17:41:19 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



Gummy Project Inc (The)
Symbol GUMY
Shares Issued 122,501,564
Close 2022-09-06 C$ 0.02
Market Cap C$ 2,450,031
Recent Sedar Documents

Gummy Project starts second production run

2022-09-06 13:20 ET - News Release

Mr. Charlie Lamb reports

THE GUMMY PROJECT ANNOUNCES COMMENCEMENT OF SECOND PRODUCTION RUN OF PEACHY BEES AND WATERMELON SHARKS IN PREPARATION FOR STRATEGIC EXPANSION INTO THE UNITED STATES

The Gummy Project Inc. has commenced a second production run for its Peachy Bees and Watermelon Sharks in preparation for a strategic expansion into the United States market.

"Our accelerated U.S. expansion was created by high interest and demand after the company's exposure at the Sweets & Snacks Expo in Chicago earlier this year where we were selected as one of the most innovative new products," said Charlie Lamb, president and chief executive officer of Gummy. "Following the tremendous success we've had in Canada so far, we feel the company is ready to expand into the U.S. market and we have the utmost confidence in our products, our team and our mandate to support endangered keystone species. Our entry into the lucrative U.S. market is the right strategy at the right time, with a focus on U.S. luxury hotels, supermarket chains and major airlines."

The second run of Peachy Bees and Watermelon Sharks is expected to be completed and ready for distribution into the U.S. on Oct. 15, 2022.

The company is also pleased to announce that its gummies will now be packaged in fully recyclable packaging.

"The shift to fully recyclable packaging is a key sustainability initiative that we've been planning for some time," said Anthony Gindin, chief marketing officer of the company. "We want to be at the forefront of sustainability in the confectionery industry and this is just another step in the company's mission toward a more sustainable future."

About The Gummy Project Inc.

The Gummy Project is a growing community of individuals and organizations which believe small contributions can add up to something big. The company sells low-sugar, plant-based gummy products while raising money (and awareness) to support endangered keystone species. The company is the only better-for-you candy company that is built to support our planet's most precious species and ecosystems while educating future generations on the steps they must take today to ensure a viable tomorrow.

We seek Safe Harbor.

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