Komo Plant Based Foods to Launch in Whole Foods Market Retail Locations in Western Canada
January 13 2022 - 9:00AM
InvestorsHub NewsWire
Komo
Plant Based Foods to Launch in Whole Foods Market Retail Locations
in Western Canada
Vancouver,
B.C. - January 13, 2021 -- InvestorsHub NewsWire -- Komo Plant
Based Foods Inc. (CSE: YUM)
(OTCQB:
KOMOF)
(FRA:9HB) ("Komo"), a premium plant-based food company, is
pleased to announce all 7 Whole Foods Market retail locations in
Western Canada will begin carrying Komo Plant Based Comfort Foods.
Komo products are planogrammed to be on the shelves in all 7
stores
in early 2022. Whole
Foods has expanded to 6 stores within key neighbourhoods in the
greater Vancouver area and most recently opened a flagship store in
the capital city of Victoria on southern Vancouver
Island.
Whole Foods Market, Inc.
is
an American multinational supermarket
chain headquartered
in Austin,
Texas,
which sells organic foods and
products
free from hydrogenated fats and artificial colors, flavors, and
preservatives. Whole Foods seeks out the
finest natural and organic foods available, maintains the strictest
quality standards in the industry, and has an unshakeable
commitment to sustainable agriculture. Whole Foods has more than 500
retail and non-retail locations in the US, Canada and the United
Kingdom. It has 14 retail locations in
Canada, of which 7 are in British Columbia, and 7 are in
Ontario.
In 2017, Amazon purchased Whole
Foods Market for USD$13.7 Billion.
"Adding Whole Foods to our
distribution network is a huge accomplishment for Komo and
testament to the high quality of our products," says Komo CEO William White. "We are so
pleased with the growth in the number of retail stores that are
selling Komo products. We have to thank our sales broker,
Cornerstone Sales, our distributors, and our dedicated team for
this rapid growth. We are very excited about continuing to share
the love of plant-based foods through our aggressive growth
plans."
Komo has a distribution network
of 5 distributors covering all provinces in Canada, including BRR
Logistics, TransCold Distribution and Nationwide Natural Foods.
Komo significantly scaled up its production capacity through a
co-manufacturing arrangement last quarter, setting up Komo for
rapid expansion. Komo is now available in select IGA, Fresh Market
and Safeway locations, as well as all Choices Markets, all Nesters
Market locations, all Fairway Markets and all Nature's Fare
locations. Komo is now focused on expansion to the United
States.
About
Komo
Komo Plant Based Foods Inc. is a
premium plant-based food company that develops, manufactures and
sells a variety of plant-based frozen meals that are always hearty,
satisfying, and made with wholesome ingredients. At Komo, our
mission is to help make plant-based meals a staple on every dinner
table by sharing our love for feel-good food that connects the
people to the planet. We believe plant-based eating is the future
and - Change can start with a single biteTM.
Our experienced plant-based innovation and development team
recreates vegan versions of traditionally cheesy and meaty
classics, with 100% plants. Komo's products are sold
direct-to-consumer through our eCommerce website and a distribution
network of online and brick and mortar grocery, convenience and
natural retailer channels. Our operating subsidiary Komo Comfort
Foods launched in 2021 with our flagship products: plant-based
Lasagna, Shepherd's Pie and Chickenless Pot Pie and has recently
launched a new line - Komo Plant-Based Meal
HelpersTM
- versatile meal starters to
allow the creation of many dishes at home. All of our products are 100%
plant-based, made with wholesome ingredients, free from
preservatives, and frozen for freshness. Freezing products is a natural and effective
way of keeping food products for longer without having to use any
preservatives. Komo's meals have a 1-year frozen shelf life. Komo
also sells hot ready-to-eat meals in Metro Vancouver through Uber
Eats and Skip the Dishes.
Learn more at: www.komocomfortfoods.com
and follow on Instagram:
@komocomfortfoods
For further information, please
contact:
William White, President &
CEO, Komo Plant Based Foods Inc.
will@komoeats.com
1-866-969-0882
The Canadian Securities Exchange
has not reviewed, approved or disapproved the contents of this news
release.
Cautionary
Statement Regarding Forward-Looking Statements
Certain
statements contained in this press release constitute
forward-looking information. These statements relate to future
events or Komo's future performance. The use of any of the words
"could", "expect", "believe", "will", "projected", "estimated" and
similar expressions and statements relating to matters that are not
historical facts are intended to identify forward-looking
information and are based on Komo's current belief or assumptions
as to the outcome and timing of such future events. Actual future
results may differ materially. In particular, Komo's product
development plans, its ability to launch its products on food
delivery apps, its ability to retain key personnel, its revenues,
and its expectation as to the acceptance of its products by
retailer stores and consumers constitute forward-looking
information. Actual results and developments may differ materially
from those contemplated by forward-looking information. Readers are
cautioned not to place undue reliance on forward-looking
information. The statements made in this press release are made as
of the date hereof. Komo disclaims any intention or obligation to
publicly update or revise any forward-looking information, whether
as a result of new information, future events or otherwise, except
as may be expressly required by applicable securities
laws.
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