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The Gummy Project details recent successes and expansion plans

Maor Kagan, The Market Herald
0 Comments| June 2, 2023

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  • The Gummy Project has successfully launched four product variations, including two flavors (Peachy Bees and Watermelon Sharks) and two package sizes (50 g and 10 g), in over 70 retailers across British Columbia
  • The company’s gummies are available in hotel room mini-bars in the U.S. and Canada, on an international airline’s menu for purchase, and in the retail shops of North America’s largest passenger ferry system
  • The company’s growth strategy includes engaging additional national distributors in Canada and the U.S., and exploring opportunities for new product development in the health and wellness sector
  • The Gummy Project Stocks (CSE:GUMY) opened today at $0.025

The Gummy Project has announced various updates on its corporate and operational activities.

Currently, the company has successfully introduced four product variations, featuring two flavors (Peachy Bees and Watermelon Sharks) and two package sizes (50 g and 10 g), into over 70 retailers across British Columbia.

The company has achieved notable sales milestones, having sold out all 8,500 units of its 10 g Peachy Bees, primarily to a luxury hotel chain. Additionally, its gummies are:

  • Being sold in hotel room mini-bars in the U.S. and Canada
  • Featured on an international airline’s menu for purchase
  • Available in the retail shops of North America’s largest passenger ferry system

The company has sold more than 3,300 units of 50 g Peachy Bees and over 3,400 units of 50 g Watermelon Sharks.

To drive further growth, The Gummy Project aims to engage additional national distributors in Canada and the United States, target more hotel and airline customers, enhance brand awareness through celebrity ambassadors and influencers, and implement strategic marketing campaigns.

Moreover, the company plans to explore the development and commercialization of new products in the health and wellness sector.

The Gummy Project is dedicated to providing low-sugar, plant-based gummy products while supporting endangered keystone species and ecosystems.

The Gummy Project (CSE:GUMY) opened today at $0.025.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.





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