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Naturally Splendid (TSXV: NSP) launches e-commerce site for plant-based foods
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  • Naturally Splendid Enterprises (NSP) has appointed Canadian-based CANEX Foods as Master Distributor
  • Working with CANEX will allow Naturally Splendid to realize reduced operating costs while increasing services and margins
  • Benefits include increased storage capacity, daily scheduled delivery services, inventory management
  • CANEX Foods has placed an initial purchase order of fourteen pallets of NATERA Plant-Based Foods
  • Naturally Splendid operates a food manufacturing facility just outside Vancouver, B.C.
  • Naturally Splendid Enterprises (NSP) opened trading at C$0.055 per share

Naturally Splendid Enterprises (NSP) has appointed Canadian-based CANEX Foods as Master Distributor for NATERA Plant-Based Foods in Canada.

By appointing CANEX Foods as Master Distributor, Naturally Splendid will realize an overall reduction of operating costs while increasing services and margins.

Benefits include increased storage capacity, daily scheduled delivery services, inventory management, as well as a working relationship with a wide selection of distributors through existing CANEX relationships including Sysco, Gordon Food Service, Intercity Packers Meat and Seafood, Georgia Main and many others.

CANEX Foods has been in operation since 1985 distributing a selection of products to wholesale, retail, foodservice and c-store customers across Canada coast-to-coast. CANEX Foods products reach hundreds of customers and locations daily. Retail clients include almost every major retailer across Canada including Save On Foods, Choices, Sobey's, Loblaws, as well as many independent chains and local butcher shops.

CANEX Foods has placed an initial purchase order of fourteen pallets of NATERA Plant-Based Foods to begin servicing their clientele.

CANEX Foods GM Mr. Sean Lewis comments,

"Historically, our company has focused solely on meat proteins to supply all segments of the food business. As dietary choices and trends continue to change with the times, we have adapted our product offerings to meet consumer demands for value-added and plant-based proteins. We are pleased and excited to extend this relationship with Naturally Splendid and offer NATERA Plant Based Foods to not only satisfy our client's requests, but to offer the highest quality and best-tasting foods available in the market."

The growing demand for plant-based products isn't so much the result of a widespread shift to vegetarianism, but the result of an increasing number of consumers referred to as flexitarians who want to eat less meat but aren't ready to give it up entirely.

Reports have shown that 90 per cent of consumers who tried plant-based meats in the past 12 months fit that description. NATERA Plant Based Foods creates delicious plant-based products that appeal to this rapidly growing consumer category.

Naturally Splendid CEO Mr. J. Craig Goodwin states,

"Expanding our working relationship with CANEX Foods benefits Naturally Splendid on many levels including increased logistic efficiencies, cost savings, as well as leveraging business relationships that CANEX has developed over their 35 years of doing business. In particular, the forward-looking strategy displayed by CANEX in extending their product lines to appeal to the flexitarian market is perfectly in line with the strategy at Naturally Splendid and we very much look forward to building on this relationship".

Naturally Splendid operates a food manufacturing facility just outside Vancouver, B.C. The company has a range of food products under various brands such as Natera Sport, Natera Hemp Foods, CHII, Elevate Me and Woods Wild Bar.

Naturally Splendid Enterprises Ltd. (NSP) opened at C$0.055 per share.

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