14:55:56 EDT Tue 21 May 2024
Enter Symbol
or Name
USA
CA



Global Gardens Group Inc
Symbol VGM
Shares Issued 55,047,125
Close 2015-11-04 C$ 0.23
Market Cap C$ 12,660,839
Recent Sedar Documents

Global Gardens Group launches Veggemo in Canada

2015-11-05 10:03 ET - News Release

Mr. Rob Harrison reports

GLOBAL GARDENS GROUP LAUNCHES VEGGEMO IN CANADA

Global Gardens Group Inc. has launched its proprietary Veggemo non-dairy vegetable-based beverage line in Canada. Veggemo was recently named grocery top 10 innovative product of the year by Grocery Innovation Canada.

Global Gardens Group chief executive officer Rob Harrison stated: "After over four years of consumer market research, product and brand development, testing, packaging, and plant trials, we are so excited to bring Veggemo to the Canadian marketplace. The reception we've received from the retail community so far has been exceptional. Based on this retailer feedback, our internal estimates are to be in approximately 1,800 stores by the end of the first quarter of 2016. To date, we've received purchase orders to support Veggemo on store shelves in popular banners like Calgary Co-op, IGA Marketplace, Metro Quebec, Save-On-Foods, Price Smart and Urban Fare."

Mr. Harrison continued: "Having already received purchase orders from some of the top retailers in Canada is a huge step for us in the right direction, but it's only the beginning. The launch of our new Veggemo in Canada is the first step in the company's comprehensive North American rollout marketing strategy. The non-dairy beverage industry is over a $2-billion market in North America alone and has been the fastest growing category in Canada throughout 2013 and 2014, with the global market projected to reach $20-billion by 2020. Our goal is to become a global household brand name and excite consumers to make healthy choices from the inside out with the world's first vegetable-based alternative dairy product. The company is only at its infancy, and we're excited to showcase our growth over the coming months."

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