue reliance really should not be put on ahead-searching details mainly because Really Superior can give no assurance that this sort of anticipations will demonstrate to be right. Pitfalls and uncertainties that could induce genuine effects, overall performance or achievements of Really Great to differ materially from people expressed or implied in this kind of ahead-wanting info consist of, between some others, the impression of, uncertainties and challenges related with destructive hard cash flow and long run financing requirements to maintain and mature operations, confined history of functions and revenues and no history of earnings or dividends, competition, challenges relating to the availability of uncooked products, hazards relating to regulation on social media, enlargement of facilities, risks associated to credit history services, dependence on senior administration and essential personnel, availability of labor, common organization threat and liability, regulation of the food items sector, transform in rules, polices and pointers, compliance with laws, risks related to 3rd bash logistics suppliers, unfavorable publicity or buyer perception, enhanced charges as a final result of staying a United States public business, products legal responsibility and item remembers, pitfalls related to intellectual assets, pitfalls relating to co-manufacturing, threats associated to growth into the United States dangers relevant to our acquisition system, taxation challenges, problems with forecasts, administration of advancement and litigation as very well as the challenges related with the ongoing COVID-19 pandemic. For a additional in depth dialogue of the dangers faced by Extremely Very good, remember to refer to Incredibly GOOD’s most recent Annual Information and facts Type submitted with Canadian securities regulatory authorities at www.sedar.com and as an show to the Type 20-F filed with the SEC on Might 26, 2022 and out there at www.sec.gov. The forward-wanting information and facts in this news launch demonstrates the present anticipations, assumptions and/or beliefs of the Corporation primarily based on information at this time offered. Any forward-wanting info speaks only as of the day of this news launch. Very Great undertakes no obligation to publicly update or revise any forward-looking information and facts regardless of whether due to the fact of new data, long term occasions or if not, apart from as usually demanded by regulation. The ahead-on the lookout details contained in this news release is expressly capable by this cautionary statement.

None of the Nasdaq Inventory Current market LLC, TSX Enterprise Trade, the SEC or any other securities regulator has both accredited or disapproved the contents of this information launch.

None of the Nasdaq, the TSX Venture Exchange or its Regulation Services Company (as that term is outlined in the insurance policies of the TSX Venture Trade), the SEC or any other securities regulator accepts accountability for the adequacy or precision of this news release.

Cision

View unique articles to obtain multimedia:https://www.prnewswire.com/information-releases/the-quite-superior-food-business-announces-eastern-us-retail-enlargement-with-the-large-enterprise-301582064.html

Supply The Pretty Superior Foods Company Inc.

© Canada Newswire, resource Canada Newswire English