VANCOUVER, BC, April 2, 2022 /CNW/ – Yumy Candy Company Inc., (CSE: TYUM) (“Yumy” or the “Company”) is pleased to report that due to back-to-back sales of their delicious, low-sugar Better-For-You confections at Co-Op, the company has doubled future orders. Federated Co-operatives Limited has an extensive supply and distribution network across Western Canada. The federation has 160 members across the region and annual revenues of more than $10.7 billion. The cooperative has more than 23,000 employees and a loyal clientele that is encouraged to shop on its premises.
CEO and Founder, Erica Williams announced: “We are incredibly pleased with the company’s momentum this year. The back-to-back sales of our delicious gummies at Co-Op show that people are pushing to make healthier choices and we are one of the leading suppliers of these best-for – Your products. The steps we took earlier this year to increase capacity are paying off as our orders increase at many of our partner locations.”
Co-Op is a highly recognizable brand across Western Canada where they operate grocery stores, gas stations, etc. Since 2009, it has also been ranked among the most important cooperatives in Canada. Further away Erica Williams says, “Our company has been working to build a loyal and passionate customer base, which we also see with our Co-Op partners. Based on back-to-back sales, I see us building the same type of loyal customer base at Co-Op. Op and like all of our other retailers.”
YUMY CANDY COMPANY INC.
The Yumy Candy is an affordable, health-conscious plant-based, low-sugar candy company based in Vancouver, British Columbia and it has developed a portfolio of healthier non-gummy candies made from non-GMO ingredients with proprietary recipes. All of its products are free of gelatin, soy, gluten, tree nuts, dairy, eggs, sugar alcohols, artificial sweeteners and genetically modified organisms.
Caution Regarding Forward-Looking Information
Except for statements of historical fact, this press release contains “forward-looking information” within the meaning of applicable securities laws. The information in this press release regarding the future plans and objectives of the Company is forward-looking information. This forward-looking information is based on reasonable assumptions and estimates made by the Company’s management at the time it was made, and involves known and unknown risks, uncertainties and other factors that may cause results, actual performance or achievements of the Company are materially different from any future results, performance or achievements expressed or implied by such forward-looking information. These factors include, among others: general business, economic and social uncertainties; local and global economic and business uncertainties related to the COVID-19 pandemic; litigation, availability of key product ingredients, legislative, environmental and other legal, regulatory, political and competitive developments; the ability to effectively increase manufacturing and production capacity; the ability to obtain retail partners to distribute the Company’s products, the success of market initiatives and the ability to increase brand awareness; the ability to attract, maintain and expand relationships with key strategic suppliers; our ability to predict consumer taste preferences; delay or failure to receive regulatory approvals; the sufficiency of our liquidity to meet liquidity needs; such additional risks set forth in the Company’s public filings on SEDAR at www.sedar.com; and other matters discussed in this press release. Accordingly, the forward-looking statements discussed in this release may not occur and may differ materially due to these known and unknown risk factors and uncertainties affecting the Company. Although the Company believes that the assumptions and factors used in the preparation of forward-looking statements are reasonable, undue reliance should not be placed on such statements, which speak only as of the date of this press release, and no no assurance can be given that such events will occur within the time disclosed or not at all. Except as required by law, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
SOURCEYumy Bear Goods Inc.
For further information: Erica Williams, CEO, Phone: (604) 449-2026, Email: [email protected]