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Yumy Candy Company Inc (The)
Symbol TYUM
Shares Issued 27,488,132
Close 2022-04-01 C$ 1.42
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Yumy Candy sells out confectionery twice at Co-Op

2022-04-04 00:35 ET - News Release

Ms. Erica Williams reports


Due to back-to-back sellouts of its delicious low-sugar better-for-You confectionery at Co-Op, The Yumy Candy Company Inc. has doubled its future orders. Federated Co-operatives Ltd. is a large procurement and distribution network across Western Canada. The federation has 160 members across the region and annual revenue over $10.7-billion. The Co-Op has over 23,000 employees and a loyal customer base that is incentivized to shop at its locations.

Chief executive officer and founder Erica Williams announced: "We are incredibly happy with the company's momentum this year. The back-to-back sellouts of our delicious gummies at Co-Op shows that people are pushing towards making healthier choices, and we are a leading supplier of these better-for-you products. The steps we made earlier this year to increase capacity are paying off as our orders are increasing at many of our partnered locations."

Co-Op is a highly recognizable brand across Western Canada, where it operates grocery stores, gas stations and more. Since 2009, it has also been ranked one of the largest co-operatives in Canada.

Further Ms. Williams stated: "Our company has been working to build a loyal and passionate customer base, which is what we also see in our partners at Co-Op. Based on the back-to-back sellouts, I see us building the same kind of loyal following at Co-Op as all our other retailers."

The Yumy Candy Company Inc.

The Yumy Candy is an affordable health-conscious low-sugar plant-based confectionery company based in Vancouver, B.C., and it has developed a portfolio of healthier gelatine-free candies made from non-genetically modified ingredients with proprietary recipes. All of its products are free of gelatin, soy, gluten, nuts, dairy, eggs, sugar alcohols, artificial sweeteners and genetically modified organisms.

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