- Rritual (RSF) has initiated a large-scale production run for its JustGo Smoothie brand
- The run includes the addition of a new form, fill and seal machine, which will increase production capacity by 10X
- The increased capacity will reduce the cost of goods by 30-40 per cent
- Rritual Superfoods is an award-winning premium brand in the emerging functional superfoods market
- Rritual (RSF) is up by 7.69 per cent trading at $0.14 per share
Rritual (RSF) has initiated a large-scale production run for its JustGo Smoothie brand.
Recent acquiree Justgo is a health and wellness company providing plant-based nutrient-dense meal replacement products.
The run includes the addition of a new form, fill and seal machine, which will increase production capacity by 10X.
The increased capacity will reduce the cost of goods by 30-40 per cent, boosting profit margins.
The ramp-up will advance JustGo’s U.S. expansion timelines.
“JustGo has tremendous upside and we have moved rapidly to put the infrastructure in place to expand into new markets and meet growing demand,” said Warren Spence, Rritual’s CEO. “The new machinery allows JustGo to be highly responsive to sales production.”
Rritual Superfoods is an award-winning premium brand in the emerging functional superfoods market.
Rritual (RSF) is up by 7.69 per cent trading at $0.14 per share as of 2:16 pm EST.