TORONTO, April 26, 2018 /CNW/ - GreenSpace Brands Inc.
("GreenSpace" or "the Company") (TSXV: JTR) today announced the
launch of Meatbar™️, its new brand under the premium
meat-based snack category. Meatbar is launching with three flavours
- Sriracha, Sweet & Savory, and Original, and is the first meat
snack in the Canadian market in a 'bar' format.
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The introduction of Meatbar™️ is a demonstration of
GreenSpace's ongoing commitment to develop internal brands and new
products from idea to launch in innovative categories. Meat-based
snacking is a substantial vertical ($1.4B
USD 2017) that is experiencing high growth and is expected
to be a strong trend for years to come with few entrants positioned
with natural and grass fed offerings. Meatbar™️ features
grass fed meats with assorted spices, nuts and seeds in a
convenient and familiar 'bar' format, feeding very well into the
macro trends of high protein, simple ingredients and convenience
snacking. Early indications appear to be for a very favorable
response from the industry, particularly in the Gas and Convenience
channel.
Meatbar™️ is launching with 3 product offerings, and
GreenSpace is continuing to investigate further innovation to round
out the offering with other meat based snacking options in the near
future. The current flavours include Sriracha which
features grass fed beef, antibiotic free pork and nitrate free
bacon; Sweet and Savory which features grass fed
beef, cranberries and pumpkin seeds; and Original,
simply featuring grass fed beef and assorted spices.
"The launch of Meatbar™️ is a significant event for
GreenSpace in that it reaffirms our commitment to launching brands
from the ground up," says Matthew von
Teichman, CEO of GreenSpace Brands. "We have long been
thinking about the convenience meat snacking category and have been
working on this project for a considerable amount of time, ensuring
we have the best product in the market. We now have a product and
brand that has been almost universally accepted by our retail
partners, including significant interest from the Gas and
Convenience channel. We are hoping for great things from this brand
with sales being initiated in Canada and with US expansion on the
horizon."
Meatbar™️ began to roll out to stores in early April and
will steadily gain distribution across the country over the next 6
months.
About GreenSpace Brands Inc.
GreenSpace is a Canadian-based brand ideation team that
develops, markets and sells premium natural food products to
consumers across Canada and the
United States. Greenspace owns and operates the following
brands: Love Child Organics., one of the fastest growing brands in
Canada and a producer of 100%
organic food for infants and toddlers made with the pure, natural
and most nutritionally-rich ingredients; Central Roast, a
clean snacking brand that is one of the leading natural food brands
in Canada; Rolling Meadow Dairy,
Canada's leading grass fed dairy,
delivering premium fluid and cultured products across Canada;
Life Choices which features premium convenience meat products made
with grass fed and pasture raised meats without the use of added
hormones and antibiotics; Kiju, the Canadian market leader in the
shelf stable organic juice segment; Cedar , the Canadian leader in
cold pressed and gut health focused fresh juices and Go Veggie, one
of the leading brand in North
America in the emerging plant based dairy category. All
brands are wholly owned and retail in a variety of natural and mass
retail grocery locations across Canada and the
United States.
For more information, visit www.greenspacebrands.ca.
GreenSpace's filings are also available at
www.SEDAR.com.
Forward-Looking Statements
Certain statements in this press release constitute
forward-looking statements within the meaning of applicable
securities laws. Forward-looking statements include, but are
not limited to, statements made under the heading "Outlook" and
other statements concerning the Company's 2017 objectives,
strategies to achieve those objectives, as well as statements with
respect to management's beliefs, plans, estimates, and intentions,
and similar statements concerning anticipated future events,
results, circumstances, performance or expectations that are not
historical facts. Forward-looking statements generally can be
identified by the use of forward-looking terminology such as
"outlook", "objective", "may", "will", "expect", "intend",
"estimate", "anticipate", "believe", "should", "plans" or
"continue", or similar expressions suggesting future outcomes or
events. Such forward-looking statements reflect management's
current beliefs and are based on information currently available to
management. Forward-looking statements involve risks and
uncertainties that could cause actual results to differ materially
from those contemplated by such statements and there can be no
assurance that actual results will be consistent with these
forward-looking statements. Factors that could cause such
differences include the cyclical nature of the construction and
agriculture industries, changes in general economic conditions and
interest rates, adverse weather, cost and availability of materials
used to manufacture the Company's products, competitive
developments, legislative and government policy changes, as well as
other risk factors included in the Company's Annual Information
Form dated August 16, 2016 under the
heading "Risks and Uncertainties Related to the Business" and as
described from time to time in the reports and disclosure documents
filed by the Company with Canadian securities regulatory agencies
and commissions. This list is not exhaustive of the factors
that may impact the Company's forward-looking statements.
These and other factors should be considered carefully and readers
should not place undue reliance on the Company's forward-looking
statements. As a result of the foregoing and other factors,
no assurance can be given as to any such future results, levels of
activity or achievements or levels of dividends and neither the
Company nor any other person assumes responsibility for the
accuracy and completeness of these forward-looking
statements. The factors underlying current expectations are
dynamic and subject to change. Certain statements included in
this press release may be considered "financial outlook" for
purposes of applicable securities laws, and such financial outlook
may not be appropriate for all purposes. All forward-looking
statements in this press release are qualified by these cautionary
statements. The forward-looking statements contained herein
are made as of the date of this press release and except as
required by applicable law, the Company undertakes no obligation to
publicly update or revise any forward-looking statement, whether as
a result of new information, future events or otherwise.
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.