THE YUMY CANDY COMPANY LAUNCHES THE WORLD’S LARGEST SALES COMPANY IN HUNDREDS OF WALMART LOCATIONS NATIONWIDE

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VANCOUVER, BC, July 8, 2022 /CNW/ – The Yumy Candy Company Inc., (CSE:TYUM) (“Yumy” or the “Company”) Canada’s first publicly traded low-sugar plant-based confectionery company is pleased to announce that it is launching at hundreds of Walmart Canada locations. The Yumy Candy Company is featured in the “Better for You” sections of Walmart’s Nation wide. Walmart is a supercenter chain with 408 stores in almost every province Canada. Walmart Canada is a subsidiary of Walmart Inc., a multinational retail company that operates a chain of supercenters, discount stores and grocery stores including e-commerce channels. Walmart Inc. was founded back in 1962 and onwards April 2022the conglomerate has 10,585 shops and clubs in 24 countries inclusive Canada, The United States, India, Mexico, Central America, India, Chile, South Africa, Brazil among many others. Walmart is the top-grossing company in the world with around $570 billion in annual sales according to Fortune Global 500 in May 2022. It is also the largest employer in the world with 2.2 million employees worldwide.

“Walmart has been one of our biggest target customers from the beginning of our retail launch as we aim to make our product accessible to everyone. We’ve worked very hard to make our product affordable and affordable for major retailers like Walmart. Walmart, it’s a complete game changer for our business as their customer base and reach is second to none.” Eric Williams, Founder and CEO. “As we continue to rise to become big-name retailers and sellers, we want Yumy Candy to be a household staple in homes everywhere North America.”

The Yumy Candy is an affordable, health-conscious, plant-based, low-sugar candy company based in Vancouver, British Columbia and it has developed a portfolio of healthier gelatin-free candies made with non-GMO ingredients using proprietary recipes. All products are free from gelatin, soy, gluten, nuts, dairy, egg, sugar alcohols, artificial sweeteners and genetically modified organisms.

THE YUMY CANDY COMPANY INC.

Eric WilliamsCHAIRMAN
Phone: (604) 449-2026 Email: [email protected]

Cautionary Statement Regarding Forward-Looking Information

Except for statements of historical fact, this press release contains “forward-looking information” within the meaning of applicable securities laws. The information contained in this press release regarding the Company’s future plans and objectives is forward-looking information. This forward-looking information is based on reasonable assumptions and estimates made by the Company’s management at the time it is prepared and involves known and unknown risks, uncertainties and other factors that could cause the Company’s actual results, performance or achievements to differ materially from future ones results, performance or achievements expressed or implied by such forward-looking information. These factors include, among others: general business, economic and social uncertainties; local and global market and economic uncertainties arising in relation to the COVID-19 pandemic; litigation, availability of key product components, legal, environmental and other judicial, regulatory, political and competitive developments; the ability to effectively expand manufacturing and production capacity; the ability to attract retail partners to distribute Company products, the success of go-to-market initiatives and the ability to increase brand awareness; the ability to attract, maintain and grow relationships with key strategic vendors; our ability to predict consumer taste preferences; delay or failure to obtain regulatory approvals; sufficient liquidity to meet liquidity needs; those additional risks detailed in the Company’s public documents filed on SEDAR at www.sedar.com; and other matters discussed in this press release. Accordingly, the forward-looking statements discussed in this press release may not materialize and may differ materially from 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 the forward-looking statements are reasonable, you should not place undue reliance on these statements, which speak only as of the date of this press release, and make no representations about them are given events will occur in the specified time periods 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 Yumy Bear Goods Inc.

For more information: Erica Williams, CEO, Phone: (604) 449-2026, Email: [email protected]

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