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"February 5, 2020— (Vancouver, BC) good natured Products\nInc. (the “Company” or “good\nnatured®”) (TSX-V: GDNP) today announced that it has signed commercial\nagreements to supply custom designed plant-based packaging with two US food\nproducers who distribute throughout the United States. The Company estimates\nthe agreements will deliver between $1.7 million to $2.0 million (Canadian\ndollars) in organic growth on an annualized basis, and between $1.0 million to\n$1.2 million in the current fiscal year.\n\n\n\nThe agreements have an average term of 3 years and are expected\nto deliver blended gross margins of between 28% to 33% in fiscal 2020. \n\n\n\nThese agreements provide further evidence of good natured® market share gains and execution\ntowards its goal of becoming the leading plant-based product and packaging\ncompany in North America. good natured®\nalso recently announced its estimated, unaudited 2019 revenue with a growth\nrate of 94% to 100%.\n\n\n\n“We continue to hear from a growing number of food producers and\ngrocers with a keen interest in finding more eco-friendly packaging solutions\nfor their proprietary product lines,” said Paul Antoniadis, CEO of good natured®. “The agreements with\nthese two producers highlight the value of our proposition to create custom packaging\nsolutions that allow producers to switch from petroleum to renewable,\nplant-based alternatives that are free from chemicals of concern.”\n\n\n\nAbout good natured Products Inc.\n\n\n\ngood natured® is producing and distributing one of North America’s widest assortments of better everyday products® made from the highest possible percentage of renewable, plant-based materials and no BPAs, phthalates or other chemicals of concern potentially harmful to human health and the environment. \n\n\n\nBy combining cutting-edge\nrenewable material technology and the latest sustainable features, good natured® creates eco-friendly\nproducts and packaging that can do good for the planet, good for human health and\ngood for business by focusing on innovative designs, minimizing waste and\nimproving logistics, all bundled up in a fresh and friendly brand.\n\n\n\nFor more information: goodnatured.ca\n\n\n\nOn behalf of the Company:\n\n\n\nPaul Antoniadis – Chief Executive Officer\n\n\n\nContact: 1-604-566-8466\n\n\n\nInvestor Contact:\n\n\n\nCaleb JeffriesKin Communications1-866-684-6730GDNP@kincommunications.com\n\n\n\nNeither\nTSX Venture Exchange nor its Regulation Services Provider (as that term is\ndefined in the policies of the TSX Venture Exchange) accepts responsibilities\nfor the adequacy or accuracy of this release.\n\n\n\nCautionary Statement Regarding Forward-Looking Information  \n\n\n\nInformation in this news release regarding estimates of future sales constitutes forward-looking information within the meaning of securities laws. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.Such factors include, among others, the risk that future orders may not be placed by the customer due to loss of business to our competitors, replacement of our products with substitutes, a downturn in general economic, market and business conditions or in our customer’s business specifically, or otherwise and that as a result, actual sales may be lower than estimated.\n\n\n\nWhen relying on the Company’s forward-looking\nstatements and information to make decisions, investors and others should\ncarefully consider the foregoing factors and other uncertainties and potential\nevents. The Company has assumed that the material factors referred to in the\nprevious paragraph will not cause such forward-looking statements and\ninformation to differ materially from actual results or events. However, there\ncan be no assurance that such assumptions will reflect the actual outcome of\nsuch items or factors. Other than as required under securities laws, we do\nnot undertake to update this information at any particular time.Forward-looking\ninformation contained in this news release is based on our current estimates,\nexpectations and projections regarding, among other things, sales volume and\npricing which we believe are reasonable as of the current date. The reader\nshould not place undue importance on forward-looking information and should not\nrely upon this information as of any other date.  All forward-looking information contained in\nthis news release is expressly qualified in its entirety by this cautionary\nstatement.\n\n\n\n"
<https://goodnaturedproducts.com/blogs/news/good-natured-signs-two-multi-year-commercial-agreements-with-us-food-producers>