good natured Products Inc. Announces US Patent-Pending Innovation, GoodGuard™
March 9, 2022 — (Vancouver, BC) good natured Products Inc. (the “Company” or “good natured®”) (TSX-V: GDNP), a North American leader in plant-based products, is pleased to announce it has filed for patent protection of its novel tamper evident design, GoodGuard™, optimized for compostable and biobased materials and only available from good natured®.
This unique US patent pending packaging innovation comes at a time when food safety and chain-of-custody security is at an all-time high and expected to grow in importance given the proliferation of grocery and restaurant delivery and take-out industries, like Uber Eats, Instacart and Door Dash. California passed a bill in 2020, requiring restaurants to use tamper evident packaging when using third-party food delivery services. The Company anticipates more states to follow and will be poised to offer this earth-friendly solution when the market needs it the most.
GoodGuard™ dual-sided tamper evident containers will be available in both commercially compostable PLA and curbside recyclable Bio-PET, both of which make use of renewable, plant-based materials to deliver an industry leading and exclusive assortment of tamper evident food packaging in the US and Canada.
These multi-purpose tamper evident containers will be available in 6 versatile sizes including 8, 12, 16, 24, 32 and 48oz and have all the features that good natured® is known for including durable plant-based materials, leak resistance, stackability and enhanced product visibility. In addition, this US patent pending design includes an intuitive feature with no tear-away strips or small pieces that can escape waste/recycling streams to accumulate in land and marine environments.
“I am particularly proud of our R&D and Engineering team at good natured® and their passion to create real-world solutions that meet the needs of both the environment and our customers,” stated Paul Antoniadis, CEO of good natured®. “By developing a wide assortment of high frequency products and packaging, we’re able to drive out the adoption of renewable, plant-based materials more quickly than if we focused on a single niche. Ultimately, it’s less risky for our business model and more beneficial for the environment.”
“With the acquisitions of Shepherd Thermoforming, IPF and Ex-Tech Plastics, our growing technical team now includes in-house expertise in plant-based materials, tooling technology and emerging processing capabilities,” stated Michel Labonte, CTO at good natured®. “Our technical team loves a good challenge and developed an innovative new packaging design and processing technique that takes into account the technical specifications of PLA to deliver a strong, safe packaging solution that’s made from plants, not petroleum.“
For more information visit: https://goodnaturedproducts.com/collections/tamper-evident-food-packaging
The good natured® corporate profile can be found at: investor.goodnaturedproducts.com
– https://leginfo.legislature.ca.gov/faces/billTextClient.xhtml?bill_id=201920200AB3336
About good natured Products Inc.
good natured® is passionately pursuing its goal of becoming North America’s leading earth-friendly product company by offering the broadest assortment of eco-friendly options made from plants instead of petroleum. We’re all about making it easy and affordable for business owners and consumers to switch to better everyday products® made from renewable materials and free from chemicals of concern.
Part of the sustainable consumer goods market, good natured® offers over 400 products and services through wholesale and retail channels, including our own e-commerce stores. From plant-based home organization products to compostable food containers, bioplastic industrial supplies and medical packaging, we’re focused on delivering a great customer experience to make more plant-based products readily accessible to more people as the path to deliver meaningful environmental and social impact.
For more information: goodnaturedproducts.com
On behalf of the Company:
Paul Antoniadis – Executive Chair & CEO
Contact: 1-604-566-8466
Investor Contact:
Spencer Churchill
Investor Relations
1-877-286-0617 ext. 113
invest@goodnaturedproducts.com
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