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/NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES/
CALGARY, AB, Aug. 9, 2022 /CNW/ – EarthRenew Inc. (CSE:ERTH) (OTCQB:VVIVF) (Frankfurt: WIMN) (“EarthRenew” or the “Company”), along with its wholly owned subsidiary, Replenish Nutrients Ltd. (“Replenish”), is pleased to provide an updated outlook on the Fall 2022 season, including growth in our blended product network and our granulated facility expansion plans.
To prepare for an expected banner fall season, the Company is expanding the number of blending sites from two to seven and situating those sites closer to its customers. This will help support gross margins by reducing transportation and handling costs while smoothing distribution by relying on drop points in high-demand regions and reducing delivery time for distributors.
The increased number of blending sites will also increase the volume of fertilizer the Company can deliver to the market. This will allow the company to fulfill the higher-than-expected demand for fertilizers this season as it advances toward the target of 200 per cent year -over-year sales growth.
Wade EgelandReplenish Nutrients’ Manager of Operations & Logistics, explained, “where we once housed most …
Full story available on Benzinga.com
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