MODERN MEAT OPENS NEW “MODERN COMMISSARY” KITCHEN TO LAUNCH NEW FOOD START-UPS

Modern-day Plant Dependent Foodstuff Inc., (CSE: MEAT) (“Modern day Plant Centered Food items”) or (the “Firm”), an award-winning plant-based mostly food company is delighted to report that it is expanding the Company’s presence in the foodstuff innovation place by opening the “Modern-day Commissary” kitchen facility to tap into the increasing pattern of ghost kitchens, meal prep, and ground breaking foods get started-ups, and has by now been given extensive curiosity from a selection of distinctive meals gamers.

“There is an abundance of community and ethnic expertise in the reduce mainland, and we are ecstatic to be capable to offer you an obtainable and effectively-geared up kitchen area facility for passionate food items and beverage companies to do what they adore. Our local community-centered tactic aims to supply reasonably priced signifies for corporations to go on to innovate and improve. The facility is very well outfitted and can offer the important scalability necessary for growing company and permits the Company to improved make the most of its room while creating supplemental profits. Provided our individual humble beginnings, we are delighted to be equipped to provide as a starting issue for little enterprises to make, connect, and have accessibility to the resources required to a single day arrive at the exact same heights and results as Fashionable Meals,” clarifies Avtar Dhaliwal, CEO of Modern day Plant Centered Meals.

The Modern-day Commissary tenants contain foodstuff corporations that run regionally, have recognized reputations at some of Vancouver’s prime meals festivals, as effectively as Asian centered foods operators with past food stuff growth expertise in Southeast Asia. The Modern day Commissary supplies best of the line devices that permits begin-ups to scale their functions and grow into significant generation eventualities. The Fashionable Commissary is a functional facility that can accommodate a assortment of food items items, and has the storage demanded for frozen, cooler, and dry products, alongside with condition-of-the-art packaging machines. The facility is fantastic for tiny organizations in the exploration and enhancement section of their existence cycle, such as and up to, completed merchandise remaining placed on cabinets.

Tenants of the facility ought to fulfill the firm’s recommendations for food stuff preparation and security. The facility is a bit exceptional delivering close to the clock accessibility to tenants to build and experiment any time of day, seven days a week. This has properly expanded use capacity of the facility, and even more solidifies the Firm’s existence in just the meals sector. The facility enables Fashionable Meals to increase its presence in the Vancouver region and deliver an further revenue stream for the Enterprise.

Cautionary Statement Pertaining to Forward-Seeking Data

This news release features selected “ahead-on the lookout statements” and “ahead-looking facts” underneath relevant Canadian securities legislation that are not historic points.

This information launch incorporates sure “ahead-looking statements” and “forward-looking info” beneath relevant Canadian securities laws that are not historic facts. Forward-seeking statements involve risks, uncertainties, and other elements that could result in genuine effects, efficiency, prospective buyers, and prospects to differ materially from those expressed or implied by these ahead-hunting statements. Ahead-hunting statements in this news launch consist of, but are not constrained to, statements with respect to: the Company and the Company’s business enterprise and potential clients the Firm’s goals, ambitions or potential ideas the Company’s product sales expansion, planned expansion, consciousness of the Company’s manufacturers, long term income and revenue progress, the availability of Modern day Meat Items as a result of GFS, and the organization, functions, administration and capitalization of the Firm. Forward-looking statements are automatically dependent on a selection of estimates and assumptions that, whilst considered acceptable, are topic to regarded and not known threats, uncertainties and other aspects which may well lead to actual final results and long run situations to vary materially from those people expressed or implied by this sort of forward-seeking statements. This kind of elements incorporate, but are not constrained to: general business, financial and social uncertainties local and worldwide sector and financial uncertainties arising in respect of the COVID-19 pandemic litigation, availability of essential solution ingredients, legislative, environmental and other judicial, regulatory, political and aggressive developments the ability to efficiently broaden producing and manufacturing ability the potential to attain retail associates to distribute Company items, the results of market initiatives and the means to mature model consciousness the means to catch the attention of, sustain and develop relationships with important strategic restaurant and food items company companions our capability to forecast purchaser style tastes hold off or failure to obtain regulatory approvals the sufficiency of our hard cash to meet up with liquidity needs individuals extra challenges set out in the Company’s community documents filed on SEDAR at www.sedar.com and other issues reviewed in this news release. Accordingly, the forward-seeking statements talked over in this launch could not happen and could differ materially as a result of these identified and mysterious threat aspects and uncertainties influencing the Organization. Even though the Corporation thinks that the assumptions and components made use of in making ready the forward-searching statements are realistic, undue reliance ought to not be put on these statements, which only use as of the date of this information launch, and no assurance can be given that this sort of events will arise in the disclosed time frames or at all. Apart from the place needed by legislation, the Enterprise disclaims any intention or obligation to update or revise any ahead-looking statement, regardless of whether as a result of new information and facts, long term situations, or in any other case.

Supply Contemporary Plant Based Foodstuff Inc.

For further facts: Cassidy McCord, Chief Corporate Officer, [email protected], 604-395-0974

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