The Plant-based Food Revolution Has Begun – Feb 18, 2020 The Plant-based Food Revolution Has Begun – Feb 18, 2020
The hemp plant has over 50,000 uses. 50
thousand. In fact, in a recent Stockhouse article we even detailed its long history in human culture and its commercial viability and profitability as clothing and textile products. Today, the next generation of hemp-derived products has arrived to thunderous applause from consumers everywhere – plant-based foods.
Now, a Pitt Meadows, BC-based company established over a decade ago is positioned to provide, natural, nutritious, quality products focused on the incredibly versatile and environmentally sustainable hemp plant. And it’s a major market mover.
Naturally Splendid Enterprises Ltd. (
TSX-V:NSP,
OTCQB:NSPDF, FRA: 50N,
Forum) recently announced they will begin immediately manufacturing for
Little Tucker vegan snacks which are sold at approximately 1,500 retailer outlets across Canada, including Whole Foods, Sobeys, Circle K, Save On Foods, and Bulk Barn.
https://media.stockhouse.com/embed/bc7jo4ni2qqiob496zsb7kkzs9/1/medium Founded in 2015 by Calgary entrepreneur and health foods advocate
Laura Incognito, Little Tucker is a company that crafts healthy plant-based energy bites and treats. Little Tucker's products are made from nutritious and delicious ingredients sourced from around the world and are free of gluten, dairy, refined sugar, and preservatives. Since graduating from the District Ventures Accelerator program (Canada's leading accelerator for businesses in the food, beverage and health categories), Little Tucker has significantly grown sales and distribution nationally.
Jason Berenstein, Partner of District Ventures Capital commented on the deal. “Sales of plant-based alternatives are growing year over year. Our investment in Little Tucker was a result of us identifying the company as an emerging brand within the highly popular plant-based snack category and being led by a highly capable entrepreneur - Laura. We're optimistic for the future growth of the company.”
Naturally Splendid’s Vice President Bryan Carson added, "Little Tucker has been on our radar screen for a while. We look forward to supporting the growth of this plant-fueled line of healthy snacks. Prosnack continues to attract exceptional contract manufacturing clients and we look forward to announcing additional clients in the not too distant future".
"The Little Tucker team looks forward to working with Prosnack on manufacturing our current product lines as well as exploring future product development and launches, Little Tucker’s Laura Incognito explained. “Our philosophies are perfectly aligned. Little Tucker simply focuses on fueling your body with delicious food made from real ingredients.”
Naturally Splendid also recently
announced that it was expanding its sport bites marketing portfolio adding a partnership with Maple Leaf Junior Golf Tour.
Plant-based Foods: An Escalating Market Opportunity Hemp, and especially the plant-based food sector, is a not just an emerging, but an exploding mega-market. Among its myriad of multi-purpose uses, one of its most popular applications is as a food source. You can now find plant-based food products, such as hemp seeds, hemp seed oil, hemp milk, hemp tea, and even hemp infusion drinks in everyday grocery chains, not just specialty health food stores. And, of course hemp snacks.
The plant-based food market is still emerging but has arrived on several fronts. For example, since their IPO in May 2019, Beyond Meat Inc’s market cap neared a whopping US6 billion. The plant-based meat industry will grow exponentially over the next decade. Through Naturally Splendid’s branded product line, the Company is able to respond quickly to massive market opportunities. As a result, NSP is able to launch innovative and exciting new products in the evolving retail space, seizing increasing margins in the process.
Like many others in the plant-based foods space, Naturally Splendid has also experienced considerable growth over the past five years and was recently listed in the Hemp-Based Food Market Size and Forecast 2026 as one of the
Top 10 Companies in the
Global Hemp-Based Food Market Research Report:
- Compass Diversified Holdings
- Hempco
- Hemp Foods Australia
- Canopy Growth
- Naturally Splendid Enterprises
- Nutiva
- Agropro
- Nutiva
- Manitoba Harvest
- Braham & Murray
- GIGO Food
- Elixinol
- Mettrum Originals
- Jinzhou Qiaopai Biotech
https://media.stockhouse.com/embed/bcudmsxbuqo5eakr2j7lhmseg5/1/large 
https://media.stockhouse.com/embed/bdsch5htqxlymc0ylwseosat6c/1/large These outstanding hemp and plant-based products from Naturally Splendid bring together dozens of nutritional and medical benefits, along, targeting huge revenue potential many times greater than even that of the coffee industry.
Savvy investors know an intriguing investment opportunity when they see one, and this one may be right before
there eyes.
A recent Stockhouse Media Interview:
PROFIT! Craig Goodwin, CEO Naturally Splendid. Eps. 14 17 min www.naturallysplendid.com *****
“NSP is a very viable business without the Processor’s License!” *****
“Living in the sunshine” Always DYODD DKM