Two Hands Corporation: Elevating Canada's Micro Merchant Wholesaler Landscape

Rhea-AI Summary

Two Hands Corporation (TWOH) proudly announces a significant initiative to revolutionize the micro food merchant wholesaler sector in Canada. The strategy involves consolidating vulnerable micro food merchant wholesalers and equipping them with comprehensive infrastructure, including warehousing, distribution, logistics, digital solutions, and inventory financing. This initiative targets over 2600 micro merchant wholesalers across Canada, particularly those with annual sales between $1.5M to $5M. Two Hands Corporation is dedicated to ensuring the growth and stability of these critical businesses in the Canadian economy. Additionally, the company has collaborated with Sports Illustrated Nutrition, a Smart for Life company, to introduce a new line of protein bars to the Canadian marketplace, emphasizing their commitment to enhancing dietary choices and supporting the growth and diversification of micro merchant wholesalers. As Two Hands Corporation continues to expand, their financial growth reflects a positive trend, with rising revenues and gross profits stabilizing at industry benchmarks.

Positive

• Revolutionizing the micro food merchant wholesaler sector in Canada
• Collaboration with Sports Illustrated Nutrition to introduce a new line of protein bars to the Canadian marketplace
• Positive financial growth with rising revenues and gross profits stabilizing at industry benchmarks

Negative

• None.

TORONTO, ON / ACCESSWIRE / November 27, 2023 / Two Hands Corporation (CSE:TWOH)(OTC PINK:TWOH), a leader in the Canadian food industry, proudly announces a significant initiative to revolutionize the micro food merchant wholesaler sector. This strategy involves consolidating vulnerable micro food merchant wholesalers and equipping them with comprehensive infrastructure, including warehousing, distribution, logistics, digital solutions, and inventory financing.

This initiative targets over 2600 micro merchant wholesalers across Canada, particularly those with annual sales between $1.5M to $5M. Two Hands Corporation is dedicated to ensuring the growth and stability of these critical businesses in the Canadian economy.

Expanding the Canadian Market with Sports Illustrated Nutrition:

A major highlight of our collaborations is with Sports Illustrated Nutrition, a Smart for Life company. This partnership marks the introduction of a new line of protein bars to the Canadian marketplace.

This product line represents a significant step in seeding the Canadian market with high-quality, health-conscious snack options. The collaboration with Sports Illustrated Nutrition emphasizes our commitment to not only enhancing the dietary choices available to Canadians but also to supporting the growth and diversification of micro merchant wholesalers in the country.

As Two Hands Corporation continues to expand, our financial growth reflects this positive trend, with rising revenues and gross profits stabilizing at industry benchmarks.

About Two Hands Corporation

Two Hands Corporation (CSE:TWOH)(OTC PINK:TWOH) is a Canadian-based distribution company, primarily operating through the Cuore Food Services brand. We offer a wide array of products ranging from produce, meats, pantry items, bakery & pastry goods, gluten-free, and organic items, sourced from diverse suppliers in Canada and internationally. For more information about Two Hands Corporation, please visit: www.twohandsgroup.com

Investor Relations Contact for Two Hands Corporation

Two Hands Corporation
IR@twohandsapp.com

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 Two Hands Corporation future economic performance, taking into account the information currently available to it. These statements are not statements of historical fact. Although Two Hands Corporation 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. Two Hands Corporation 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 Two Hands Corporation 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 Two Hands Corporation'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.

SOURCE: Two Hands Corporation
via PRISM Mediawire, LLC

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FAQ

What is the significant initiative announced by Two Hands Corporation (TWOH)?

Two Hands Corporation proudly announces a significant initiative to revolutionize the micro food merchant wholesaler sector in Canada.

How many micro merchant wholesalers does the initiative target and what are the annual sales criteria?

The initiative targets over 2600 micro merchant wholesalers across Canada, particularly those with annual sales between $1.5M to $5M.

Who did Two Hands Corporation collaborate with and what is the product line introduced?

Two Hands Corporation collaborated with Sports Illustrated Nutrition, a Smart for Life company, to introduce a new line of protein bars to the Canadian marketplace.

What does the financial growth of Two Hands Corporation reflect?

The financial growth reflects a positive trend, with rising revenues and gross profits stabilizing at industry benchmarks.