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good natured Products Inc. (TSXV:GDNP) purchases land and buildings at its Ayr, Ontario facility

Consumer
TSXV:GDNP
07 September 2022 09:00 (EDT)

Source: good natured Products (CAD) Inc.

good natured Products (GDNP) has agreed to purchase the land and buildings at the company’s Ayr, Ontario, manufacturing location.

The purchase, scheduled to close on September 30, 2022, will cost $9.4 million in cash.

The Ayr Purchase includes an existing industrial building of approximately 30,000 square feet and 2.9 acres of land with potential for future expansion.

good natured Products offers over 400 products and services through wholesale, direct-to-business, and retail channels. From plant-based home organization products to certified compostable food containers, bio-based industrial supplies and medical packaging, the company is focused on making plant-based products more readily accessible to people to create meaningful environmental and social impact.

good natured Products (GDNP) opened trading at C$0.39.


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