Smart for Life, Inc. acquires, develops, manufactures, operates, markets, and sells nutraceutical and related products in the United States and internationally. It offers natural health and wellness meal replacement products, including nutrition bars, cookies, soups and shakes, vitamins, and supplements; dietary supplements; nutritional supplements for athletes and active lifestyle consumers comprising powders, tablets, and soft gels; and various nutritional supplements. It sells its products through online market platforms. The company was formerly known as Bonne Santé Group, Inc. and changed its name to Smart for Life, Inc. in August 2021. Smart for Life, Inc. was founded in 2002 and is based in Miami, Florida.
IPO Year: 2023
Exchange: NASDAQ
Website: https://www.smartforlife.com
MIAMI, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Smart for Life, Inc. (OTC:SMFL) ("Smart for Life" or the "Company"), a distinguished leader in the Health & Wellness sector specializing in the marketing and manufacturing of nutritional supplements and foods, today announced significant progress in strengthening its balance sheet following a series of restructuring initiatives over the past several quarters. The Company has significantly improved its financial position, transitioning from negative net stockholders' equity to over $9.4 million in positive net stockholders' equity as of September 20, 2024. The Company also announced that it has successfully filed its 2023 annual report on Form 10-K
MIAMI, Sept. 20, 2024 (GLOBE NEWSWIRE) -- Smart for Life, Inc. (OTC:SMFL) ("Smart for Life" or the "Company"), a distinguished leader in the Health & Wellness sector specializing in the marketing and manufacturing of nutritional supplements and foods, today provided an update following its delisting from Nasdaq, which was primarily due to delays in the completion of its audit. The Company's common stock continues to be quoted on the OTC Markets, and the ticker symbol "SMFL" remains unchanged. Management believes this move to the OTC Markets is temporary and the Company plans to reapply for listing as soon as it is fully compliant with the listing requirements. "We are working diligently
MIAMI, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Smart for Life, Inc. (NASDAQ:SMFL) ("Smart for Life" or the "Company"), a distinguished leader in the Health & Wellness sector specializing in the marketing and manufacturing of nutritional supplements and foods, today announced that Darren Minton, Chief Executive Officer of Smart For Life, will be participating at the H.C. Wainwright 26th Annual Global Investment Conference, which is being held September 9th - 11th, 2024 at the Lotte New York Palace Hotel in New York City. The H.C. Wainwright Global Investment Conference brings together companies, industry professionals and investors from various business sectors, including Heath & Wellness, for
MIAMI, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Smart for Life, Inc. (NASDAQ:SMFL) ("Smart for Life" or the "Company"), a distinguished leader in the Health & Wellness sector specializing in the marketing and manufacturing of nutritional supplements and foods, today announced its participation in the launch of the Newtopia Now 2024 Conference, scheduled to take place from August 25th to 28th at the newly expanded convention center in Denver, Colorado. Newtopia Now is a new kind of B2B trade event where brands and buyers connect in new ways and are empowered to co-create the next era of purpose-led CPG and retail through a deeper level of engagement. From curated, elevated matchmaking to interact
MIAMI, Aug. 26, 2024 (GLOBE NEWSWIRE) -- Smart for Life, Inc. (NASDAQ:SMFL) ("Smart for Life" or the "Company"), a distinguished leader in the Health & Wellness sector specializing in the marketing and manufacturing of nutritional supplements and foods, today provided an update on the potential expansion of the Company's acquisition pipeline and an update on its M&A activities. Currently, the Company is negotiating four profitable Health & Wellness acquisitions and exploring additional prospects as part of its post-restructuring strategy. These targets include Purely Optimal Nutrition, a liquid manufacturer, an established supplement brand, and a wholesale manufacturer and distributor. C
MIAMI, Aug. 22, 2024 (GLOBE NEWSWIRE) -- Smart for Life, Inc. (NASDAQ:SMFL) ("Smart for Life" or the "Company"), a distinguished leader in the Health & Wellness sector specializing in the marketing and manufacturing of nutritional supplements and foods, announced today the expansion of the Company's acquisition pipeline through the engagement of Amerivest Group, providing the Company with M&A opportunities through their established network. The announcement was made jointly by A.J. Cervantes, Jr., Chairman of Smart for Life and Scott A. Levine, Regional Director of Amerivest Group. "Amerivest Group is a premier M&A advisory firm that has been in business for over 40 years, and we are de
Company Negotiating Acquisition of Four Profitable Health & Wellness Targets Multiple Exploratory Discussions Underway with Additional Acquisition Targets as Part of Phase 2 of the Company's Post-Restructuring Initiatives Acquisitions Timeline Expected to Accelerate After Company's Filing of Form 10-K and 10-Qs MIAMI, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Smart for Life, Inc. (NASDAQ:SMFL) ("Smart for Life" or the "Company"), a distinguished leader in the Health & Wellness sector specializing in the marketing and manufacturing of nutritional supplements and foods, announced today the potential expansion of the Company's acquisition pipeline and provided an update on its M&A activiti
MIAMI, July 09, 2024 (GLOBE NEWSWIRE) -- Smart for Life, Inc. (NASDAQ:SMFL) ("Smart for Life" or the "Company"), a leader in the Health & Wellness sector specializing in the marketing and manufacturing of nutritional supplements and foods, today announced that it has appointed Jessica Walters as the Company's new Chief Marketing Officer. Ms. Walter's appointment as CMO is believed by management to position Smart for Life for long term growth and utilize the Company's IP from its acquisitions to increase sales opportunities across its portfolio. "Our appointment of Jessica Walters as CMO represents a strategic effort to broaden our reach and strengthen our position in the Health and Wellne
MIAMI, July 02, 2024 (GLOBE NEWSWIRE) -- Smart for Life, Inc. (NASDAQ:SMFL) ("Smart for Life" or the "Company"), a distinguished leader in the Health & Wellness sector specializing in the marketing and manufacturing of nutritional supplements and foods, today announced its upcoming participation at the Institute of Food Technologists (IFT) FIRST Annual Event and Expo, taking place from July 14-17, 2024, in Chicago, Illinois. The IFT FIRST Annual Event is a premier gathering of the brightest minds in food science, technology, and related fields. It offers a dynamic platform for professionals to exchange ideas, discover new research, and forge valuable connections. Smart for Life will be
MIAMI, June 20, 2024 (GLOBE NEWSWIRE) -- Smart for Life, Inc. (NASDAQ:SMFL) ("Smart for Life" or the "Company"), a prominent leader in the Health & Wellness sector specializing in the marketing and manufacturing of nutritional supplements and foods, today announced its participation in the International Society of Sports Nutrition's 2024 Conference. The conference, officially titled the ISSN 21st Annual Conference and Expo, is scheduled to take place June 18-20, 2024 in Bonita Springs, FL, providing an excellent platform for Smart for Life to grow its brand and engage with potential acquisition and strategic partners. The ISSN 21st Annual Conference and Expo is a premier event that brings
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Revenue Increases 401.2% Year-Over-Year to $4.3 Million for the Second Quarter of 2022 Due to Successful Acquisition Strategy Gross Profit Margin Increases to 41.6% Versus 1.1% for the Same Period Last Year MIAMI, Aug. 15, 2022 (GLOBE NEWSWIRE) -- Smart for Life, Inc. (NASDAQ:SMFL) ("Smart for Life" or the "Company"), a high growth global leader in the health & wellness sector, marketing and manufacturing nutritional foods and supplements worldwide, today provided a business update and reported financial results for the second quarter ended June 30, 2022. "We continue to generate solid year-over-year growth with revenues increasing more than four-fold to $4.3 million for the second quar
MIAMI, Aug. 10, 2022 (GLOBE NEWSWIRE) -- Smart for Life, Inc. (NASDAQ:SMFL) ("Smart for Life" or the "Company"), a high growth global leader in the health & wellness sector, marketing and manufacturing nutritional foods and supplements worldwide, reminds investors that it will host a conference call today, Wednesday, August 10, 2022, at 4:15 P.M. Eastern Time (ET) to discuss the Ceautamed Worldwide acquisition, positive developments, and new strategic initiatives. The conference call will be available via telephone by dialing toll-free +1 888-506-0062 for U.S. callers or +1 973-528-0011 for international callers and entering access code 354190. A webcast of the call may be accessed at htt
MIAMI, Aug. 08, 2022 (GLOBE NEWSWIRE) -- Smart for Life, Inc. (NASDAQ:SMFL) ("Smart for Life" or the "Company"), a high growth global leader in the health & wellness sector, marketing and manufacturing nutritional foods and supplements worldwide, today announced it will host a conference call on Wednesday, August 10, 2022, at 4:15 P.M. Eastern Time (ET) to discuss the Ceautamed Worldwide acquisition, positive developments, and new strategic initiatives. The conference call will be available via telephone by dialing toll-free +1 888-506-0062 for U.S. callers or +1 973-528-0011 for international callers and entering access code 354190. A webcast of the call may be accessed at https://www.we
Trout Lake, WA , June 24, 2022 (GLOBE NEWSWIRE) -- Nutraceutical Insights, a nutraceutical website publishing periodic industry reports, today announced the publication of a market overview titled "Sector Opportunity: Nutraceutical Market Report," by market analyst Arthur Goldgaber of Goldgaber Research Group. The report describes the nutraceutical industry, which has experienced significant growth globally, propelled by the increasing age expectancies and associated increases in diseases of aging and lifestyle. A shift in demographics has also allowed manufacturers to benefit in recent years. The report states, "Amid the COVID-19 pandemic, the global nutraceutical market is projected to
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MIAMI, July 09, 2024 (GLOBE NEWSWIRE) -- Smart for Life, Inc. (NASDAQ:SMFL) ("Smart for Life" or the "Company"), a leader in the Health & Wellness sector specializing in the marketing and manufacturing of nutritional supplements and foods, today announced that it has appointed Jessica Walters as the Company's new Chief Marketing Officer. Ms. Walter's appointment as CMO is believed by management to position Smart for Life for long term growth and utilize the Company's IP from its acquisitions to increase sales opportunities across its portfolio. "Our appointment of Jessica Walters as CMO represents a strategic effort to broaden our reach and strengthen our position in the Health and Wellne
SOLANA BEACH, Calif., May 07, 2024 (GLOBE NEWSWIRE) -- Inspired Specialty Products Inc., creator of the popular ōku® Conscious EnergyTM gummy snacks, proudly announces the appointment of Ryan F. Zackon as co-chair of its Board of Directors. A seasoned leader in the consumer-packaged goods and health and wellness industries, Zackon joins co-chair Kenneth B. Hamlet, former CEO of Holiday Inns Inc. Hotel Group, then the largest hospitality and gaming company in the world, and Patti Larchet, former CEO of Jenny Craig International. "We are excited to welcome Ryan to our team" expressed Carolyn J. Hamlet, founder and CEO. "His proven expertise will be key to propelling ōku®'s strategic growth
MIAMI, April 24, 2024 (GLOBE NEWSWIRE) -- Smart for Life, Inc. (NASDAQ:SMFL) ("Smart for Life" or the "Company"), a global leader in the Health & Wellness sector marketing and manufacturing nutritional supplements and foods, announced today that it has appointed David Trosin, the Managing Director of Health Sciences Certification at NSF International, to the Company's advisory board. "David Trosin joins Smart for Life with decades of industry experience, and a career providing certification and risk management solutions to international clients, retailers and professional sporting organizations around the world," said Darren Minton, CEO of Smart for Life. "We are excited to have David joi
MIAMI, April 18, 2024 (GLOBE NEWSWIRE) -- Smart for Life, Inc. (NASDAQ:SMFL) ("Smart for Life" or the "Company"), a global leader in the Health & Wellness sector marketing and manufacturing nutritional supplements and foods, announced today that it has appointed a 30-year veteran of the nutraceutical industry, Heather Granato, to the Company's Board of Directors and released a corporate video. "Heather Granato brings decades of nutraceutical industry experience, a career in journalistic outreach, content creation and marketing initiatives to Smart for Life and our Board of Directors," stated Darren Minton, CEO of Smart for Life. "Having been recently appointed to our team of advisors, we
MIAMI, March 21, 2024 (GLOBE NEWSWIRE) -- Smart for Life, Inc. (NASDAQ:SMFL) ("Smart for Life" or the "Company"), a global leader in the Health & Wellness sector marketing and manufacturing nutritional supplements and foods, announced today that it has appointed a 30-year veteran of the nutraceutical industry, Heather Granato, to the Company's advisory board. "Heather Granato joins Smart for Life with decades of industry experience, a career in journalistic outreach, content creation and marketing initiatives, as well as a passion for promoting equality and representation in the nutraceutical industry," said Darren Minton, CEO of Smart for Life. "We are excited to have Heather join our ad
Brown Also Engaged to Expand Company's Pipeline of Prospective AcquisitionsMIAMI, FL / ACCESSWIRE / March 11, 2024 / Smart for Life, Inc. (NASDAQ:SMFL) ("Smart for Life" or the "Company"), a global leader in the Health & Wellness sector marketing and manufacturing nutritional supplements and foods, announced today that it has appointed Loren Brown to the Company's Board of Directors."Loren Brown joins Smart for Life as a distinguished industry executive, boasting extensive experience and a robust network of business relationships," stated Darren Minton, CEO of Smart for Life. "His profound industry knowledge coupled with his expertise in the capital markets positions him ideally to bolster o
MIAMI, Sept. 15, 2023 (GLOBE NEWSWIRE) -- Smart for Life, Inc. (NASDAQ:SMFL) ("Smart for Life" or the "Company"), a global leader in the Health & Wellness sector marketing and manufacturing nutritional supplements and foods worldwide, announced today that it has appointed Alicia R. Crockett to the Company's advisory board. "Alicia's deep well of experience managing, training, and guiding individuals and teams across a broad array of diverse industries including healthcare, marketing, consumer product innovation, and education stands to bring significant expertise to our burgeoning advisory board," said Darren Minton, CEO of Smart for Life. "Every aspect of Smart for Life's business is str
MIAMI, Aug. 24, 2023 (GLOBE NEWSWIRE) -- Smart for Life, Inc. (NASDAQ:SMFL) ("Smart for Life" or the "Company"), a global leader in the Health & Wellness sector marketing and manufacturing nutritional supplements and foods worldwide, announced today that it has appointed Stuart Benson, JD to the Company's recently formed high-level advisory board. "Stuart has a long and successful career in a broad array of businesses, with the last 20 years focused on the nutraceutical industry and more specifically the growth and success of Ceautamed Worldwide, Smart for Life's most recent acquisition," stated Darren Minton, Smart for Life's CEO. "Throughout our time together, I've gotten to know Darre
MIAMI, Oct. 21, 2022 (GLOBE NEWSWIRE) -- Smart for Life, Inc. (NASDAQ:SMFL) ("Smart for Life" or the "Company"), a high growth global leader in the Health & Wellness sector marketing and manufacturing nutritional foods and supplements worldwide, today announced that Arthur S. Reynolds has been appointed to the Company's Board of Directors. Mr. Reynolds will serve on the Compensation and Audit Committees and has been appointed Chair of the Audit Committee. Arthur S. Reynolds is an accomplished international financier bringing more than 35 years of capital markets and financial experience providing cross-border financial consulting services in Europe for clients principally located in the U
WALTHAM, Mass., March 04, 2022 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. ("we," "us," "our," the "Company" or "GECC") (NASDAQ:GECC), a business development company, today announced various enhancements to its leadership with the appointment of two new members to its board of directors (the "Board"), including a new Board chairman, who will each help support the Company's growth objectives. GECC expects to name an additional independent director shortly. "We are delighted to welcome such a strong group of new Board members who bring diverse expertise and insight to our work in specialty finance and credit investing," said Matt Kaplan, newly appointed CEO of GECC. "We have worked dilige