Good Natured Products Inc V.GDNP.H

Alternate Symbol(s): GDNPF

Chemicals Basic Materials

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 engineers and distributes a diverse range of bio-based products across various sectors, including grocery, restaurant, electronics, automotive, and pharmaceuticals. 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.H - Post by User

Good Natured Products Inc > BIO PET - so what?.....ohhhhhh.........

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Comment by EEasyMMoneyon Mar 18, 2021 5:13pm

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Post# 32829150

RE:BIO PET - so what?.....ohhhhhh.........

This is all about commercialization. Paul knows supply chain, Paul knows how to push product. And I trust that he understands his customer and his market.

GDNP isn't a science experiement in a lab ... it's about understanding your customers needs and selling your products to the widest market possible.

This is expanding GDNPs addressable market and putting more dollars in the revenue jar. and customers, while you're buying Bio-PET from us, can I interest you in some of our other SKUs? the cross-sell/up-sell opportunity.

dileas48s wrote: I admit that I did not understand the significance of the press release earlier this week.

When I read it, it felt a little bit like a step in the wrong direction. A bit of research has cleared things up for me.

First, here's a link to quick guide on recycling:

https://millerrecycling.com/plastics-recycling-numbers/

Next, On the GDNP FAQ page scroll down and select the option: 'What is Bio-PET?'

https://goodnaturedproducts.ca/pages/faq

If I understand correctly, this now enables GDNP's product to be stamped with a '1' symbol, where previously this was not the case. Meaning, the product is now far more accessible to blue box programs everywhere

Correct me if I'm wrong, but this should open quite a few opportunities for potential customers.