Else Nutrition will attend the Life Science Investor Forum – QNT Press Release

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Vancouver, British Columbia, June 22, 2021 (Global News Agency)- ELSE NUTRITION HOLDINGS INC. (BABY.V) (Baby fat) (0YL.F) (“Other” or “the company”), Plant-based infant, toddler and child nutrition the company, Will be broadcast live on LifeSciencesInvestorForum.com on June 24day.

Date: Thursday, June 24day
Time: 9:30 AM Eastern Time
Association: https://bit.ly/3c7Ertp

This will be a live interactive online event, inviting investors to ask questions of the company in real time. If attendees are unable to attend the event on-site on the day of the meeting, an archived webcast will be provided after the event.

Investors are recommended to register in advance and run an online system check to speed up participation and receive event updates.

For more information about this event, please visit www.lifesciencesinvestorforum.com.

Recent company highlights

  • Revenue in the first quarter of 2021 was CAD 1.135 million, an increase of 90% from the revenue of CAD 598,000 in the fourth quarter of 2020, and an increase of 282% compared to the revenue of CAD 297,000 in the first quarter of 2020.
  • Compared with the 346,000 Canadian dollars in the fourth quarter of 2020, the formula revenue for the first quarter of 2021 increased by 149% from the previous quarter to 862,000 Canadian dollars.
  • Recognition of formula revenue from the retail market in the first quarter. The company successfully launched retail sales at Sprouts Farmers Market, a leading natural food retailer in the United States.
  • Successfully completed the first commercial production of ELSE’s second product-Children’s Complete Nutrition (over 3 years old; powder form). The product is expected to be launched online in vanilla and chocolate flavors in the second quarter of 2021.
  • Successfully increased the number of Amazon.com formula orders by 66%, and the average basket value increased by 15% from the previous quarter. Else launched a new product in March 2021…

The full story on Benzinga.com

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