Nepra in a Nutshell

  • Formulas - Custom Formulations, Flours, Starches, Gluten Free and Allergen Free Ingredients
  • Foods - Baked Goods, Pasta, Snacks, Sauces, Hemp Flours & Oils
  • Farming - Fertilizer, Frequencies

Nepra Foods is disrupting the food industry with innovative plant-based foods that are environmentally friendly, nutritionally optimized, allergen free and taste amazing.

Chadwick White, CEO: Mr. White received his Master Baker Certification in 1998, being the 84th and youngest in the U.S.A. to attain the designation. Chadwick has been involved in the food industry for over 34 years and has an extensive background in commercial product formulation and production implementation.

In 2008, Chadwick partnered with Udi and Etail Baron to develop Udi’s Healthy Foods and successfully built Udi’s Gluten-Free from start-up to acquisition by Boulder Brands for US$125 million.

Post Udi's, the first company formed was Gluten Free Baking Solutions (GFBS). A blending business was put in place to protect formulations (TBS). The company’s wholly owned subsidiaries include Nepra Foods, Ltd., incorporated on August 15, 2019, Gluten Free Baking Solutions, LLC (“GFBS”), incorporated on August 10, 2016, and Total Blending Solutions, Ltd. (“TBS”), incorporated on November 25, 2019.


The Four Pillars

1. Formulation and Ingredients

Nepra in the language Esperanto means absolutely essential which is how we view most of our ingredients. When a formulation is developed, ingredients sales accompany that formula as they are unique and an essential component of the formula

2. Manufacturing

  • Our 31,000 square foot facility can produce about $28 to $35 million worth of product per year.
  • Hemp Heart Flour / Hemp Oil - $135k/month
  • Egg Replacement Systems (Three Versions) (margins up to 55%)
    • #1 Cloud Bread Company
    • #2 Fancy Pokket
    • #3 w/Hemp Aminos to make Mayonnaise (California company)
  • ProPasta (gluten-free, allergen-free and eats like a wheat pasta)
  • THP (Textured Hemp Protein, $650,000 month potential)  Potential customer for 400k lbs/month for “chicken nuggets”
  • Blending: Protect IP by blending formulations in house, 40% margin, maximized $1.18 million/month

3. CPG (Consumer Packaged Goods)

  • ProPasta (Current 25k lbs/month ramping to 70k lbs/month = $290,000/month)
  • Won Gold Medal (American Masters for Taste) for the gluten-free alternative pasta category from Chefs in America at Expo West in March 2023 which big retailers recognize (i.e. Kroger, Walmart, Loblaws)
  • 2024 Sales Projection $9,600,000 ($800,000/month)
  • 2025 Sales Projection $17,280,000 ($1,440,000/month)

4. Hemp Market

  • Setting up to be the cornerstone for hemp products globally
  • Hemp has the potential to replace soy as a protein source. It is more nutritious and better tasting

Sales, Burn Rate, Margins

  • Margins on ingredients run at 25 to 30%. On manufacturing, higher.
  • Since becoming CEO in Dec 2022, Chadwick has reduced the burn rate from about $230,000 monthly to $50,000.
  • Break even point in annual sales with reduced burn is between $10 and $11 million.
  • Can easily exceed $35 million in sales with current staffing. Worst case scenario for cash flow positive is one or two months into 2024.
  • Potential run rate by December of $20 million.

Corporate Partnerships

Corporate Acquisition Goals

  • Starch Products IP
  • Organic Fertilizer – cattle manure to fertilizer in three days – licensing opportunity
  • Electroculture – patented tech, fixes carbon, depends on soil biome including the mycelium, increases yields; potential to convert 3,500 lbs/acre to 7,000 lbs/acre and 14,000 lbs/acre in certain regions

For more details see the following webinar transcripts:

Transcript of Nepra Foods Webinar with CEO Chadwick White April 24, 2023

Transcript of Nepra Foods Webinar with CEO Chadwick White August 1, 2023


Nepra trades on the CSE under NPRA, on the OTCQB under NPRFF and the FSE under 2P6

Warrants with a strike of $0.70 that expire in March of 2025 

are trading under the symbol NPRA-WT