Mr. Rob Harrison reports

GLOBAL GARDENS GROUPA Q3 REVENUE INCREASES 252% VS Q2

Global Gardens Group Inc. projects its third quarter sales revenue to have increased approximately by 252 per cent quarter over quarter. Full and final quarter and year-to-date results will be reported in late August.

"We are excited by our progress," states Rob Harrison, president and chief executive officer, Global Gardens Group. Mr. Harrison continues: "This growth has been fuelled by customer demand, combined with major new retailers now having ordered the Veggemo product. In the quarter, some of Canada's largest retailers have listed Veggemo (the first non-dairy beverage to originate from vegetables). This expanded customer list includes Sobeys stores in Atlantic Canada, Ontario and the western region, as well as Metro stores in Ontario and the Longos stores in the Greater Toronto Area."

Mr. Harrison also emphasises that these estimated quarter sales numbers represent the Veggemo shelf-stable products sold in retail stores only, and this segment is approximately 30 per cent of the overall non-dairy beverage category volume. The refrigerated product segment sold in the dairy cases of grocery stores represents about 70 per cent of category volume, and Global Gardens Group is targeting its Veggemo launch in this segment in early 2017.

Today, Veggemo can be found in over 1,500 retail outlets in Canada.

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