Smart for Life Releases Online Investor Fact Sheet

Rhea-AI Summary

Smart for Life, Inc. (Nasdaq: SMFL) announces heightened investor engagement through the launch of an online investor fact sheet, aiming to enhance transparency. CEO Darren Minton emphasized the company's potential growth within the nutraceutical industry, projected to reach $720 billion by 2027. Smart for Life is committed to a buy-and-build strategy for expansion, integrating manufacturing and broadening its brand portfolio, including Greens First and Sports Illustrated Nutrition. The fact sheet serves as a valuable resource for current and prospective investors.

Positive

• Launch of an online investor fact sheet to enhance transparency.
• The nutraceutical industry is projected to grow to $720 billion by 2027.
• Smart for Life's buy-and-build M&A strategy aims for significant growth.
• Expansion of brand portfolio includes reputable names.

Negative

• None.

Company Provides Additional Resources for Investors as it Increases its Awareness Initiatives

MIAMI, Aug. 12, 2022 (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, announced today the publication of a new online investor fact sheet.

"In line with our efforts to increase transparency and effectively keep the investment community apprised of our recent developments, we are pleased to release our online investor fact sheet," said Darren Minton, Chief Executive Officer of Smart for Life, Inc. "As stated in our material, the nutraceutical industry is highly fragmented and is experiencing significant growth - expecting to reach $720 billion in size by 2027. As an emerging public company employing a buy-and-build M&A strategy that is focused on vertical and horizontal integration of manufacturing facilities, in addition to expanding our growing portfolio of impressive brands such as Greens First, Smart for Life and Sports Illustrated Nutrition, we believe Smart for Life, Inc. is poised to benefit from the projected rapid expansion of these dynamic industry trends going forward."

The investor fact sheet provides a clear overview of Smart for Life’s business model and the company's growth potential, in addition to a great resource for both existing shareholders and prospective investors.

Smart for Life’s investor fact sheet can be viewed and downloaded by navigating to: www.smartforlifecorp.com/ifs.   

As the Company expands its awareness initiatives going forward, investors can also find the most current information and material through Smart for Life’s investor portal and can sign up for news alerts at: www.smartforlifecorp.com/investor-center/

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 & 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 within the next thirty-six months. 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/.

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 is Smart for Life's new initiative for investors on August 12, 2022?

Smart for Life launched an online investor fact sheet to improve transparency and communication with investors.

How is the nutraceutical industry projected to perform in the coming years?

The nutraceutical industry is expected to reach a size of $720 billion by 2027, indicating significant growth.

What is the stock symbol for Smart for Life?

The stock symbol for Smart for Life is SMFL.

What brands are included in Smart for Life's growing portfolio?

Smart for Life’s portfolio includes brands like Greens First, Smart for Life, and Sports Illustrated Nutrition.

What strategy is Smart for Life employing for growth?

Smart for Life is utilizing a buy-and-build merger and acquisition strategy to expand its operations and brand presence.