Naturally Splendid - Leader in the Science and Technology of Hemp-based Health Products | Summary and Q&A

TL;DR

Naturally Splendid is a vertically integrated company in the food and biotechnology sector, offering diverse products and services to provide a comprehensive value proposition to customers.

Key Insights

• 😋 Dave Edo brings substantial experience from the food processing sector to Naturally Splendid.
• 👻 Naturally Splendid's vertical integration allows them to offer a diverse range of products and technologies.
• 👨‍💼 The company aims to provide customers with a comprehensive value proposition by integrating all components of their business.
• 🌱 They have developed a strategic plan and are actively building relationships with ingredient suppliers and utilizing resources in Vancouver, Canada.

Transcript

Read and summarize the transcript of this video on Glasp Reader (beta).

Questions & Answers

Q: What is Dave Edo's background in the food processing sector?

Dave Edo has invested 30 years in the food processing sector, working with companies like Robin Hood multifoods, Premium Brands, and the BC Dairy Association. He has experience in managing manufacturing plants and working with Dairy Farmers.

Q: What makes Naturally Splendid unique compared to other companies in the industry?

What sets Naturally Splendid apart is its vertical integration, offering a wide range of products and services. They have access to commodity products like hemp and flax, and also possess specialized technologies like hemp Omega and higher hemp protein isolate.

Q: How does Naturally Splendid provide a comprehensive value proposition to customers?

Naturally Splendid is not just focused on selling individual products. They aim to integrate all parts of their business to offer a complete solution. They can act as a supplier, a co-packer, and even provide market access to countries like South Korea, Japan, and Thailand.

Q: What are Naturally Splendid's plans for the future?

They have recently developed a strategic plan and an aggressive budget. They are making key associations with business-to-business ingredient suppliers and leveraging the resources available in Vancouver, Canada. Their goal is to supply customers with Canadian products for many years to come.

Summary & Key Takeaways

• CEO Dave Edo has an extensive background in the food processing sector, having worked with various companies and manufacturing plants in Canada and the US.

• Naturally Splendid is unique in its vertical integration, offering commodity products like hemp and flax, as well as specialized technologies such as hemp Omega and higher hemp protein isolate.

• With six major components to their business, Naturally Splendid aims to provide customers with a comprehensive value proposition, offering supply, co-packing, and market access services.