TORONTO, March 28, 2016 /CNW/ - GreenSpace Brands Inc. ("GreenSpace" or the "Company") (TSX.V:JTR), a developer and seller of premium natural food products, today announced the Company has increased the distribution of the Company's Love Child Organics products through both category expansion and significant retail store expansion at one of Canada's largest grocery retailers.
Since GreenSpace completed the acquisition of Love Child Organics in October, 2015, Love Child has launched Canada's first range of plant-based organic savory baby food in a spouted pouch. These Veggie Protein Pouches come in four delicious gluten free flavours. Product is expected to land on shelves across Canada beginning early April 2016.
Beginning in March 2016, Love Child has also gained significant product assortment and distribution with Loblaw Companies Ltd. This expansion has over doubled the product assortment to 25 products, including the addition of the successful snacking line. These changes have also provided a tripling in store distribution. Love Child Organics is now available in over 700 Loblaw retail locations across the country.
"Our ability to acquire distinctive, high-quality brands coupled with our retail capabilities allows GreenSpace to quickly add-value and grow the brand," said Matthew von Teichman, President and CEO of GreenSpace Brands Inc. "Having Love Child Organics as part of GreenSpace Brands' product portfolio allows us to continue to bring innovative, nourishing choices to parents while rolling out additional ranges of baby-food products."
About Love Child Organics
In a world of health conscious parents and confusing ingredient labels, Love Child Organics was launched in 2013, on the promise of delivering truly healthy, organic baby and children's food products. With Leah's homemade recipes in hand, Love Child Organics was born with the hope that all children could have access to truly honest, pure and delicious organic food that would include as many nutritionally-rich and natural ingredients as possible. Since then Love Child Organics has grown with incredible speed, with now over 30 purees and snacks on shelf across the country in both natural food stores and in Canada's largest mass retailers. As the brand reaches new heights, founders Leah and John Garrad-Cole continue to create only the highest quality organic baby and children's food, and lead the brand with a sense of social responsibility, making a difference on larger scale. For more information, visit www.lovechildorganics.com.
About GreenSpace Brands
GreenSpace is a Canadian-based developer, marketer and seller of premium natural food products to consumers across Canada. GreenSpace's brands include Rolling Meadow Dairy (Canada's first grass fed dairy line), Life Choices (a line of premium convenience grass fed and premium meat products), Nudge (a line of family favourite foods made better), Holistic Choice (a premium natural pet food line), Central Roast (an all-natural line of healthy nuts and mixes) and Love Child Organics (a producer of 100% organic food for infant and toddlers made with pure and nutritionally-rich ingredients). GreenSpace's brands are distributed nationally in Canada in a wide variety of natural and mass retail grocery locations. For more information, visit www.greenspacebrands.ca.
Forward Looking Information
Certain statements in this press release may constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements include, but are not limited to, statements made under the heading "Outlook" and other statements concerning the Company's 2016 objectives, strategies to achieve those objectives, as well as statements with respect to management's beliefs, plans, estimates, and intentions, and similar statements concerning anticipated future events, results, circumstances, performance or expectations that are not historical facts. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "outlook", "objective", "may", "will", "expect", "intend", "estimate", "anticipate", "believe", "should", "plans" or "continue", or similar expressions suggesting future outcomes or events. Such forward-looking statements reflect management's current beliefs and are based on information currently available to management. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those contemplated by such statements. Factors that could cause such differences include the cyclical nature of the construction and agriculture industries, changes in general economic conditions and interest rates, adverse weather, cost and availability of materials used to manufacture the Company's products, competitive developments, as well as other risk factors included in this MD&A under the heading "Risks and Uncertainties" and as described from time to time in the reports and disclosure documents filed by the Company with Canadian securities regulatory agencies and commissions. This list is not exhaustive of the factors that may impact the Company's forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the Company's forward-looking statements. As a result of the foregoing and other factors, no assurance can be given as to any such future results, levels of activity or achievements or levels of dividends and neither the Company nor any other person assumes responsibility for the accuracy and completeness of these forward looking statements. The factors underlying current expectations are dynamic and subject to change. Although the forward-looking information contained in this MD&A is based upon what management believes are reasonable assumptions, there can be no assurance that actual results will be consistent with these forward-looking statements. Certain statements included in this MD&A may be considered "financial outlook" for purposes of applicable securities laws, and such financial outlook may not be appropriate for purposes other than this MD&A. All forward-looking statements in this MD&A are qualified by these cautionary statements. The forward-looking statements contained herein are made as of the date of this MD&A and except as required by applicable law, the Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
SOURCE GreenSpace Brands Inc.
For further information: Joanna Longo, Terre Partners, (416) 238-1414 ext 233, [email protected]