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MODERN PLANT BASED FOODS ANNOUNCES UPDATE TO MODERN MEAT KAVIAR

C.MEAT

CSE – MEAT

VANCOUVER, BC, Jan. 15, 2024 /CNW/ - Modern Plant Based Foods Inc (CSE: MEAT) ("Modern" or the "Company") is setting a new standard in the world of gourmet cuisine with its "Vegan Kaviar" line, available in Salmon, Wasabi, and Beluga flavors. This innovative product range not only offers a luxurious taste experience but also serves as an affordable alternative to traditional, high-cost caviar, effectively filling a significant gap in the market.

Modern Plant Based Foods Logo (CNW Group/Modern Plant Based Foods Inc.)

Crafted with the finest plant-based ingredients, each flavour in the Vegan Kaviar line is meticulously designed to replicate the texture and nuanced flavours of conventional caviar. The three variants cater to a diverse range of palates:

  • Vegan Salmon Caviar: A sustainable and affordable alternative to traditional salmon roe, perfect for classic caviar enthusiasts.
  • Vegan Wasabi Caviar: Combining the sophistication of caviar with a wasabi twist, this flavor offers a unique culinary experience at a fraction of the cost of similar gourmet products.
  • Vegan Beluga Caviar: This variant emulates the luxurious and highly sought-after Beluga caviar, providing an ethical and cost-effective option for gourmet dining.

"With our Vegan Caviar line, we aim to bridge the gap in the market for affordable luxury," states Avtar Dhaliwal, CEO of Modern Plant-Based Foods. "Our products are designed for those who seek the finesse of high-end caviar without the extravagant cost, aligning with our commitment to sustainable, accessible, and ethical food choices."

This range is perfect for adding a touch of elegance to any dish, from gourmet recipes to everyday meals, making luxury dining an accessible experience for all. Available in select gourmet stores and online, Modern Plant-Based Foods' Vegan Caviar is a game-changer in the plant-based industry.

About Modern Plant-Based Foods

Modern Plant-Based Foods is a Canadian food company based in Vancouver, B.C., that offers a portfolio of plant-based products, including meat- and dairy-free alternatives, soups, and vegan snacks. Its products are available at select restaurants and retailers across Canada, including its own Modern Wellness bars located in Vancouver. The company takes a holistic approach to plant-based living and understands the importance of providing nutritious and sustainable alternatives to consumers without sacrificing taste. The company wants people to feel good about the food they eat which is why the company is deliberate in choosing ingredients free of soy, gluten, nuts, and GMOs (genetically modified organisms).

The company's mission is to change the way food is produced and consumed for the benefit of people, animals, and the environment by using natural plant-based ingredients.

On behalf of Modern Plant Based Foods Inc.

This press release contains statements that constitute "forward-looking information" (collectively, "forward-looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Forward-looking statements contained in this press release include, without limitation, statements regarding: the terms, conditions, and completion of the Acquisition; and the business and operations of the Company upon completion of the Acquisition. In making the forward- looking statements contained in this press release, the Company has made certain assumptions, including that: all applicable corporate, shareholder, and regulatory approvals for the Acquisition will be received; all conditions to closing in the Share Exchange Agreement will be met; and there would not be changes in the conditions under which the Acquisition would complete, including regulatory changes or the operating environment for the Company upon completion of the Acquisition. Although the Company believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurance that the expectations of any forward-looking statements will prove to be correct. Known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: the Acquisition may not close on the terms or timeline as currently contemplated, or at all; delay or failure to receive board, shareholder or regulatory approvals; and general business, economic, competitive, political and social uncertainties and economic risks. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this press release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise.

SOURCE Modern Plant Based Foods Inc.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/January2024/15/c3554.html