SupplySide East Gathers Health & Nutrition Industry Leaders for Valuable Networking and Education to Fuel Product Innovation
MIAMI, April 16, 2024 (GLOBE NEWSWIRE) -- Smart for Life, Inc. (Nasdaq: SMFL) (“Smart for Life” or the “Company”), a leader in the Health & Wellness sector marketing and manufacturing nutritional foods and supplements, joins the list of sponsors for What’s Up with Supps in Weehawken NJ, taking place during SupplySide East commencing today.
More than 3,000 industry members are expected at this year’s SupplySide East, and the What’s Up with Supps industry networking event is the biggest networking event on the agenda. At the ‘Secret Garden Party,’ hundreds of top-level execs from top-tier brands, thought leaders, and industry disruptors will attend to foster connections, while raising funds for the global non-profit Vitamin Angels. With a commitment to pioneering health and wellness solutions, Smart for Life recognizes the importance of aligning with fellow innovators to elevate industry standards and redefine consumer experiences.
“Smart for Life realizes the importance of keeping up with industry trends while supporting the overall success of the health, wellness, and nutraceutical space,” stated Darren Minton, Chief Executive Officer of Smart for Life. “Sponsoring this prominent event aligns with our focus on developing a more connected, innovative industry while also benefitting a great cause in Vitamin Angels.”
Smart for Life recently added prominent industry executive Heather Granato to the Smart for Life advisory board. Ms. Granato is a tenured industry leader and board member for What’s Up with Supps. “As What’s Up with Supps looks to facilitate introductions among industry members, it’s an excellent opportunity to connect with innovative brands and creative thinkers,” Ms. Granato noted. “This is a natural alignment between two organizations that are seeking to support the growth of the natural products industry by supporting business investment.”
For more information please visit: https://whatsupwithsupps.com/.
About Smart for Life, Inc.
Smart for Life, Inc. (Nasdaq: SMFL) is engaged in the development, marketing, manufacturing, acquisition, operation and sale of a broad spectrum of nutritional and related products with an emphasis on Health & Wellness. Structured as a publicly held holding company, the Company is executing a Buy-and-Build strategy with serial accretive acquisitions creating a vertically integrated company. To drive growth and earnings, Smart for Life is developing proprietary products as well as acquiring other profitable companies, encompassing brands, manufacturing and distribution channels. The Company recently concluded the execution of a restructuring plan including recapitalization of the Company with equity and debt financings, the sale of certain non-performing assets, the sale and leaseback of the Company’s 18,000 sq. ft. Doral manufacturing facility and the successful liquidation of the Company’s senior debt facility. In addition, the Company converted substantial debt obligations to equity materially improving the Company’s balance sheet. The Company has signed a definitive agreement for the acquisition of Purely Optimal Nutrition, which is expected to add additional revenue and EBITDA. For more information about Smart for Life, please visit: www.smartforlifecorp.com.
Forward-Looking Statements
This press release may contain information about our views of future expectations, plans and prospects that constitute forward-looking statements. All forward-looking statements are based on management’s beliefs, assumptions and expectations of Smart for Life’s future economic performance, taking into account the information currently available to it. These statements are not statements of historical fact. Although Smart for Life believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. Smart for Life does not undertake any duty to update any statements contained herein (including any forward-looking statements), except as required by law. No assurances can be made that Smart for Life will successfully acquire its acquisition targets. Forward-looking statements are subject to a number of factors, risks and uncertainties, some of which are not currently known to us, that may cause Smart for Life’s actual results, performance or financial condition to be materially different from the expectations of future results, performance or financial position. Actual results may differ materially from the expectations discussed in forward-looking statements. Factors that could cause actual results to differ materially from expectations include general industry considerations, regulatory changes, changes in local or national economic conditions and other risks set forth in “Risk Factors” included in our filings with the Securities and Exchange Commission.
Disclaimer
The information provided in this press release is intended for general knowledge only and is not a substitute for professional medical advice or treatment for specific medical conditions. Always seek the advice of your physician or other qualified health care provider with any questions you may have regarding a medical condition. This information is not intended to diagnose, treat, cure or prevent any disease.
Investor Relations Contact
Crescendo Communications, LLC
Tel: (212) 671-1021
SMFL@crescendo-ir.com
