Better Plant Sciences (PLNT.C) has received an initial product order of over 1,000 units for 10 of its locations in Ontario. Additionally, Better Plant’s Jusu Wellness products will be made available for purchase internationally on the Healthy Planet website starting next month.
“In the last year, Jusu Wellness has had orders from 45 brick-and-mortar stores across Canada, which has been a healthy addition to Jusu’s direct to consumer business…Healthy Planet is highly aligned with our brand values and makes an excellent partner for Jusu,” said Penny White, chief executive officer of Better Plant.
Healthy Planet, a vitamins, supplements and healthy lifestyle remedies store, currently has 24 brick-and-mortar locations throughout Ontario, Canada. This significantly overshadows similar retailers like Goodness Me, which only has 10 locations in Ontario. With this in mind, Healthy Planet has established itself as a trustworthy, reliable source of products, information and referrals to natural health professionals. Moreover, Healthy Planet boasts a wide selection of wellness products ranging from health foods and supplements to sports nutrients and beauty care.
“As one of Canada’s leading suppliers of natural cosmetics and personal care, we are excited to make Jusu available to consumers in Ontario at select Healthy Planet locations,” commented Lindsay Blakeman, chief executive officer of Thank You Merci.
Better Plant’s broker partner, Thank You Merci, believes that Better Plant’s Jusu products will be an excellent addition for Healthy Planet’s health and wellness-conscious customers. In addition to its initial order, Better Plant can expect to see growth relative to the rapid development of the plant-based product market. This market is expected to grow at a compound annual growth rate of 8.7% between the forecast period of 2021 and 2026. With over 70 plant-based products for sale via its ecommerce and retail stores, Better Plant is positioned well to become a leader in the plant-based sector.
Better Plant’s share price opened at $0.075 and is currently trading at $0.70 as of 2:32PM ET. The Company’s shares are currently down -6.67% indicating that there has been some change following the news.
