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Share Name | Share Symbol | Market | Type |
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Global Gardens Group Inc | TSXV:VGM | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0.015 | 0.005 | 0.005 | 0 | 00:00:00 |
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The Chinese Government has approved the Veggemo packaging and its claims. The initial container is now in market and product has arrived on store shelves. Global Gardens Group CEO Rob Harrison states: “Through our Joint Venture with V-Power (China) Limited we are well positioned for Veggemo to establish distribution in the key China markets of Beijing, Shanghai and Chengdu. We are very pleased to bring Veggemo to the China marketplace. China represents a fantastic opportunity for Veggemo, not only for its market size but additionally 90% of Chinese adults are lactose intolerant.”
Warren Spence, CEO V-Power (China) commented, “In March we attended the 96th Annual Food & Trade Show in Chengdu which is the largest Beverage show of the year in China. At this show we received excellent feedback on the Veggemo brand with the customers raving about the taste and packaging. Product from the first container has arrived in stores.”
Photos of the Beverage Show & Veggemo’s Presence
http://www.globenewswire.com/NewsRoom/AttachmentNg/be298033-78d6-4207-bf26-14e22335952c
http://www.globenewswire.com/NewsRoom/AttachmentNg/85095e3d-5ecf-40ce-bbc8-6ea5fbd6e39e
About Veggemo
The Veggemo product line is the first and only non-dairy beverage to originate from vegetables and is Global Garden Group’s (VGM) showcase product for the dairy-free industry. Veggemo is available in 3 varieties: Original, Unsweetened and Vanilla flavors. Our proprietary blend of pea protein, tapioca and potatoes create a smooth and delicious blend. The Dairy-free industry continues to witness dynamic growth led by the development of plant-based food and beverages.
About Global Gardens Group
Global Gardens Group is comprised of a highly experienced management team and board that have provided senior leadership to many consumer brands, corporate finance companies and Canadian investment banks. This list includes Neilson Dairy, Ben & Jerry’s and Haagen Dazs Ice Cream, Gillette, P&G, Cadbury Schweppes, Sunkist, Primo Pasta, Price Waterhouse Coopers, Desjardins Securities Inc., Orion Securities Inc., Vengate Capital, HSBC Securities Inc. and Gordon Capital.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For further information, please contact: Investor Relations: Rob Harrison President & CEO Global Gardens Group Inc. T: 604.351.7609 rob@globalgardensgroup.com
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