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Gummy Project Inc (The)
Symbol GUMY
Shares Issued 122,501,564
Close 2022-09-20 C$ 0.015
Market Cap C$ 1,837,523
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Gummy Project to launch gummy to support palm trees

2022-09-20 15:29 ET - News Release

Mr. Charlie Lamb reports

THE GUMMY PROJECT ANNOUNCES PLANS TO LAUNCH 3RD ENDANGERED 'KEYSTONE' SPECIES GUMMY PRODUCT - COCONUT FLAVOURED PALM TREES

The Gummy Project Inc. plans to launch a coconut-flavoured gummy product that will support palm trees, an endangered "keystone" species.

"Following the successful launch of our Peachy Bees and Watermelon Sharks, we want to leverage the strong momentum that we have created with the addition of a new SKU," said Charlie Lamb, president and chief executive officer of Gummy. "From the start, we've been testing a variety of flavours with real consumers, while researching which 'keystone' species we want to support. palm trees have been at the top of the list for some time and we are currently in discussions with various conservation groups that support both palm trees and rainforests as a whole, with plans to carefully select the ideal partnership in the very near future."

In a wide range of ecosystems throughout the world, palm trees are an incredibly important species. They support a wide range of animal life with their fruit and flowers while their canopies provide both shade and protection for smaller trees and shrubs that are critical bird perching and nesting sites. Their dense, shallow root systems play a key role in supporting microbial biodiversity, including nitrogen-fixing bacteria, important for almost all plant growth.

"It's not a very well-known fact that palm trees are an endangered 'keystone' species," said Anthony Gindin, chief marketing officer of Gummy. "Many people also don't understand how critically important they are to the specific ecosystems in which they live -- we hope to change that with the launch of our coconut-flavoured palm trees."

Like the Peachy Bees and Watermelon Sharks, the Coconut palm trees will be low-sugar, gluten-free, non-GMO (genetically modified organism), pectin based with all natural flavours and will be sold in both 50-gram and 10-gram bags.

About The Gummy Project Inc.

The company is a growing community of individuals and organizations who believe small contributions can add up to something big. It 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 the planet's most precious species and ecosystems, while educating future generations on the steps that must be taken today, to ensure a viable tomorrow.

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