Rritual Superfoods $RSF.V has surpassed their 2021 goals already and is looking to continue!
Rritual Superfoods Inc. (“Rritual” or the “Company”) (CSE: RSF) (FSE: 0RW) (OTC: RRSFF) is excited to announce that the Company has surpassed its retail distribution targets for the end of 2021, exceeding 2400 retail locations and 10,000 points of distribution within the first half of the year.
“We set aggressive targets coming into this year, and I am extremely proud of our team and highly encouraged by the commitment we have seen from retailers to the Rritual Superfoods brand and product line as we have surpassed those targets in a matter of months,” said Rritual CEO, Mr. David Kerbel. “We are revising our targets based on the current lineup of sku’s to reach 6000 stores and 20,000 points of distribution this year, delivering on our brand promise to bring Rritual within arm’s length of consumer desire.”
These revisions are based on retailer commitments to carrying the Rritual brand. For example, Rite Aid has indicated 20% more stores than anticipated will carry Reishi Relax, Chaga Immune, and Lion’s Mane Focus as well as 100% more Rite Aid locations will carry the Variety Pack. The Company’s product line is being embraced by consumers, with initial sell through with key retail partners triggering new purchase orders and expansion of retail locations.
By the first week of July, Ritual will be available in 3000 retail locations with over 10,000 points of distribution. In addition, as the Company’s innovation pipeline delivers new product offerings there will be further growth in terms of points of distribution.
Rritual product offerings are all USDA-certified organic and are a caffeine-free option that can be mixed with other beverages or enjoyed by itself. Rritual’s proprietary Immune-Synergy Six Mushroom Blend is the only functional health product on the market that contains a daily prebiotic blend which nourishes a healthy gut microbiome and facilitates balanced digestive function.
Rritual is a functional superfood company that creates plant-based elixirs, which support immunity, focus and relaxation. The company is poised to dominate a segment where demand and sales are growing exponentially. Under the executive leadership with over 100 years of CPG pedigree, Rritual is launching in North America in Q2 2021 as the company positions itself as a leader in the functional health and wellness industry. Rritual’s superfood elixirs can be found online at www.rritual.com.
Functional Foods Market
According to Grandview Research*, it is estimated that the global functional food market is projected to reach $275 billion by 2025, growing at 7.9% each year with consumers putting more emphasis on health and wellness.
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