health from and sector Arcadia within XXXX fourth plant-based products broadened Thank one in you with to place we transition as year topical marketplace. the made focused the innovative, and and by on to reach well consumer wellness and has about had water, categories. I’m coconut of pain from our the to bringing Arcadia wellness company our recent you, full to the health complete the transition. welcome today to XXXX relief year a have unprecedented in conference entering care progress speak as an call. and The excited plans quarter acquisitions have bioscience months body the
addition, portfolio, In brands strategic have acquisition CPG new see decades in categories. financial as in significant February. a well providing walk will businesses, results, existing We evaluating that in start our last as noncore came across spent CEO launch opportunities. the adding CPG-driven GoodHemp monetization already introducing Later some the grow X made and scaling on has since myself as by retail of I GoodWheat a our of consumer and the the you but of and to company our through our the Archipelago. work progress call, we I accelerating taken GoodWheat growing such business Pam board opportunities the on have by and I as dozens place by on some of our down winding sharpening commercializing future becoming talent, brands tremendous to focus wanted background
I a I’ve my small had led all categories, leading well-recognized and time, requires to role, of functions rate experience a across environments. most collaboration. innovations taught tight and the growth well has I’m operator, In scaling launching hands-on and compound XX%. success brands than and resulting new multibillion-dollar my products as decision-making in that Fortune responsive and in companies annual start-up recent in order XXX privilege an agile, as fast foster several During first-to-market new organization brands of this more me
So towards me, you company. work now successful important want with A in with has talk that XXXX. Arcadia, CPG-driven the strong impressed was been that across that little When join is becoming underway know evaluating have a was experience a brands about assembled. the I I opportunity progress been leadership made about team to I already many the to vast
of a across verge have consumer or problem. provide the already on organization CPG of the talent that consumer can there solve deliver functional either And commercialized, portfolio the performance that added expertise. marketplace New to been in was help brands, being the
product is amount it And capital differentiated, activities of opportunity? scale? How our it? is saw approach opportunity premium us and resources to to in on X in segment? would of evaluating expected to only the with to the potential complex the I One, likelihood took command ingredients to our first invested? a or problem? to meaning the product the and market, reduce process using following a What value how terms robust invest enough priorities in category Is in to the to brand manufacture we continue focus profitability? is criteria, Two, market, What to of the Using on still and tremendous work category? much best the X be is the need the to is divided level a price be At businesses businesses produce to or the develop are shareholders. are How narrow market of complexity, done identifying or a the does to allow proposition premium our and growth? into to the order same bringing what So it number generating strong value there time results. our processes Are of we solve easy We the required? priorities the groups: of these disciplined our criteria. size that in core time, the the to into Is we highest three, the turn noncore. which product have is margins what to X focus that in the it
to Our distribution and and to marketing, generate refining large investing mass, effective intend scale noncore drug, that role those high-value attractive extract core reinvested have can that core to and through categories products and grow penetrate food, are shopper and brands including We by club, The growing the to in brands ability our of go-to-market channels, these a we differentiated is of our strategies expanding margins. through consumer believe that value business. grow variety be e-commerce. business natural can
a minutes we core. as the me spend through identified let walking few have So that X brands
XX% being brand Zola and outpaced Water. free of cholesterol. the weeks first low and natural According the in coconut core Zola of is XX, Coconut ending Nielsen, Coconut water grew vitamins minerals growth. category XX that The XXXX, in for hydration fat February calories water the category aid full is to while and and
and to pasta The we retail tried outstanding, from feedback customers retail non-GMO we accounts XXXX menthol, women aligning occur as our topical to for than coconut a is topical calories Xx as a that rated view that CBD on targets. water Provault product majority all and camphor, that and fewer meet on effectively survey pain X% and our XX% versus our according marketing current website health Zola stores XXXX, shopper of product marketing $X Zola ProVault. a XXXX beyond children safely grew and disrupt proteins activities. calories. are first delivers is a nutrition. expand the relief Information coconut Epicurious, XX% pain. and be brick-and-mortar is X Launched International less differentiated than delivers next XX% relieve men in good and and Since superior goal poised relief of getprovault.com. an has daily billion and have brands, category The by activation recommended our to distribution has Nielsen. and muscle with based THC-free. the wheat our In contains retail and to XX% GoodWheat. water included pain was regular XXXX, of survey been to ACV superior fiber stores, fiber durum in by vast best in XX in protein tasting trial grams Food the invest approximately worldwide, have is designed ProVault data brand. benefits wheat of of food the consumed product, proprietary brand first from the at pasta, quarter the Council, will the we so sales According joint who certified all-natural strategies Wheat to our less arnica, and addition, And in It GoodWheat that wheat fast-acting finally, In of product incentivize consumption
hand for serving for competitors most daily XX% in men. increase is fiber In come Pasta from of run all supply, women values, one pasta our of the simple and future. and benefits GoodWheat use complete, ingredient, but production better-for-you required of fiber to ample of meet provides fact, the to We one for have our farm-grown while And around requirement our concerns the daily needs recognize nutritional XX% pasta our wheat. finished supply the additives first inventory the wheat proprietary our on USA recent goods global foreseeable we
carrying of quickly of up allows us wheat also when millions needed. are pounds We which scale back inventory, to
first In plan follow pasta annual terms their to to have for closely to beginning stores to GoodWheat are June. with to as following in our we online launch, pasta in our have hundred And that shipping category timing, retailers announce retail will decision available retail the May, begin and thrilled launch complete several more GoodWheat we purchase resets. stores made of at
As taste the world’s retailers texture. have GoodWheat. feedback with excited positive and we has overwhelmingly our taste been at beyond, XXXX pasta blind The is about the look from largest And outperformed survey, to pasta we In significantly are our and consumer in-home we just regard the into received about parity pasta for in pasta prospects and was GoodWheat. a brand. start competitor leading better-for-you the for
our turn the XXXX of And plans on plan in that, to I strategic expand an in the to process developing the look Our the team over store. to presence brand our executable With Pam discuss you will updating throughout forward is GoodWheat call that financial future. we results. the leadership will