Vegan Supply to Distribute Plantein(TM) Through Foodservice Network & Sell in Retail Store

Rhea-AI Summary

Naturally Splendid Enterprises Ltd. (NSPDF) has partnered with Vegan Supply to distribute a selection of Plantein^TM products. Vegan Supply will carry five plant-based entrees including Nuggets, Schnitzel, and Crispy Burgers, making these available through their retail store and e-commerce platform. The partnership highlights Naturally Splendid's commitment to the growing vegan market and reflects confidence in the quality of their products. The Company operates a certified food manufacturing facility and has agreements for both manufacturing and distribution.

Positive

• Partnership with Vegan Supply enhances market reach for Plantein^TM products.
• Five new Plantein^TM products will be available for retail and foodservice customers, tapping into the growing vegan market.
• Naturally Splendid operates a certified food manufacturing facility, ensuring product quality.

Negative

• None.

VANCOUVER, BC / ACCESSWIRE/ September 6, 2022 / Naturally Splendid Enterprises Ltd. ("Naturally Splendid", "NSE" or "the Company") (FRANKFURT:50N)(TSXV:NSP)(OTC Pink:NSPDF) is pleased to announce that Vegan Supply will carry a selection of Plantein^TM products for its retail and foodservice customers.

Vegan Supply, a Vancouver based company with both retail and foodservice distribution, began business in 2015 as the world's largest e-commerce marketplace exclusively providing their retail customers and foodservice clients with high-quality vegan products. Vegan Supply is listing five (5) Plantein^TM plant-based entrees: Nuggets, Schnitzel, Crumbed Tenders, Sweet Chili Tenders, and Crispy Burgers. The Plantein^TM line of products will be available through Vegan Supply's retail store in Vancouver, BC, their e-commerce platform, and marketed to their foodservice distribution network.

"To partner with a forward-thinking company like Vegan Supply and supply its customers with our products means a lot," said Executive Vice President Bryan Carson. "Although our products are intended for all types of consumers, being accepted by the vegan community does speak to the quality of our products. The vegan market continues to grow and it is our mission to provide all our customers with the products they want and need. We look forward to working with Vegan Supply and providing their clients with great tasting Plantein^TM products".

About Naturally Splendid Enterprises Ltd.

Naturally Splendid is a plant-based food manufacturing and technology company that produces and distributes nutritious and delicious plant-based commodity products.

Founded in 2010, the Company operates a certified food manufacturing facility located just outside Vancouver, BC in Canada, focusing on producing an extensive range of plant-based entrees.

Naturally Splendid has an exclusive 10-year manufacturing and distribution agreement for Canada with a division of Australia's largest plant-based food manufacturer, Flexitarian Foods Pty. Ltd.

In addition to producing the Company's own branded products, Naturally Splendid provides contract manufacturing services and private labelling for a variety of nutritional plant-based food products destined for multiple distribution channels.

The Company has established healthy, functional foods under brands such as Natera Sport, Natera Hemp Foods, CHII™, Elevate Me™ and Woods Wild Bar™. The Company launched Plantein Plant-Based Foods, a line of delicious plant-based meat alternatives for the rapidly growing plant-based market segment.

Naturally Splendid has reached an agreement with Biologic to terminate the agreement with Plasm Pharmaceutical and is negotiating a compensation package for work done to date pursuing a potential treatment for Covid with the target drug Cavaltinib.

NSE has also developed proprietary technologies for the extraction of healthy omega 3 and 6 oils, as well as a protein concentrate from hemp.

On Behalf of the Board of Directors

Mr. J. Craig Goodwin
President, Director

Contact Information

Naturally Splendid Enterprises Ltd.
(NSP - TSX Venture; NSPDF - OTCQB; 50N Frankfurt)
#108-19100 Airport Way
Pitt Meadows, BC, V3Y 0E2
Office: (604) 570-0902
E-mail: info@naturallysplendid.com
Website: www.naturallysplendid.com

Forward-Looking Statements

Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Naturally Splendid cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Naturally Splendid's control including, Naturally Splendid's ability to compete with large food and beverage companies; sales of any potential products developed will be profitable; sales of shelled hemp seed will continue at existing rates or increase; customers will complete on sales contracts; and the risk that any of the potential applications may not receive all required regulatory or legal approval. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, Naturally Splendid undertakes no obligation to publicly update or revise forward-looking information.

NEITHER 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: Naturally Splendid Enterprises Ltd.

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FAQ

What products will Vegan Supply distribute from Naturally Splendid?

Vegan Supply will distribute five Plantein^TM products: Nuggets, Schnitzel, Crumbed Tenders, Sweet Chili Tenders, and Crispy Burgers.

When was the partnership between Naturally Splendid and Vegan Supply announced?

The partnership was announced on September 6, 2022.

What is the significance of the partnership for Naturally Splendid (NSPDF)?

The partnership improves Naturally Splendid's access to both retail and foodservice markets within the growing vegan segment.

Where can consumers purchase Plantein^TM products?

Plantein^TM products will be available at Vegan Supply's retail store in Vancouver and through their e-commerce platform.

What type of company is Naturally Splendid Enterprises Ltd.?

Naturally Splendid is a plant-based food manufacturing and technology company producing nutritious plant-based products.