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Smart for Life Releases Chairman’s Video Report

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Smart for Life, Inc. (Nasdaq: SMFL) released a video report by Founder and Chairman A.J. Cervantes, Jr., outlining the company's progress in the past year and its future outlook. The video discusses key achievements, acquisitions, and the company’s growth initiatives, including a pipeline for acquisitions and breakeven metrics. Smart for Life aims to generate $300 million in revenues by Q4 2026 through strategic acquisitions and product development. The report contains forward-looking statements regarding the company's projected growth and opportunities in the Health & Wellness sector. For detailed insights, access the video report here.

Positive
  • Smart for Life targets $300 million in revenue by Q4 2026 through acquisitions and product innovation.
  • The company showcased significant achievements and acquisitions in the last year, indicating strong growth potential.
Negative
  • None.

A.J. Cervantes, Jr., Founder and Chairman, Discusses Company’s History, Present Status and 2023 Outlook

BOCA RATON, Fla., April 03, 2023 (GLOBE NEWSWIRE) -- Smart for Life, Inc. (Nasdaq: SMFL) (“Smart for Life” or the “Company”), a high growth global leader in the Health & Wellness sector marketing and manufacturing nutritional foods and supplements worldwide, today announced the release of a video report provided by the Company’s Founder and Chairman.

The unscripted and candid video report provides an overview of the Company's activities during the past year, including significant developments and achievements, as well as updated information on the Company’s most recent acquisitions and products. In addition, the video report will delve into the Company’s future initiatives, including its acquisition pipeline, engagement of buyside professionals, and anticipated breakeven metrics. As a result, the video report will contain various forward-looking statements on the Company's future prospects and growth opportunities.

To access the report, click on this link: www.smartforlifecorp.com/2023/04/02/chairmans-video-report.

About Smart for Life, Inc.

Smart for Life, Inc. (Nasdaq: SMFL) is engaged in the development, marketing, manufacturing, acquisition, operation and sale of a broad spectrum of nutritional and related products with an emphasis on health and wellness. Structured as a publicly held global holding company, the Company is executing a Buy-and-Build strategy with serial accretive acquisitions creating a vertically integrated company with an objective of aggregating companies generating a minimum of $300 million in revenues by the fourth quarter of 2026. To drive growth and earnings, Smart for Life is developing proprietary products as well as acquiring other profitable companies, encompassing brands, manufacturing and distribution channels. The Company currently operates five subsidiaries including Doctors Scientific Organica, Nexus Offers, Bonne Santé Natural Manufacturing, GSP Nutrition and Ceautamed Worldwide. For more information about Smart for Life, please visit: www.smartforlifecorp.com.

Video regarding the Company’s manufacturing facility at Bonne Santé Natural Manufacturing is available at: www.bonnesantemanufacturing.com/video.

Investor material and a Fact Sheet with additional information about Smart for Life is available at: www.smartforlifecorp.com/investor-center.

The company’s previously issued letter to shareholders is available at: https://smartforlifecorp.com/2023/01/12/smart-for-life-ceo-issues-year-end-letter-to-shareholders/

Forward-Looking Statements

This press release may contain information about our views of future expectations, plans and prospects that constitute forward-looking statements. All forward-looking statements are based on management’s beliefs, assumptions and expectations of Smart for Life’s future economic performance, taking into account the information currently available to it. These statements are not statements of historical fact. Although Smart for Life believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. Smart for Life does not undertake any duty to update any statements contained herein (including any forward-looking statements), except as required by law. No assurances can be made that Smart for Life will successfully acquire its acquisition targets. Forward-looking statements are subject to a number of factors, risks and uncertainties, some of which are not currently known to us, that may cause Smart for Life’s actual results, performance or financial condition to be materially different from the expectations of future results, performance or financial position. Actual results may differ materially from the expectations discussed in forward-looking statements. Factors that could cause actual results to differ materially from expectations include general industry considerations, regulatory changes, changes in local or national economic conditions and other risks set forth in “Risk Factors” included in our filings with the Securities and Exchange Commission.

Disclaimer

The information provided in this press release is intended for general knowledge only and is not a substitute for professional medical advice or treatment for specific medical conditions. Always seek the advice of your physician or other qualified health care provider with any questions you may have regarding a medical condition. This information is not intended to diagnose, treat, cure or prevent any disease.

Investor Relations Contact

Crescendo Communications, LLC
Tel: (212) 671-1021
SMFL@crescendo-ir.com


FAQ

What are Smart for Life's growth targets for 2026?

Smart for Life aims to generate $300 million in revenues by Q4 2026.

Who is the founder of Smart for Life?

A.J. Cervantes, Jr. is the Founder and Chairman of Smart for Life.

What does Smart for Life specialize in?

Smart for Life specializes in nutritional foods and supplements in the Health & Wellness sector.

Where can I access the video report by Smart for Life's Chairman?

The video report can be accessed at www.smartforlifecorp.com/2023/04/02/chairmans-video-report.

SMART FOR LIFE INC

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