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Good Natured Products Inc. V.GDNP

Alternate Symbol(s):  GDNPF

good natured Products Inc. offers an assortment of plant-based products made all, or in part, from the maximum possible amount of rapidly renewable resources. The Company’s segments include Industrial, Packaging, General Merchandise, Commercial Business Supplies, and Services. The Company is focused on making it easy and affordable for business owners and consumers to shift away from petroleum to better everyday products that use more renewable materials, less fossil fuel, and no chemicals of concern. Its operations are within the packaging and consumer goods manufacturing industry. It offers over 400 products and services through wholesale, direct to business and retail channels. It also offers direct purchasing through its own e-commerce platform in the United States and Canada and through Amazon and other third-party channels. It offers consumers, business owners and operators’ plant-based alternatives to everyday petroleum-based products that are being used in homes and businesses.


TSXV:GDNP - Post by User

Comment by HenoftheWoodson Jul 28, 2021 11:35pm
134 Views
Post# 33619345

RE:We need better information on competition

RE:We need better information on competition

Hi there Dileas48s,

You need more information on the competition?

Here's some:

Greendish

They're a division of Simor AG which itself is a division of Simor Industrial Solutions. 

SIMOR Industrial Solutions Ltd, is a supplier for Oil & Gas, Water, Locomotive parts and equipment. Total revenues of SIMOR Ltd is 16 millions with 73 employees.

Sure, they have a nice website, but I can't imagine they make more than a million on recyclable containers. They definitely don't seem vertically integrated and may well be a customer of GDNP for raw products.

MrtakeoutBags

Small family owned shop in Pittsburgh. Zoominfo says 9 employees and 4 millions in revenue.

Too small rot even mention as competition. Anyway, they mostly sell paper bags.

Bulk Mart

As the name implies they're just a distributor/reseller, like any store, that happens to carry a few recyclable packaging products in their warehouse.

OK. It's one thing to have a website, but another thing altogether to claim as you did:  "there's actually way more companies doing this than I thought (it's actually a little overwhelming).  To me, this is a good news / bad news story.  On the one hand there's a lot of space for us, but also a lot of competition."

You will not be surprised to learn I totally disagree with your "impression".

I'm long the stock (since earlier than nearly anyone posting on this board -check my messages here when the stock was 10 cts) and have been happily adding here while we consolidate gains before the next run up. What about you?

Cheers,

Hen

 





 

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