Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Naturally Splendid Enterprises Ltd V.NSP.H

Alternate Symbol(s):  NSPDF

Naturally Splendid Enterprises Ltd. is a Canada-based company, which develops and distributes healthy lifestyle foods and products. The Company owns Prosnack Natural Foods Inc. (Prosnack Natural Foods), a food manufacturing facility. Prosnack Natural Foods focusses on nutritional bars, Chii Naturally Pure Hemp, which is a retail line of hemp food products, while Pawsitive FX is a line of all natural balms for dogs. It has also developed technologies for the extraction of healthy omega three and six oils, as well as a protein concentrate from hemp. It focuses on manufacturing and distributing an extensive line of plant-based, meat-alternative entrees. It offers functional foods under brands, such as Natera Sport, Natera Hemp Foods, CHII and Elevate Me. It has several Company-owned brands featuring plant-based ingredients, including NATERA FX, Woods Wild mushroom fortified bars, Pawsitive FX for the canine market, and Timer’s Nutrition for the equestrian market, among others.


TSXV:NSP.H - Post by User

Comment by dontknowmuchon Sep 13, 2022 6:11pm
239 Views
Post# 34960577

RE:"It never was about the burger"

RE:"It never was about the burger"
dontknowmuch wrote: "It never was about the burger"
 
Recent # of Products Burgers Crumbed Sweet Chili Nuggets Schnitzels Phishy Garlic Crispy
Distributors Selected   Tenders Tenders     Fillets Kievs Burgers
Sysco 5 x 1 1 1 x x 1 1
Vegan Supply 5 x 1 1 1 1 x x 1
GFS 7 x 1 1 1 1 1 1 1
Greenbridge 8 1 1 1 1 1 1 1 1
    1 4 4 4 3 2 3 4

 
From  June 30, 2022 MD&A:


“The existing manufacturing facilities will be retrofitted to accommodate the new manufacturing lines to manufacture up to forty (40) food service, QSR, & retail-ready plant-based entrees and appetizers.”


“The company has identified three separate yet complementary revenue streams generated from plant-based manufacturing:

  • Plantein brand: The company will seek to list Plantein-branded products in both retail and foodservice outlets.
  • Private label: The company has access to over 30 plant-based entrees created by Flexitarian Foods that will create significant private label opportunities.
  • Contract manufacturing: In certain circumstances, Prosnack will manufacture for strategically selected contract manufacturing clients, producing their plant-based products in its facility.”


Food for thought
 
 
*****
Be safe!
 
*****

Living in the sunshine
Always DYODD
DKM




The following article arrived in an email from Food Business News Daily this morning after I wrote & posted the “It never was about the burger” post.


What do plant-based foods consumers want? 09.13.2022 By Donna Berry

A few excerpts from the article:

“Missing were many of the big-name plant-based meat and dairy players, as well as the more than a dozen processors that showcased plant-based versions of chicken nuggets at the 2021 expo. This observation was noted by speakers such as Meghan Barton, director of frozen for Kroger, Cincinnati, who said, “Duplication among brands is something to be mindful of.”

“Rather than duplicates, the plant-based consumer, which currently is mostly flexitarians who also eat animal products, is looking for variety.”


“Kate Holmstrom, director-business acceleration consulting for 84.51, Kroger’s research business unit, said consumers don’t want to be bored with more plant-based options of the same product. She also said Kroger’s research showed shoppers who have increased their purchase of plant-based foods have not eliminated animal-based products. It’s mostly incremental growth for the stores.”


“Ms. Barton explained that plant-based milks are here to stay. They are part of every retailer’s lineup and “are a point of entry for consumers into plant-based eating.” She also said that over time, with improvements in plant-based meats, she expects sales growth will mirror plant-based milks.”

A little more food for thought

 
*****
Be safe!
 
*****

Living in the sunshine
Always DYODD
DKM
 

<< Previous
Bullboard Posts
Next >>