MODERN MEAT PLANT-BASED FOODS LAUNCHES WHOLE FOOD PRODUCTS

VANCOUVER, BC, June 9, 2022 /CNW/ – Modern Plant Based Foods Inc., (ESC: MEAT) (“Modern Plant Based Foods”) or (the “Company”), Modern Plant Based Foods Inc., (CSE: MEAT) (“Modern Plant Based Foods”) or (the “Company”), an award-winning plant-based food company, is pleased to announce that Modern Pant Based Foods Inc. (a meat-alternatives factory offering a variety of healthy, chef-inspired vegan products), has launched its products at select Whole Foods Market stores. Whole Foods Market IP, Inc. is an American multinational supermarket chain known as the industry leader in high-quality, organic food products. Whole Foods Market is headquartered in Austin, TX, which sells products free of hydrogenated fats and artificial colors, flavors and preservatives. The supermarket chain currently has over 500 locations across North America.

Modern Plant Based Foods Inc. Logo (CNW Group/Modern Plant Based Foods Inc.)

This initial launch includes the Modern Burger, Modern Mini Burger, Modern Crumble and Modern Crables Cakes. Products are distributed to each location through a mutually trusted major distributor across British Columbia. The distributor is western canada leading distributor of organic and natural foods, natural personal care items and nutritional health supplements. Horizon is the supplier to major natural grocery chains, independent grocery and grocery stores, independent natural health stores, buying clubs, restaurants, cafes and specialty retailers through a fleet of trucks and public carriers.

“The acceptance of our products by Whole Foods is a major milestone and achievement for our company. It is a true testament that our products are suitable for major natural food channels, as they maintain the highest quality standards of industry and have an unwavering commitment to This has been one of our main goals from the beginning and we look forward to expanding our other product lines in the chain in the future. Cassidy McCord, CEO of Modern Plant Based Foods. “With the support of Whole Foods, our brand, we will continue to work to secure key partnerships for Modern Meat, as well as our other Modern Plant-based Foods brands.”

Caution Regarding Forward-Looking Information

This press release contains certain “forward-looking statements” and “forward-looking information” under applicable Canadian securities laws that are not historical facts.

This press release contains certain “forward-looking statements” and “forward-looking information” under applicable Canadian securities laws that are not historical facts. Forward-looking statements involve risks, uncertainties and other factors that could cause actual results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements in this press release include, but are not limited to, statements regarding: the company and the company’s business and prospects; the Company’s future objectives, goals or plans; the company’s sales growth, planned expansion, awareness of the company’s brands, future sales and revenue growth, availability of modern meat products through GFS, as well as business, operations, management and the capitalization of the company. Forward-looking statements are necessarily based on a number of estimates and assumptions which, while believed to be reasonable, are subject to known and unknown risks, uncertainties and other factors which may cause actual results to differ. and future events will differ materially from those expressed or implied by such forward-looking statements. These factors include, but are not limited to: general business, economic and social uncertainties; local and global economic and business uncertainties related to the COVID-19 pandemic; litigation, availability of key product ingredients, legislative, environmental and other legal, regulatory, political and competitive developments; the ability to effectively increase manufacturing and production capacity; the ability to obtain retail partners to distribute the Company’s products, the success of market initiatives and the ability to increase brand awareness; the ability to attract, maintain and expand relationships with key strategic restaurant and foodservice partners; our ability to predict consumer taste preferences; delay or failure to receive regulatory approvals; the sufficiency of our liquidity to meet liquidity needs; such additional risks set forth in the Company’s public filings on SEDAR at www.sedar.com; and other matters discussed in this press release. Accordingly, the forward-looking statements discussed in this release may not occur and may differ materially due to these known and unknown risk factors and uncertainties affecting the Company. Although the Company believes that the assumptions and factors used in the preparation of forward-looking statements are reasonable, undue reliance should not be placed on such statements, which speak only as of the date of this press release, and no no assurance can be given that such statements of events will occur within the time periods disclosed or at all. Except as required by law, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

SOURCE Modern Plant Based Foods Inc.

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Rozella J. Cook