Naturally Splendid Enterprises Ltd. (TSX-V:NSP, OTC:NSPDF) has announced that a fourth shipping container of NATERA Plant Based Foods has been ordered and is being shipped to the company's facility in Pitt Meadows, British Columbia.
The company said that on this shipment it will be receiving new SKUs including plant-based ‘wings & drumettes' as well as a new plant-based ‘burger' all destined for the retail and foodservice markets.
Naturally Splendid noted that it continues to expand distribution with products intended for the flexitarian consumer market. Flexitarian consumers are individuals that look to include more plant-based products into their diet, reducing meat and dairy intake. Consumers are increasingly following the advice of the new Canada Food Guide, which highlights the nutritional benefits of plant-based protein sources and this supports the concept of a flexitarian diet.
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Existing NATERA Plant Based Foods include Plant Based Burgers, Breaded Cutlets (Schnitzel), Garlicky Chick-Un Kiev, Sweet Chili Chick-Un Tenders, Seasoned Chick-Un Tenders, Chick-Un Nuggets, Chick-Un Patties, Crispy Fish-Un Fillets, Garlicky Chick-Un Bites and Cheesy Chick-Un Bites.
In a statement, Naturally Splendid CEO J. Craig Goodwin said: "We continue to make progress into both the foodservice and retail markets. We will continue to add additional plant-based offerings to the existing range of products we currently carry to penetrate a wide range of distribution channels. We look forward to providing timely updates as these products are brought to market".
Founded in 2010, Naturally Splendid operates a Safe Quality Food Level 2 certified food manufacturing facility just outside Vancouver, British Columbia. The company has established numerous healthy, functional foods under recognized brands such as Natera Sport, Natera Hemp Foods, CHII, Elevate Me and Woods Wild Bar, and most recently Natera Plant Based Foods, a line of delicious plant-based meat alternatives for the rapidly growing plant-based market segment.
The company has a myriad of new products and line extensions under development that are approaching launch. NSE, through its joint venture Plasm Pharmaceutical, has been approved for conducting a phase 2 clinical trial approved by Health Canada for treatment of coronavirus (COVID-19).
Naturally Splendid has also developed proprietary technologies for the extraction of high-demand, healthy omega 3 and 6 oils from hemp. The company contract manufacturers for healthy, functional food products and ingredients focusing on plant-based ingredients. It also provides contract manufacturing services for many healthy food companies, private labeling a wide variety of nutritional food products destined for global healthy food markets.
Contact the author at jon.hopkins@proactiveinvestors.com