TORONTO, Sept. 11, 2018 /CNW/ - GreenSpace Brands Inc.
("GreenSpace" or "the Company") (TSXV: JTR) today announced the
launch of Riot Eats™, its new plant-based dairy brand. The
brand will be unveiled to the trade this week in both the United States and Canada at the 2018 Natural Products Expo East
(#8188) and CHFA East (#1135) respectively. Riot Eats™
is entering the market with several new products across multiple
categories including plant-based cheeses, butter and spreads.
The introduction of Riot Eats™ is a continued
demonstration of GreenSpace's ongoing commitment to develop
internal brands and new products from idea to launch in innovative
categories. Plant-based food is a skyrocketing vertical where sales
rose 20 percent year-over-year, topping $3.3
billion dollars, according to Nielsen and the Plant Based
Foods Association.
"The launch of Riot Eats™ builds upon our mission to
bring better to more," said Matthew von Teichman, CEO of GreenSpace Brands.
"The goal of Riot Eats™ is to flip the script on plant-based
eating being a sacrifice to being an exciting personal gain.
With high quality ingredients, unique category certifications, and
great taste and performance, our products are perfect for anyone
looking to defy category "norms" and try something new."
Riot Eats™ will launch as the only USDA Organic shredded
and sliced cheese alternative brand in the North American market,
and will defy category standards and limitations by providing
higher quality products with superior taste.
Riot Eats™ will begin to rollout to both natural and
conventional grocery channels in early 2019.
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, 2 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
2018 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 July 18, 2017 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.
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SOURCE GreenSpace Brands Inc.