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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. The Company 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.


TSXV:NSP.H - Post by User

Post by dontknowmuchon Jan 06, 2022 3:53pm
157 Views
Post# 34290434

Building the client base

Building the client baseBack on Dec 15th when the DirectFood.store arrangement was announced I got side tracked by dufus and his red herring comment about delivering to 2.8 million people.
 
Not Goodwin, not Carson, not me, no one was saying that this would be a million $ revenue stream for NSP, but there are definitely some positives about it: 
  • more exposure of Natera brand – another company’s social media where Natera is mentioned/promoted/sold
  • pricing at retail same as NSP website AND delivery to Greater Vancouver customers currently includes free shipping;  they have some interesting “local” items that can be ordered at the same time as Natera products
  • they have increased their delivery days to three per week
  • margins for NSP higher with DirectFood.store than when a distributor involved
  • DirectFood.store is expanding to Victoria on Vancouver Island and to their first location outside of Canada in South Carolina soon - so the business model would appear to be showing positive signs in the Greater Vancouver market
  • they deliver to restaurants as well as individuals – easy for small restaurant to add Natera plant based products to their menu
 
I liked “Canucopes” comment building the client base; that’s exactly what NSP is doing :<)
 
As stated a couple times before:   IMO once the manufacturing equipment is installed/operational I believe they can definitely land a Sobey’s type contract AND will head east. 
 
*****
Be safe!

*****

Living in the sunshine
Always DYODD
DKM
 
 
Articles:
 
Fraser Valley startup makes farm-to-table food more accessible to locals - Mar 30 2021
… DirectFood.store is part of i-Open Group and started as a division of Wisebox Solutions — a tech firm that has been building business process software and e-commerce solutions for over two decades. Last year, the company was awarded a $1 million co-investment by the Digital Technology Supercluster program.
 
40 Percent of Residents in British Columbia Under Age 35 Are Vegan or Vegetarian - Sept 1, 2019
 
VEGAN STATISTICS IN 2021 (CANADA) - November 18, 2021

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