TORONTO, September 12, 2022 /CNW/ – The Well Told Company Inc. (“well told” or the “Company(TSXV: WLCO) (FSE: 7HO), the women’s-founded wellness company offering plant-based supplements, remedies and other functional wellness products, is pleased to announce its launch in Bartell Drugs, the Pacific Northwest division of Ritus Aid.
Ten Well Told products will soon be available at all Bartell Drugs locations, with a mix of the company’s capsules and new powders in compostable sachets launched earlier this year. This is the company’s first introduction to Rite Aid. Well Told recently launched in the US Dec 2021 with 1,700 distribution points (PODs) and by May 2022, had already passed the 2022 milestone of quadrupling its US PODs; this new addition brings the company’s total to more than 8,678 PODs in the US
Monica RuffoWell Told founder and CEO, stated: “We are so excited to announce a new partnership with such a major US retailer, so soon after announcing our launch in US airports. These are very important steps to build our business south of the border where we just started.”
About The Well Told Company Inc.
Well Told is a women-based emerging plant-based wellness company that formulates, develops, distributes, and markets a variety of supplements, remedies, and other functional wellness products. Founded by serial entrepreneur and award-winning leader Monica Ruffo, she discovered the lack of transparency and availability of clean, plant-based formulations in the wellness industry after undergoing treatment for breast cancer and decided to take her health into her own hands. With the mission “Clean wellness for all”, Well Told products are currently available in more than 2,000 stores across Canada including several well-known retailers and recently launched in more than 1,000 pharmacies in the US, in addition to being available at welltold.com and on Amazon.
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Certain statements in this press release constitute “forward-looking information” as that term is defined in applicable Canadian securities laws. The words “may”, “should”, “should”, “should”, “potential”, “will”, “seek”, “plan”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions relating to the company are intended to identify forward-looking information. All statements other than statements of historical fact may be forward-looking information. Such statements reflect the Company’s current views and intentions with respect to future events and current information available to the Company and are subject to certain risks, uncertainties and assumptions. Many factors could cause the actual results, performance or achievements that could be expressed or implied by such forward-looking information to differ from those described herein should one or more of these risks or uncertainties materialize. Examples of such risk factors include, without limitation: credit, market (including stock, commodities, currency and interest), liquidity, operational, reputation, insurance, strategic, regulatory, legal, and environmental risks; the general business and economic conditions in the regions in which the company operates; the company’s ability to execute on key priorities; the company’s operating results can be difficult to predict; the Company is a holding company whose only assets are directly owned by Well Told Inc.; the company’s success depends on the continued strength of its reputation and brands; disruptions in production facilities or loss of location licenses and other qualifications could adversely affect sales and customer relationships; the company’s success depends on its ability to continue to improve products and develop new products; the company’s suppliers and sources of materials and inputs may not be able to support demand and rising raw material costs could negatively affect margins; the company relies on third parties for shipping and payment processing; the company’s competitiveness may be adversely affected if it is unable to protect its intellectual property rights; the ability to implement business strategies and pursue business opportunities; failures or attacks (including cyber-attacks) on the Company’s information technology, Internet, network access, or other voice or data communications systems or services; the evolution of various types of fraud or other criminal behavior to which the Company is exposed; the failure of third parties to meet their obligations to the Company or its affiliates; the impact of new and amendments or application of current laws and regulations; the granting of permits and licenses in a highly regulated company; the overall difficult process environment; increased competition; changes in foreign currency rates; increased funding costs and market volatility due to market illiquidity and competition for funding; the availability of funds and resources to continue operations; critical accounting estimates and changes in the accounting standards, policies, and methods used by the Company; the occurrence of natural and unnatural catastrophic events and claims resulting from such events; and risks related to COVID-19, including various recommendations, orders and measures from government agencies to attempt to mitigate the pandemic, including travel restrictions, border closures, non-essential business closures, quarantines, self-isolation, shelters-in- place and social distancing, market disruptions, economic activity, financing, supply chains and sales channels, and a deterioration in general economic conditions, including a possible national or global recession; as well as the risk factors discussed or referenced in the company’s disclosure, documents filed with securities regulatory authorities in certain provinces of Canada and available at www.sedar.com. Should any factor affect the Company in an unexpected manner, or should assumptions underlying the forward-looking information prove to be incorrect, actual results or events could differ materially from predicted results or events. Such forward-looking information is expressly qualified in its entirety by this cautionary statement. In addition, the Company assumes no responsibility for the accuracy or completeness of such forward-looking information. The forward-looking information in this press release is made as of the date of this press release and the company assumes no obligation to publicly update or revise any forward-looking information, other than as required by applicable law.
SOURCE Well Told Inc.
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