News

Recognizes Tremendous Demand for Product Launch Locally: More Than 24,000 Sample Reservations from Across Canada

Vancouver,British Columbia, Canada – June 07, 2022 – bettermoo(d)Food Corporation (CSE: MOOO), (OTCQB: MOOOF), (Frankfurt: 0I50,WKN: A3DNBE) (the “Company”or “bettermoo(d) Food”), is pleased to announce that its wholly-owned subsidiary,dairy alternatives brand, bettermoo(d) Holdings Corp. (“bettermoo(d)”), hasreceived tremendous interest for its Moodrink with over 24,000online reservations to receive their first order.

So far, theCompany has received a total of 24,193 onlinesign ups from consumers opting to reserve a Moodrink. This is anincredible response from consumers, as it shows there is tremendous interest ina unique dairy alternative like ours and the Company believes its uniqueproducts go beyond targeting just vegan consumers. Subscribers will alsoreceive future product alerts, letting them know when new flavours of Moodrinkare available, or when new products such as cheese, ice cream and butter arelaunching. This will play a valuable role in the Company’s future marketingefforts as it allows the company to target consumers with specific buyingpreferences and engage its audience to build the brand.

The Companyviews the local Canadian market as a market study, and values the exceptionaldemand as a unique success story. With Canadian consumers having similar buyingpatterns to Americans, there is significant evidence to show there is a desirefor great tasting, premium dairy replacement products in North America andglobally.

With thecommercial launch of the product weeks away, the Company believes it can turnmost of these subscribers into repeat customers who will continue to purchase Moodrinkon a regular basis and will look to buy bettermoo(d)’s new products onceavailable.  

Furthermore,bettermoo(d) received outstanding reception atthis year’s Vancouver’s Planted Expo (the “Expo”) with over threethousand (3000) attendees showing great interest and trying Moodrink tastersamples. The Planted Expo is Canada’s premier sustainable, vegan &vegetarian event enabling companies across the country to showcase their vegan, holistic, non-GMO, ororganic products. The event brings together the benefits of living aplant-based and sustainable lifestyle.  The Companybelieves the large number of participants showing interest in the Company’sflagship product, along with the enormous number of online reservations forMoodrink, indicate a promising future for bettermoo(d)both in Canada and abroad.

“We arethrilled with the number of people who have signed up to receive our product.The positive response we have had from customers who resonate with our mission,and want our product, has been enormous. I believe this signifies that we willbe extremely popular once we get on shelves not just with the Moodrink but alsowith our other product lines once launched. Based on the positive feedback wehave received, we feel that we could turn most of these 24,000 subscribers intolifelong bettermoo(d) customers,” stated Nima Bahrami, CEO of bettermoo(d) Holdings.”  

ABOUT BETTERMOO(D) FOOD CORPORATION

bettermoo(d) Food Corporation is an innovativebeverage company focused on delivering high quality products through online andin-store retail platforms. Bettermoo(d) Food Corporation utilizes social mediato deliver educational experiences for their customer base while demonstrating -pioneering beverage technologies.

ONBEHALF OF THE BOARD of DIRECTORS

Steve Pear

Chief ExecutiveOfficer and Director

bettermoo(d) Food Corporation

For further information please contact:

Email:investors@bettermoodfoodcorporation.com

Website:www.bettermoo.com

Phone:1-855-715-1865

TheCSE does not accept responsibility for the adequacy or accuracy of thisrelease.

Thisnews release may contain certain forward looking statements and forward lookinginformation (collectively, “Forward-Looking Statements”) within the meaning ofthe applicable Canadian and U.S. securities laws, including the United StatesPrivate Securities Litigation Reform Act of 1995. All statements, other than statementsof historical fact, included herein including, without limitation, statementswith respect to the anticipated commercial production of Moodrink, areforward-looking statements. When or if used in this news release, the words“anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”,“may”, “schedule” and similar words or expressions identify forward-lookingstatements or information. Such statements represent the Company’s currentviews with respect to future events and are necessarily based upon a number ofassumptions and estimates that, while considered reasonable by the Company, areinherently subject to significant business, economic, competitive, politicaland social risks, contingencies and uncertainties. Many factors, both known andunknown, could cause results, performance, or achievements to be materiallydifferent from the results, performance or achievements that are or may beexpressed or implied by such forward-looking statements. The Company does notintend, and does not assume any obligation, to update these forward-lookingstatements or information to reflect changes in assumptions or changes incircumstances or any other events affecting such statements and informationother than as required by applicable laws, rules and regulations.