Rritual Superfoods announces its listing on the OTCQB market
VANCOUVER, BC, July 6, 2021 / PRNewswire / – Rritual Superfoods Inc. (“Ritual” or the “Company”) (CSE: RSF) (FSE: 0RW) (OTCQB: RRSFF) is pleased to announce its successful listing of the OTC Pink Sheets to the OTCQB® Venture Market (the “OTCQB”). The Company began trading on the OTCQB under the symbol “RRSFF”.
“Signing up for the OTCQB is another important step for Rritual. It gives us greater visibility within the investment community and valuable exposure to capital markets. This is a vital step as we continue to partner with national and local retailers and develop the Rritual brand in United States. Said David Kerbel, CEO and Director.
OTCQB® Market is the risk level of OTC Markets on which 11,000 US and global securities are traded. Trading on the OTCQB will improve the visibility and accessibility of the Company to US investors. The Company’s ordinary shares will continue to trade on the CSE under the symbol RSF.
OTCQB® Venture Market offers value and convenience to US investors, brokers and institutions looking to trade RRSFFs. OTCQB® Venture Market is OTC Markets Group’s premier marketplace for early stage, investor-focused US and international companies. To be eligible, companies must meet high financial standards, follow best corporate governance practices, demonstrate compliance with U.S. securities laws, be up-to-date in their disclosures, and have a professional third-party sponsor presentation.
About the ritual
Rritual is a fast growing functional superfood company that creates natural wellness products that support a holistic approach to a healthy lifestyle. The company is poised to dominate a segment where demand and sales are growing exponentially. Under executive leadership with over 100 years of CPG pedigree, Rritual pioneered distribution to major retailers and is positioned to lead and define the functional health and wellness industry as a superfood platform. Rritual markets organic wellness products in United States through the initial retail rollout which includes more than 10,000 points of sale and through www.rritual.com.
Follow the ritual on Twitter, LinkedIn, Facebook, and Instagram.
Functional Food Market
According to Grandview Research *, the global functional food market is estimated to reach $ 275 billion by 2025, growing by 7.9% each year, with consumers placing greater emphasis on health and wellness.
* https: //www.grandviewresearch.com/press-release/global-functional-foods-market
Neither the Canadian Securities Exchange nor its regulatory 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.
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 its opinions about future events. All statements that express or involve discussion 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 probably result “,” are expected at “,” expects “,” will continue “,” is anticipated “,” anticipates “,” estimates “,” estimated “,” intends “,” plans “, “forecast”, “projection”, “strategy”, “objective” and “outlook”) are not historical facts and may be forward-looking statements and may involve estimates, assumptions and uncertainties that could cause actual results differ materially from those expressed in these forward-looking statements. No assurance can be given that these expectations will prove to be correct and the forward-looking statements included in this press release should not be improperly relied upon. 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 plans, priorities and objectives of the Company.
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 the control of Rritual, which could cause actual results and events to differ materially. those that are disclosed or implied by such 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 out under the headings “Forward-looking Statements” and “Risk Factors” in the final detailed prospectus of the Company dated February 26, 2021 and available under the Company’s profile on SEDAR at www.sedar.com. Rritual assumes no obligation to update or revise forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. New factors emerge 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 one factor, or a combination of factors, may cause results that are materially 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.
SOURCE Rritual Superfoods Inc.