VANCOUVER, Dec. 6, 2017 /PRNewswire/ - Global Gardens
Group Inc. (the "Company") (TSXV: VGM) is pleased to announce the arrival of its proprietary "Veggemo" non-dairy
vegetable based milk line onto retailer store shelves in China.
To-date eight containers of Veggemo have been shipped to China with an additional two
containers to ship out by year end. Six of the containers have made it into stores in support of customer demand. To
highlight a few important retailers:
- BHG Market Place – an upscale supermarket with stores across mainland China. BHG carries an extensive product
selection including produce and organic products.
- FamilyMart – One of the largest chains in China with franchised convenience stores
covering all major markets like Shanghai, Beijing and
Guangzhou.
- Ole Supermarkets – High end stores focusing on fashion, consumer products and exotic fresh fruits and vegetables.
Targeting a white collar customer, 70% of product in-store is imported.
Warren Spence, CEO V-Power (China) states "these well-known
and targeted retailers play an important role in establishing the Veggemo footprint in China. BHG and Ole have a premium
shopper who desire healthy products. Furthermore, imported products, especially from trusted markets like North America, are in demand. Additionally, the on-line and convenience store market in China continues to boom* as time starved consumers look for convenience. Veggemo's availability in
FamilyMart provides the outlets to reach them." Mr. Spence continues, "Veggemo has arrived in about 250 stores to-date and
we will reach over 800 stores in China by mid 2018."
* http://www.cnbc.com/2016/11/30/chinas-convenience-store-segment-booms-7-eleven-familymart-ones-to-watch-bain.html
About Veggemo
The Veggemo product line is the dairy alternative originating from vegetables and is Global Garden Group's (VGM) showcase
product for the dairy-free industry. Veggemo is available in 3 varieties: Original, Unsweetened and Vanilla flavors. Our
proprietary blend of pea protein, tapioca and potatoes create a smooth and delicious blend. The Dairy-free industry
continues to witness dynamic growth led by consumer demand for plant-based food and beverages.
Ab out Global Gardens Group
Global Gardens Group is comprised of a highly experienced management team and board that have provided senior leadership to
many consumer brands, corporate finance companies and Canadian investment banks. This list includes Neilson Dairy, Ben
& Jerry's and Haagen Dazs Ice Cream, Gillette, P&G, Cadbury Schweppes, Sunkist, Primo Pasta, Price Waterhouse Coopers,
Desjardins Securities Inc., Orion Securities Inc., Vengate Capital, HSBC Securities Inc. and Gordon Capital.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Global Gardens Group Acquisition Corp.