Global Gardens to Sell Veggemo in 279 More Locations

advertisement
VEGGEMO INCREASES CANADIAN DISTRIBUTION BY 279 ADDITIONAL LOCATIONS
Vancouver, BC, November 25, 2015 – Global Gardens Group Inc. (the "Company") (CSE: VGM)
following the Company’s November 5, 2015 announcement of the Canadian launch of its proprietary
“Veggemo” non-dairy vegetable based beverage line, Global Gardens Group is pleased to further
announce that it has extended the distribution of Veggemo by 279 additional locations to include
Walmart Supercenters, London Drugs and Thrifty Foods thus securing a national footprint.
Global Gardens Group CEO Rob Harrison states: “We are very excited to announce we have shipped
Veggemo to Walmart for placement into approximately 175 Walmart Supercenters across Canada.
Furthermore, Thrifty Foods has listed Veggemo at each of its 26 locations in British Columbia and
London Drugs in their 78 stores across Western Canada. This distribution extends the in-store listings
previously secured at popular banners like Calgary Coop, IGA Market Place, Metro Quebec, Save-OnFoods, Price Smart and Urban Fare. Having Veggemo in some of the biggest retailers in the country
already is a wonderful testament to our product and our team and I truly feel that this is only the
start.”
Mr. Harrison continues: “we continue to secure great support from Canadian retailers as Veggemo’s
delicious taste, innovative vegetable based positioning and playful character is being well received.
The launch of Veggemo in Canada is the first step in the Company’s comprehensive North American
rollout marketing strategy. The non-dairy beverage industry is over a $2 billion market in North
America alone and has been the fastest growing category in Canada throughout 2013 and 2014, with
the global market projected to reach $20 billion by 2020. Our goal is to become a global household
brand and excite consumers to make healthy choices from the inside-out with the world’s first
vegetable based alternative dairy product. The company is only at its infancy and we’re excited to
showcase our growth over the coming months.”
About Veggemo
The Veggemo product line is the first and only non-dairy beverage to originate from vegetables and
is Global Garden Group’s (VGM) showcase product for the dairy-free industry. Veggemo is
available in 3 variants: Original, Unsweetened and Vanilla flavors. Veggemo was recently named
2015 Grocery top 10 innovative new product by Grocery Innovation Canada. The Dairy-free
industry continues to witness dynamic growth led by the development of plant-based food and
beverages.
Driven by shifting consumer behavior Health & Wellness food and beverage companies have
become a popular acquisition target for many multi-national corporations. Most recently Vega, the
provider of plant-based shakes and supplements, was successfully sold to WhiteWave Foods for
$550 million representing a 5.5x revenue multiple.
About Global Gardens Group
Global Gardens Group is comprised of a highly experienced management team and board that have
provided senior leadership to many consumer brands including: Neilson Dairy, Ben & Jerry’s and
Haagen Dazs ice cream, Gillette, P&G, Cadbury Schweppes, Sunkist, Dole, Primo pasta and Lululemon.
For further information, please contact:
Investor Relations
Transcend Capital Inc.
Etienne Moshevich
T: 604.681.0084
E: et@transcendcapitalinc.com
Download