YUMY BEAR GOODS ANNOUNCES PARTNERSHIP WITH ONE OF CANADA’S BEST ONLINE RETAILERS WELL.CA

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VANCOUVER, BC, December 16, 2021 / CNW / – Yumy Bear Goods Inc., (CSE: YUMY) (“Yumy Bear” or the “Company”) has started selling its low sugar “Better For You” candies through Canadian online retailer Well.ca. Well.ca was founded in 2008 and has grown into one of the largest online retailers in Canada specializing in health, beauty, baby, home and green and natural products. They offer more than 40,000 different products on their online store.

logo (CNW Group / Yumy Bear Goods Inc.)

Well.ca is a subsidiary of McKesson Corporation. McKesson Corporation is the 7th largest Fortune 500 company in United States. The company distributes pharmaceuticals and provides health information technology, medical supplies and care management tools. In addition, McKesson Canada owns Rexall Pharmacy Group, the second largest retail pharmacy chain in Canada with 430 pitches. Well.ca partners with Rexall for the distribution of products ordered through the online retailer.

“We are thrilled to partner with Well.ca to launch one of the largest online retailers in Canada who specializes in health and wellness. Well.ca has a large customer base of users looking for healthy and delicious products like ours. Since its launch, Well.ca has grown into one of the most trusted places for health and natural products and we are proud to partner with them, McKesson Corporation and Rexall. Over the next few months, we will be looking to deepen our relationship with parent companies and hopefully gain substantial storage space ”, says the Managing Director, Erica Williams.

Yumy Bear is a low-sugar, health-conscious plant-based confectionery company based in Vancouver, British Columbia and it has developed a portfolio of healthier gelatin-free candies made from non-GMO ingredients with exclusive recipes. All of its products are free from gelatin, soy, gluten, nuts, dairy products, eggs, sugar alcohols, artificial sweeteners and genetically modified organisms.

Caution regarding forward-looking information
Except for statements of historical fact, this press release contains “forward-looking information” within the meaning of applicable securities laws. The information contained in this press release concerning the future plans and objectives of the Company is forward-looking information. This forward-looking information is based on reasonable assumptions and estimates of the management of the Company at the time they were made, and involves known and unknown risks, uncertainties and other factors which may cause results, performance or actual achievements of the Company significantly different from the future results, performances or achievements expressed or implied by this forward-looking information. These factors include, but are not limited to: general business, economic and social uncertainties; the local and global market and economic uncertainties arising from the COVID-19 pandemic; litigation, availability of key product ingredients, legislative, environmental and other legal, regulatory, political and competitive developments; the ability to effectively expand manufacturing and production capacity; the ability to secure retail partners to distribute the Company’s products, the success of market initiatives and the ability to build brand awareness; the ability to attract, maintain and expand relationships with key strategic suppliers; our ability to predict consumer taste preferences; delay or failure to receive regulatory approvals; the adequacy of our cash flow to meet liquidity needs; the additional risks set out in the Company’s public documents filed on SEDAR at www.sedar.com; and other matters discussed in this press release. Accordingly, the forward-looking statements discussed in this press release may not occur and could differ materially due to these known and unknown risk factors and uncertainties affecting the Company. Although the Company believes that the assumptions and factors used in the preparation of forward-looking statements are reasonable, one should not place undue reliance on such statements, which speak only as of the date of this press release, and no Assurance cannot be given that such statements events will occur within the disclosed time frame or not at all. Except as required by law, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

SOURCE Yumy Bear Goods Inc.

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