28.07.2021 13:30:00
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EMERGE Brand, truLOCAL, Partners with Modern Plant-Based Foods to Launch Meat Alternatives in Curated Plant-Based Boxes
TORONTO, July 28, 2021 /CNW/ - EMERGE Commerce Ltd. (TSXV: ECOM) ("EMERGE" or the "Company"), a diversified, rapidly growing acquirer and operator of direct-to-consumer ("D2C") e-commerce brands, today announced that truLOCAL, a Canadian leader in premium meat subscriptions has partnered with plant-based food company, Modern Meat, a portfolio company of Modern Plant Inc. ("Modern Plant Based Foods"), to offer plant-based meat alternatives to truLOCAL's loyal customers base, in addition to the premium selection of meats that truLOCAL customers have come to know and love.
"Fundamental to our core business model is the belief that consumers should shop local and strengthen our regional supply chain through both local farmers and suppliers," states Marc Lafleur, Founder and CEO at truLOCAL. "We connect customers right to the source of the best quality products through a convenient online marketplace and we're thrilled to now offer some of the best quality plant-based products around as well."
Modern Meat products are now offered in truLOCAL's curated plant-based boxes, and as add-on items to subscription boxes delivered straight to consumer doorsteps.
"There is no doubt that people are after convenience and quality. Through truLOCAL's vast distribution network and consumer base we are closer to our goal of becoming a household name for great-tasting, nutritious and sustainable protein alternatives." said Tara Haddad, Founder and CEO of Modern Plant-Based Foods.
truLOCAL has struck numerous partnerships in recent years to expand its product offering and member base, including with WW (Weight Watchers reimagined), CrossFit Canada, and Orangetheory Fitness. Modern Plant-Based Foods marks truLOCAL's first foray into plant-based offerings.
"We view truLOCAL as an anchor asset in the broader food tech space, and believe the existing team, platform, and brand will pave the way for future win-win partnerships, as well as strategic opportunities," said Ghassan Halazon, Founder and CEO of EMERGE.
Modern Meat products are now available for purchase and delivery throughout British Columbia on the truLOCAL platform, www.trulocal.ca
About EMERGE
EMERGE (TSXV: ECOM) is a disciplined, diversified, rapidly growing acquirer and operator of direct-to-consumer ("D2C") e-commerce brands. Our network of e-commerce sites provides our members with access to premium meat subscriptions, groceries, golf, family offers and nearby escapes. Our portfolio houses some of North America's most coveted online destinations including trulocal.ca, UnderPar.com, JustGolfStuff.ca, WagJag.com, and BeRightBack.ca. EMERGE was named one of the fastest growing companies in Canada by the Startup 50, and the Globe and Mail's 2020 Canada's Top Growing Companies.
To learn more visit https://www.emerge-commerce.com/
Cautionary notice
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Notice regarding forward-looking statements
This press release may contain certain forward-looking information and statements ("forward-looking information") within the meaning of applicable Canadian securities legislation, that are not based on historical fact, including without limitation statements containing the words "believes", "anticipates", "plans", "intends", "will", "should", "expects", "continue", "estimate", "forecasts" and other similar expressions. Readers are cautioned to not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company undertakes no obligation to comment on analyses, expectations or statements made by third-parties in respect of the Company, its securities, or financial or operating results (as applicable). Although the Company believes that the expectations reflected in forward-looking information in this press release are reasonable, such forward-looking information has been based on expectations, factors and assumptions concerning future events which may prove to be inaccurate and are subject to numerous risks and uncertainties, certain of which are beyond the Company's control, including the risk factors discussed in the Company's filing statement which are incorporated herein by reference and are available through SEDAR at www.sedar.com. The forward-looking information contained in this press release are expressly qualified by this cautionary statement and are made as of the date hereof. The Company disclaims any intention and has no obligation or responsibility, except as required by law, to update or revise any forward-looking information, whether as a result of new information, future events or otherwise.
SOURCE EMERGE Commerce Ltd.
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