Komo Plant Based Foods Continues Rapid Increase of Distribution Points with 300% Growth in 2 Months

Rhea-AI Summary

Komo Plant Based Foods Inc. (CSE:YUM, OTCQB:KOMOF, FRA:9HB) announced a significant expansion of its frozen plant-based food products, now available at over 120 locations—an increase of approximately 300% in just two months. The company moved production to a co-manufacturing facility and partnered with TransCold Distribution to enhance distribution across Canada, including major retailers like Safeway and Walmart. Komo aims to further expand into the U.S. in early 2022, while continuing to offer direct-to-consumer sales through its eCommerce platform.

Positive

• 300% increase in distribution points over two months.
• Partnership with TransCold Distribution for enhanced market reach.
• Expansion plans into the United States in early 2022.

Negative

• None.

VANCOUVER, BC / ACCESSWIRE / December 14, 2021 / Komo Plant Based Foods Inc. (CSE:YUM)(OTCQB:KOMOF)(FRA:9HB) ("Komo"), a premium plant-based food company, is pleased to announce that its frozen plant-based food products are now being sold at more than 120 distribution locations, including 117 brick-and-mortar retail locations and 4 online retailers. This is approximately a 300% increase from two months ago.

Since mid-September 2021, Komo significantly scaled up production by moving the bulk of its manufacturing to a co-manufacturing facility. In October 2021, TransCold Distribution Ltd., a leading frozen food distributor, added Komo to its portfolio of products that it distributes across Canada.

TransCold Distribution is a wholesale supplier of frozen foods and ice cream throughout Western Canada and the Western United States and distributes to over 10,000 distribution points, including major grocery, convenience, drug, chain retailers, food service and independent retailers. TransCold customers in Canada include Safeway, Save on Foods, Loblaws, Real Canadian Superstore, Fresh Co., Thrifty Foods, Whole Foods, Walmart, Nesters Market, Buy-Low Foods, Walmart, Costco, 7-Eleven, Shoppers Drug Mart, Spud.ca and Pomme Natural Market.

Komo is currently being carried by select stores in British Columbia at IGA, Safeway, Stong's and Fresh Market, and across full chains, including Nesters, Choices, Nature's Fare Market, Fairway Market and Meinhardt's, as well as specialty stores such as the Juice Truck, Vegetarian Butcher, Vegan Supply, and Larry's Market. There are also several stores in Alberta now carrying Komo products, with many more expected to be added across Canada in the near future. Komo has also announced its intentions to expand into the United States in early 2022.

"Since launching in March 2021 we have strived to create a solid foundation of loyal consumers locally and expand retail rapidly," says Komo Plant Based Foods CEO William White. "We can see the strength of our alliances with major distributors such as TransCold and Nationwide Natural Foods as we continue our rapid growth. We are honored to be included in the frozen food sections of many prominent grocery stores and excited to see new retail stores get added every month, allowing us to share the love of plant-based foods. "

In addition to selling through a retail network, Komo sells its products directly to consumers through its e-commerce website and at local farmers' markets. A full list of retail locations can be found at the company's website in addition to almost 200 reviews from verified buyers.

About Komo

Komo Plant Based Foods Inc. is a premium plant-based food company that develops, manufactures and sells a variety of plant-based frozen meals that are always hearty, satisfying, and made with wholesome ingredients. At Komo, our mission is to help make plant-based meals a staple on every dinner table by sharing our love for feel-good food that connects the people to the planet. We believe plant-based eating is the future and - Change can start with a single bite^TM. Our experienced plant-based innovation and development team recreates vegan versions of traditionally cheesy and meaty classics, with 100% plants. Komo's products are sold direct-to-consumer through our eCommerce website and a distribution network of online and brick and mortar grocery, convenience and natural retailer channels. Our operating subsidiary Komo Comfort Foods launched in 2021 with our flagship products: plant-based Lasagna, Shepherd's Pie and Chickenless Pot Pie and has recently launched a new line - Komo Plant-Based Meal Helpers^TM - versatile meal starters to allow the creation of many dishes at home. All of our products are 100% plant-based, made with wholesome ingredients, free from preservatives, and frozen for freshness. Freezing products is a natural and effective way of keeping food products for longer without having to use any preservatives. Komo's meals have a 1-year frozen shelf life. Komo also sells hot ready-to-eat meals in Metro Vancouver through Uber Eats and Skip the Dishes.

Learn more at: www.komocomfortfoods.com and follow on Instagram: @komocomfortfoods

For further information, please contact:
William White, President & CEO, Komo Plant Based Foods Inc.
will@komoeats.com
1-866-969-0882

The Canadian Securities Exchange has not reviewed, approved or disapproved the contents of this news release.

Cautionary Statement Regarding Forward-Looking Statements

Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or Komo's future performance. The use of any of the words "could", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on Komo's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, Komo's product development plans, its ability to launch its products on food delivery apps, its ability to retain key personnel, its revenues, and its expectation as to the acceptance of its products by retailer stores and consumers constitute forward-looking information. Actual results and developments may differ materially from those contemplated by forward-looking information. Readers are cautioned not to place undue reliance on forward-looking information. The statements made in this press release are made as of the date hereof. Komo disclaims any intention or obligation to publicly update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as may be expressly required by applicable securities laws.

SOURCE: KOMO Plant Based Foods Inc.

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https://www.accesswire.com/677446/Komo-Plant-Based-Foods-Continues-Rapid-Increase-of-Distribution-Points-with-300-Growth-in-2-Months

FAQ

What significant milestone did Komo Plant Based Foods achieve in December 2021?

Komo announced a 300% increase in distribution points, reaching over 120 locations.

Which distributor has partnered with Komo for product distribution?

Komo is now distributed by TransCold Distribution across Canada.

Is Komo Plant Based Foods planning to expand its market presence?

Yes, Komo plans to expand into the United States in early 2022.

How has Komo increased its production capacity?

Komo moved its manufacturing to a co-manufacturing facility to scale up production.