Rritual Superfoods Chosen to Participate in Kroger Natural & Organic Innovation Summit

Rhea-AI Summary

Rritual Superfoods Inc. has been selected to participate in the Kroger Natural & Organic Innovation Summit, a prestigious event aimed at connecting top buyers with innovative brands. This summit will host approximately 65 influential buyers, providing Rritual the opportunity to showcase its USDA-certified organic products, including the unique Immune-Synergy Six Mushroom Blend. CEO David Kerbel expressed excitement about this chance to enhance brand awareness within Kroger, which operates 2,750 stores serving nearly 11 million customers daily. The functional food market is projected to reach $275 billion by 2025, with Rritual poised to capitalize on this growth.

Exclusive Opportunity to Introduce the Rritual Superfoods Difference to Top Buyers

VANCOUVER, BC, July 29, 2021 /PRNewswire/ - Rritual Superfoods Inc. ("Rritual" or the "Company") (CSE: RSF) (FSE: 0RW) (OTC: RRSFF) is excited to announce that the Company has been chosen to participate in the Kroger Natural & Organic Innovation Summit, a highly exclusive opportunity to meet with top buyers on a direct basis.

"Kroger, the top grocer in the USA, is holding a focused summit on natural & organic products in an effort to bring the best of the best to their customers, and we are thrilled that Rritual has been chosen to participate," said Mr. David Kerbel, Rritual Superfoods CEO and Director. "Our team has done a tremendous job, raising awareness within Kroger to put us in position to meet some 65 influential buyers and establish the Rritual brand as we advance our sales campaign to put our products within arm's reach of every consumer in the country."

The Kroger Co., operates 2,750 grocery retail stores, serving nearly 11 million customers a day across the United States. The Kroger Natural & Organic Innovation Summit is an exclusive event where approximately 65 buyers meet one on one with selected brands, including Rritual Superfoods, and where Rritual's sales team will have the opportunity to share in-depth knowledge on product characteristics and benefits and discuss the growing superfoods category. 

Rritual product offerings are all USDA-certified organic and are a caffeine-free option that can be mixed with other beverages or enjoyed by itself. Rritual's proprietary Immune-Synergy Six Mushroom Blend is the only functional health product on the market that contains a daily prebiotic blend which nourishes a healthy gut microbiome and facilitates balanced digestive function.

About Rritual

Rritual is a fast-growing functional superfood company that creates natural wellness products which support a holistic approach to a healthy lifestyle. The company is poised to dominate a segment where demand and sales are growing exponentially. Under the executive leadership with over 100 years of CPG pedigree, Rritual has launched distribution to major retailers and is positioning itself as a leader in the functional health and wellness industry as a superfood platform. Rritual markets organic wellness products in the United States through initial retail rollout which includes over 10,000 points of sale and through www.rritual.com.

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Functional Foods Market

According to Grandview Research*, it is estimated that the global functional food market is projected to reach $275 billion by 2025, growing at 7.9% each year with consumers putting more emphasis on health and wellness.

*https://www.grandviewresearch.com/press-release/global-functional-foods-market

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information

This news release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation (collectively, "forward-looking statements") that relate to Rritual's current expectations and views of future events. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, through the use of words or phrases such as "will likely result", "are expected to", "expects", "will continue", "is anticipated", "anticipates", "believes", "estimated", "intends", "plans", "forecast", "projection", "strategy", "objective" and "outlook") are not historical facts and may be forward-looking statements and may involve estimates, assumptions and uncertainties which could cause actual results or outcomes to differ materially from those expressed in such forward-looking statements. No assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this news release should not be unduly relied upon. These statements speak only as of the date of this news release. In particular and without limitation, this news release contains forward-looking statements relating to the Company's plans to leverage third party manufacturing and logistics, the Company's broader retail distribution plans and the Company's other plans, focus and objectives.

Forward-looking statements are based on a number of assumptions and are subject to a number of risks and uncertainties, many of which are beyond Rritual's control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to, the impact and progression of the COVID-19 pandemic and other factors set forth under "Forward-Looking Statements" and "Risk Factors" in the final long form prospectus of the Company dated February 26, 2021 and available under the Company's profile on SEDAR at www.sedar.com. Rritual undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law. New factors emerge from time to time, and it is not possible for Rritual to predict all of them or assess the impact of each such factor or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statement. Any forward-looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement.

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SOURCE Rritual Superfoods Inc.

FAQ

What is Rritual Superfoods participating in?

Rritual Superfoods is participating in the Kroger Natural & Organic Innovation Summit.

When did Rritual Superfoods announce their participation in the summit?

Rritual Superfoods announced their participation in the summit on July 29, 2021.

How many buyers will Rritual meet at the summit?

Rritual will meet approximately 65 influential buyers at the summit.

What products does Rritual Superfoods offer?

Rritual offers USDA-certified organic products, including their Immune-Synergy Six Mushroom Blend.

What is the expected growth of the functional food market?

The global functional food market is projected to reach $275 billion by 2025, growing at a rate of 7.9% annually.