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The Gummy Project  (CSE:GUMY) enters U.S. retail market with Hy-Vee as first grocery retailer

Consumer
CSE:GUMY
08 September 2022 10:45 (EDT)

Source: The Gummy Project.

The Gummy Project (GUMY) is entering the U.S. market with Hy-Vee, Inc. as its first major retail partner.

The Gummy Project sells low-sugar, plant-based gummy products while raising money and awareness to support endangered species. For every bag of product purchased, Gummy donates a portion of the proceeds to help certain endangered species from going extinct.

“Hy-Vee is a great fit for The Gummy Project, being employee-owned and community-driven,” noted Charlie Lamb, President and CEO at Gummy.

“There was an immediate connection around our ‘better-for-you’ products and our mission centred around sustainability,” he added.

Products from Gummy are anticipated to be in the candy aisles in more than 150 Hy-Vee stores later this year after being approved as a vendor on September 2, 2022.

Gummy’s U.S. expansion plans were accelerated after being selected as one of the most innovative new products at the Sweets & Snacks Expo in Chicago, Illinois earlier this year.

Hy-Vee, Inc. is an employee-owned corporation operating more than 285 retail stores across eight Midwestern states with sales of more than $12 billion annually.

The Gummy Project is a growing community of individuals and organizations who believe small contributions can add up to something big.

The Gummy Project sells low-sugar, plant-based gummy products while raising money (and awareness) to support endangered keystone species.

The Gummy Project Inc. was unchanged at $0.02 as at 09:30 ET.


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