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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 Sep 16, 2022 12:59am
367 Views
Post# 34966119

Behind the scenes – prequel

Behind the scenes – prequel 
I went back and reviewed the clients we were made aware of in 2021 and prior to this spring’s trade shows.  Here is a summary:
 
Meridian Farm Markets - Jan 7, 2021
Product listing

**

Denny’s - Oct 29, 2021
Product Listing
Plantein Crumbed Tenders Appetizer (5)
Plantein Plant-Based Nuggets Appetizer (4 or 8)
 


**

Sealand Quality Foods - Nov 9, 2021
Product listing

**

DirectFood.store - Dec 15, 2021
Product listing

**

**************************************************************************************************************
 
This spring NSP management presented the PlanteinTM product at the following shows:
Canadian Health Food Tradeshow - Apr 21, 2022
Grocery Specialty Foods Trade Show - May 4, 2022
Planted Expo Vancouver - June 3, 2022 
 
Since these 3 trade shows we have been told about the following six clients that I listed in the Behind the Scenes post:
 
Plantein Foods is now available at Donald's Market in Vancouver BC, Canada.
Plantein Foods are now available at both VeganSupply locations in Vancouver & Surrey
Plantein Foods is now available at both locations of The Vegetarian Butcher in Vancouver & Kelowna.
Plantein Foods is now available at both Pomme Natural Market locations in Port Coquitlam and Nanaimo BC.
Plantein Foods are now available at Whistler's Creekside Market in Whistler, BC Canada!
Plantein Foods are now available at both Stong's Market locations in Vancouver & North Vancouver, BC Canada!
 
I suspect there are more to come :<)
 
June 10, 2022 - Naturally Splendid VP Mr. Bryan Carson states, “As we are actively working our sales efforts on FoodService and Retail nationally, we didn’t want to lose sight of creating some local excitement about our products.  The Greater Vancouver Region has over 2.5 million consumers, and this Expo is a low-cost way to target the plant-based consumer; as part of the show, we teamed up with Directfoods.com to get our products home-delivered.  With everything being local and with Directfoods.com delivery, we reduce our packaging costs significantly.  The response from attendees at Planted Expo has been exceptional.  The Company has been receiving orders online since the show started on Saturday, and we look for growth opportunities for the business everywhere.” 


August 29, 2022 - Naturally Splendid CFO Mr. George Ragogna stated, "We are continuing to implement our plan focused on our plant-based opportunities, most notably PlanteinTM Plant-Based Foods. With most Covid restrictions now removed, we have been able to meet clients face to face at several trade shows after a multi-year hiatus, to promote the launch of our PlanteinTM retail line while developing national distribution and sales relationships. Responses from the trade shows have been overwhelmingly positive, resulting in multiple new accounts as well as building the foundation for many new business opportunities. The plant-based market is maturing, and consumers are demanding higher quality products, most notably beginning with taste. Feedback from these recent tradeshows has confirmed we have amongst the best tasting plant-based products available in the Canadian market, and demand for our PlanteinTM line continues to gain traction."
 
I checked the Planted Expo site and found this statement:

Over 10,000 attendees walked through our doors at Planted Expo Vancouver!
 
No I am not suggesting that every single one of those over 10,000 attendees got to test the PlanteinTM product, loved it, will be buying it and continue to do so.   I am suggesting that every one of them made the effort to attend the show and look for products that they would buy/eat.  So if they did taste the PlanteinTM product & liked it they will probably make the effort to find where they can buy the product.  Carson & Ragogna’s comments tend to bear that out. 
 
Here is a 1:29 video of a sampling of Planted Expo attendee responses: 

https://youtu.be/BJUsq_QDfG8.
 
A little more food for thought
 
*****

Be safe!
 
*****

Living in the sunshine
Always DYODD
DKM

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