Public Companies
Rritual Superfoods third manufacturing run scaled to meet growing retail demand
VANCOUVER – Rritual Superfoods Inc. (CSE: RSF) (FSE: 0RW) provided an update on its third full-scale production run which commenced in mid-March 2021….
VANCOUVER – Rritual Superfoods Inc. (CSE: RSF) (FSE: 0RW) provided an update on its third full-scale production run which commenced in mid-March 2021. Building from the Company’s newly established relationship with CROSSMARK, the Company confirms that its third full-scale manufacturing run, nearing completion, has been scaled to service distribution to 2,400 retail stores with 10,000 points of distribution.
As a result of the Company’s strategic sales campaign, mass retail response and demand for the Rritual Superfoods lineup continues to strengthen meaningfully on a daily basis. The Company’s strategic focus on building a national presence in the USA, powered by its CROSSMARK relationship, necessitates an agile and sophisticated manufacturing capability from the acquisition of raw materials all the way to fulfillment at the store level.
“As the demand forecast continues to accelerate, the Company has developed the relationships and capacity to exceed the production and fulfillment requirements of our most aggressive modelling,” said Mr. David Kerbel, Rritual President and CEO. “Our team, including our foundational relationships such as CROSSMARK, have exceeded expectations putting the Company in position to embrace its growth trajectory as our national rollout begins to build momentum.”
Rritual is a functional superfood company that creates plant-based elixirs, which support immunity, focus and relaxation. According to Grandview Research, it is estimated that the global functional food market is projected to reach $275 billion by 2025, growing at 7.9% each year with consumers putting more emphasis on health and wellness.
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