Rritual launches full line through Wakefern Food Corporation, the largest retailer-owned cooperative in the United States

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Wakefern is made up of 50 member-owned businesses
Co-Op consists of 362 independent retail supermarkets
Retailers include ShopRite, Price Rite Marketplace, The Fresh Grocer, Dearborn Market, Gourmet Garage and Fairway Market banners

Vancouver, British Columbia–(Newsfile Corp. – April 21, 2022) – Rritual Superfoods Inc. (CSE: RSF) (FSE: 0RW) (OTCQB: RRSFF)(“Ritual”or the“Company”)is pleased to announce that the company’s full line of products will be launched in May 2022, through Wakefern Food Corporation (Wakefern), the largest retailer-owned cooperative in the United States.

“Wakefern is a premier retail partner for Rritual, elevating and validating the brand in extremely well-managed retail environments,” said Mr. Warren Spence, Director and CEO of Rritual. “The opportunity to grow the Rritual brand through Wakefern’s premier commercial presence in the North East will contribute significantly to our brand awareness and consumer retention goals.

Wakefern Food Corporation Highlights:

The 7 Rritual references will be distributed in the 362 supermarkets of Wakefern
Wakefern supermarkets include ShopRite, Price Rite Marketplace, The Fresh Grocer, Dearborn Market, Gourmet Garage and Fairway Market
Stores in New Jersey, New York, Connecticut, Pennsylvania, Maryland, Delaware, Massachusetts, New Hampshire and Rhode Island
With 50 members, Wakefern’s 50 members represent the largest retailer-owned cooperative in the United States.

About Wakefern Food Corporation

Wakefern Food Corporation was founded in 1946 and is based in Keasbey, New Jersey, USA.[3] It is the largest cooperative group of retail supermarkets and the fourth largest cooperative of any type in the United States. Wakefern was New Jersey’s largest private employer in 2018 (40,200 workers).[4] As of 2021, Wakefern has fifty member companies who own and operate 362 supermarkets,[2][5] under the ShopRite, Price Rite Marketplace, The Fresh Grocer, Dearborn Market, Gourmet Garage and Fairway Market brands in New Jersey, New York, Connecticut, Pennsylvania, Maryland, Delaware, Massachusetts, New Hampshire, Rhode Island and Virginia. https://www2.wakefern.com/

About Ritual

Rritual Superfoods is the premier premium, award-winning brand in the emerging market of functional mushrooms and adaptogenic superfoods. More than a functional mushroom company, Rritual is a superfood platform. At the forefront of innovation in the field, we entered the market with herbal elixirs and continue to constantly expand our offering to meet and exceed the needs of our customers. As a company, we believe in the power of plant-based nutrition and the life force that adaptogens, superfoods and mushrooms can offer our bodies. Our products are made with carefully selected organic functional mushrooms and adaptogenic herbs, traditionally consumed for their ability to support a healthy stress response and optimize mental, cognitive, digestive and immune health. Rritual’s superfood elixirs can be found online at www.rritual.com.

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For more information, please contact:

Warren Spence – Chairman and CEO and Director
Investor Relations:
Email: investors@wearerritual.com

Phone: (844) 809-5709

Functional Foods Market

According to Grandview Research*, the global functional food market is estimated to reach $275 billion by 2025, growing 7.9% annually as consumers place greater emphasis on health and wellness .

*https://www.grandviewresearch.com/press-release/global-functional-foods-market

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-looking information

This press release contains forward-looking statements and forward-looking information within the meaning of Canadian securities laws (collectively, “forward-looking statements”) that relate to Rritual’s current expectations and beliefs about future events. Any statement that expresses or implies discussions of expectations, beliefs, plans, goals, assumptions, or future events or performance (often, but not always, through the use of words or phrases such as “will result probably”, “are expected to”, “expects”, “will continue”, “is planned”, “anticipates”, “believes”, “estimates”, “intends”, “plans”, ” plans”, “projection”, “strategy”, “goal” and “outlook”) are not historical facts and may be forward-looking statements and may involve estimates, assumptions and uncertainties that could cause actual results actuals differ materially from those expressed in these forward-looking statements. No guarantee can be given that such expectations will prove to be correct and undue reliance should not be placed on any forward-looking statements included in this press release. These statements speak only as of the date of this press release. In particular, and without limitation, this press release contains forward-looking statements relating to the Company’s plans to leverage third-party manufacturing and logistics, the Company’s broader retail distribution plans and other corporate plans, priorities and objectives.

Forward-looking statements are based on a number of assumptions and are subject to a number of risks and uncertainties, many of which are beyond Rritual’s control, which could cause actual results and events to differ materially. of those disclosed or implied by such statements. forward-looking statements. These risks and uncertainties include, but are not limited to, the impact and progression of the COVID-19 pandemic and other factors set forth under the headings “Forward-Looking Statements” and “Risk Factors” in the final long form prospectus of the Company dated February 26, 2021 and available under the Company’s profile on SEDAR at www.sedar.com. Rritual undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. New factors appear from time to time, and it is not possible for Rritual to predict all of them or assess the impact of each of these factors or the extent to which any one factor, or combination of factors, may cause results significantly different from those contained. in any forward-looking statement. All forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/121072