This is likely the most impressive figure in Very Good Food’s recent announcement. The Motley Fool owns shares of and recommends Shopify and Shopify. All rights reserved. Very Good Food believes this strong performance came as a result of increased traffic in its American and online revenue streams. Real-time discussion about The Very Good Food Company (VERY.CN) on CEO.CA, an investment chat community for Canada's small cap markets Our mission is to employ plant-based food technology to create products that are delicious while maintaining a wholesome nutritional profile. His products were a major hit, and by early 2017, that chef teamed up with a business executive. The most well-known story regarding the topic comes from Shopify. But I think this rally in VRYYF stock is just getting started — and that long-term, this stock is going to rally by more than 1,000% (to learn about more potential 1,000% winners, click here). Our mission is to employ plant-based food technology to create products that are delicious while maintaining a wholesome nutritional profile. The Very Good Food Company Inc. is an emerging plant-based food technology company that designs, develops, produces, distributes and sells a variety of plant-based meat and other food … Or Shopify (NYSE:SHOP) and Square (NYSE:SQ) in 2017 when those stocks were below $100 and $20, respectively, or Nio (NYSE:NIO) and Tesla (NASDAQ:TSLA) in 2019. Our mission is to employ plant-based food technology to create products that are delicious while maintaining a wholesome nutritional profile. Vancouver, British Columbia-- (Newsfile Corp. - June 19, 2020) - The Very Good Food Company Inc. (CSE: VERY) (" VGF " or the " Company ") is pleased to announce the successful completion of its first day trading as a public company. There simply aren’t that many of them. The catalyst behind this breakout is increasing supply. The company expects the Patterson facility to reach a production capacity of up to 98.5 million pounds of product annually. Over two million shares were traded on the initial debut, with a resulting significant increase in the share price. The Very Good Food Company Inc. is an emerging plant-based food technology company that designs, develops, produces, distributes and sells a variety of plant-based meat and other food … Tilray and Aphria Merger: A Hot New Pot Stock Opportunity? 15 likes. In Vancouver, this facility will help the company meet robust demand on the west coast of Canada. Investors should buy Very Good Food Company’s stock for one simple reason — a big breakout in VRYYF stock is imminent. The supply constraints that have held the company back are about to be fixed, however, as Very Good Food Co. has leveraged its growth to raise a bunch of capital. The company's mission is to employ plant-based food technology to create products that are delicious while maintaining a wholesome nutritional profile. A 20X earnings multiple on that implies a potential future valuation for the company of $1 billion. It is a food technology company that designs, develops, produces, distributes and sells a variety of plant-based meat and other food … The company reported 4,287 orders related to the holiday, totalling $384,045 in revenue. In other words, The Very Good Food Company is built on rock-solid fundamentals, which imply that this company could turn into a major player in the booming vegan meats market — something like the next Beyond Meat (NASDAQ:BYND). Beyond Meat is worth more than $10 billion. 5G is one of the greatest arrivals in technology since the birth of the internet. © 2020 The Motley Fool Canada, ULC. Ana Silva will join the company as President in Jan. 2021 (news posted on November 26 2020).. The Very Good Food Company Inc. is an emerging plant-based food technology company that designs, develops, produces, distributes and sells a variety of plant-based meat and other food alternatives. Now for a limited time… you can get in for just $19. The Very Good Food Company Inc. reports Q3 results Nov. 16, 2020 8:34 AM ET The Very Good Food Company Inc. (VRYYF) By: Khyathi Dalal , SA News Editor 12 Comments The Very Good Food Company … The Very Good Food Company are an emerging plant-based food technology company that designs, develops, produces, distributes and sells a variety of plant-based meat and other food alternatives. So, their “hybrid” model of vegan and animal meat consumption is the future of eating. InvestorPlace’s brand-new and highly controversial newsletter… is rocking the industry… delivering one breakthrough stock recommendation each and every trading day… delivered straight to your inbox. I’m a big meat-eater. Very Good Food also stated that American Thanksgiving helped boost numbers this year. Not for the health benefits. The Very Good Food Company Inc. (OTCQB:VRYYF): Q3 GAAP EPS of -$0.06.Revenue of $1.39M (+504.3% Y/Y)Production volume sold of 126,293 lbs … The company established a production and distribution facility in Patterson, California. 7 Christmas Stocks to Buy for Happy Holidays, Louis Navellier and the InvestorPlace Research Staff, Matt McCall and the InvestorPlace Research Staff, What Did the Stock Market Do? The Very Good Food Company is an emerging Canadian company focused on developing, producing, and distributing plant-based meat alternatives. In California, Very Good Food Co. will be able to expand in the U.S. for the first time. Their mission is to employ plant-based food technology to create products that are delicious while maintaining a wholesome nutritional profile. On the date of publication, Luke Lango did not have (either directly or indirectly) any positions in the securities mentioned in this article. Looking at the company’s e-commerce sales, Very Good Food … 1125 N. Charles St, Baltimore, MD 21201. For investors that are interested in jumping into this exciting growth stock, now may be an excellent time to do so. That implies about 4X upside potential in VRYYF stock. About 80% of Generation Z consumers go meatless once or twice a week. The Very Good Food Company Inc. is an emerging plant-based food technology company that designs, develops, produces, distributes and sells a … I consent to receiving information from The Motley Fool via email, direct mail, and occasional special offer phone calls. Vancouver, British Columbia--(Newsfile Corp. - December 7, 2020) - The Very Good Food Company Inc. (CSE: VERY) (OTCQB: VRYYF) (FSE: 0SI) ("VERY" or the "Company"), a progressive creator of innovative plant-based food products, today announced the appointment of Bill Tolany, a past Whole Foods Market and Amazon executive, to VERY's Board of Directors. I used to be like a lot of you; reading headline after headline about the rise of veganism … and I’d laugh. The global meat substitute market was estimated to be worth US$11.1 billion in 2019. The Motley Fool Canada » Investing » The Very Good Food Company Reports Amazing Growth. 98.7% Accuracy to Date – Gains Up to 466.78%. Iain Butler and the Stock Advisor Canada team only publish their new “buy alerts” twice a month, and only to an exclusively small group. Like Advanced Micro Devices (NASDAQ:AMD) back in 2015 when it was a penny stock, or Chegg (NASDAQ:CHGG) back in 2016 when it was below $5. The investment implication here is clear. Vancouver, British Columbia - December 10, 2020 (Newsfile Corp.) (Investorideas.com Newswire) The Very Good Food Company Inc. (CSE: VERY) (OTCQB: VRYYF) (FSE: 0SI) ("VERY" or the "Company… Cannabis 2.0: Is Cannabis Set to Comeback in 2021? 1125 N. Charles St, Baltimore, MD 21201. The Very Good Food Company Announces New … Find the latest news headlines from Very Good Food Company Inc (the) (VRYYF) at Nasdaq.com. The Very Good Food Company Inc. is an emerging plant-based food technology company that designs, develops, produces, distributes and sells a variety of plant-based meat and other food alternatives. In any event, guess what I discovered after I made the plunge? Apple of Your Eye Burger of the Month | Vegan Recipes An apple a day keeps the doctor away - so throw that apple on top of the Very Good vegan meat burger and call it a day (we are not advising you to eat a burger a day, but we are also not not saying that either). Our mission is to employ plant-based food technology to create products that are delicious while maintaining a wholesome nutritional profile. We could see plenty of new wealth-building opportunities in 2020 that would potentially dwarf any that came before them. The Very Good Food Company Is a 10X Stock in the Making. Capital that the company is committing toward the opening up of two new production facilities: a 10,000 square foot facility in Vancouver and a 25,000 square foot facility in California. This will lay the groundwork for Very Good Food Co. to go from small-scale to Beyond Meat levels of success. Very Good Food has seen incredible growth since the start of October. The company just announced incredible results, signifying immense growth as a result of its performance over American Thanksgiving and Black Friday-Cyber Monday. Description The Very Good Food Co Inc operates in the food industry. Vancouver, British Columbia, December 10, 2020 – The Very Good Food Company Inc. (CSE: VERY) (OTCQB: VRYYF) (FSE: 0SI), a progressive creator of innovative plant-based food products, is pleased to announce record sales in November thanks to highly successful Thanksgiving, Black Friday and Cyber Monday e-commerce sales promotions.The company set a new record for monthly sales in November … ET on Baystreet.ca Groundswell of Interest in Plant-Based Products Creating $20.8 Billion Opportunity Vancouver, British Columbia-- (News file Corp. - July 2, 2020) - The Very Good Food Company Inc. (CSE: VERY) ("VGFC" or the "Company") is pleased to announce a significant increase in its distribution network as part of its continued focus on scaling operations. Nasdaq Right now, I think I’ve found my next big 10X winner: a tiny vegan meat company by the name of the Very Good Food Company (OTCMKTS:VRYYF). The Very Good Food Company Inc. is an emerging plant-based food technology company that designs, develops, produces, distributes and sells a variety of plant-based meat and other food … The Very Good Food Co Inc operates in the food industry. This week, the company also reported outstanding results from that weekend. With a market capitalization of just $260 million, Very Good Food Co. is relatively unknown. The Canadian vegan meat-maker started out in early 2016 with a chef selling his own plant-based meats at a local farmer’s market in British Columbia. Vancouver, British Columbia--(Newsfile Corp. - November 24, 2020) - The Very Good Food Company Inc. (CSE: VERY) (OTCQB: VRYYF) (FSE: 0SI) ("Very" or the "Company") is pleased to announce that veteran plant-based food production executive, Ana Silva, will join Very as President commencing in … Its stock has risen as much as 500% over the past two months. #verygoodfood #Foodtruck Ubicación: 12325 SW 72 ST MIAMI FL 33183 Tenemos para todos los gustos Heck, I’ve even taken the plunge to trying plant-based meats myself. The New Daily 10X Stock Report: 98.7% Accuracy – Gains Up to 466.78%. These young consumers represent the future driving force of the U.S. economy. Enter your email address below to get started now, and join the other thousands of Canadians who have already signed up for their chance to get the market-beating advice from Stock Advisor Canada. Vancouver, British Columbia--(Newsfile Corp. - December 7, 2020) - The Very Good Food Company Inc. (CSE: VERY) (OTCQB: VRYYF) (FSE: 0SI) ("VERY" or the "Company"), a … Examine Very Good Food's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left. Very Good Food believes this strong performance came as a result of increased traffic in its American and online revenue streams. Our mission is to employ plant-based food technology to create products that are delicious while maintaining a wholesome nutritional profile. I recently wrote a deep dive on The Very Good Food Company (CNSX:VERY). Very Good Food Company Inc (the) stock and Household & Personal Products market discussion, news, and analysis from Canada's largest community of active investors The Very Good Food Company (CSE:VERY) appoints new President Joshua Peach November 24, 2020 The Very Good Food Company Announces New President from Daiya Foods Inc. IIROC Trading Halt - VERY. The Very Good Food Company Inc. is an emerging plant-based food technology company that designs, develops, produces, distributes and sells a variety of plant-based meat and other food alternatives. Discover mouthwatering recipes that put your plant-based meats to very good use. Dec. 18, 2020, 3 Hydrogen Stocks to Buy for the $11 Trillion Breakout, China’s Consumer Data Is Signaling a Sell for Nio Stock, 7 Growth Stocks You Don’t Want to Sleep On, SEC Settlement Clears the Way for Luckin Stock to Soar to $20. It’s a future wherein vegan meat — which today is very niche at sub-1% penetration — could one day easily comprise ~20% of total meat consumption. The Very Good Food Company Announces New Appointment to its Board of Director.. News zur VERY GOOD FOOD COMPANY AKTIE und aktueller Realtime-Aktienkurs The Very Good Food Company Reports Amazing Growth Recent executive movements at The Very Good Food Company. Some are doing it for environmental purposes. The Very Good Food Company Inc. is an emerging plant-based food technology company that designs, develops, produces, distributes and sells a variety of plant-based meat and other food alternatives. Very Good Food competitive advantages and company strategy can generally be … Of course, the risks I mentioned in my previous article are still present. Some are doing it for health benefits. The same can be said of young consumers. Despite the increasing demand (sales are up 226% in 2020), Very Good Food still operates in a tiny 4,000 square-foot production facility in Victoria, Canada. A leading plant-based meat company has announced the successful completion of its IPO (Initial Public Offering). This represents an incredible 582% increase year over year. In the past year, dozens of my close friends have gone vegan. The Very Good Food Company Inc. is an emerging plant-based food technology company that designs, develops, produces, distributes and sells a variety of plant-based meat and other food alternatives. That is, until I saw the potential in the vegan megatrend. In this article, I will discuss how the company performed and what investors should be watching for in the future. Looking at the company’s e-commerce sales, Very Good Food reported 6,258 orders, which totaled up to $600,671 in revenue. I still have steak dinners. 10X winners are tough to find in the market. Click here to find out how. Vancouver, British Columbia--(Newsfile Corp. - December 7, 2020) - The Very Good Food Company Inc. (CSE: VERY) (OTCQB: VRYYF) (FSE: 0SI) ("VERY" or the "Company"), a progressive creator of innovative plant-based food products, today announced the appointment of Bill Tolany, a past Whole Foods Market and Amazon executive, to VERY's Board of Directors. Pretty much every fast food chain has rolled out some type of vegan burger or chicken sandwich. Most relevant news about THE VERY GOOD FOOD COMPANY INC. Our mission is to employ plant-based food technology to create products that are delicious while maintaining a wholesome nutritional profile. The company announced a record revenue of $782,790 for the month of November. It’s time to buy vegan stocks, before young consumers spark a global explosion in the vegan meat market throughout the 2020s. Please read the Privacy Statement and Terms of Service for more information. Are you looking for another stock that can grow your investment more than 10X? The recent Black Friday-Cyber Monday weekend was incredible. Clearly, Very Good Food’s online streams are demonstrating excellent growth. Plant meat’s benefits are so wide ranging that it is attracting an increasingly wide net of young consumers. British Columbia-based The Very Good Food Company Inc. (OTCQB: VRYYF) designs, develops, produces, distributes and sells a variety of plant-based meat and other food … And that’s the point. The Very Good Food Company Inc. is an emerging plant-based food technology company that designs, develops, produces, distributes and sells a variety of plant-based meat and other food alternatives. The Very Good Food Company Inc. operates as a food company. The Very Good Food Company Inc. is an emerging plant-based food technology company that designs, develops, produces, distributes and sells a variety of plant-based meat and other food … But, I also think that if a few things go right, this company could be looking at $5+ billion in sales and $500+ million in net profits in the long run. This represents almost a third of its total sales for the month! Others are doing it with animal welfare in mind. As a hypergrowth investor, I spend a large portion of my time analyzing emerging small-cap stocks that could turn into the “next big thing.” I’m constantly searching for big 10X winners and the next Apple (NASDAQ:AAPL), Netflix (NASDAQ:NFLX), and Facebook (NASDAQ:FB). Since then, VRYYF stock has soared as much as 250%. But now, I mix in the occasional plant-based meat (maybe a few times per week). But VRYYF stock could end up being one of those elusive 10X winners, meaning this stock should — at the very least — be on your buy radar today. If Very Good Food is able to establish itself among its competitors, early investors will be rewarded greatly. To learn more about it and its revolutionary potential to change the industry — and potentially your bank account — click on the link below to get the full scoop. Our mission is to employ plant-based food technology to create products that are delicious while maintaining a wholesome nutritional profile. Current as of December 19, 2020. Companies were posting outstanding numbers, as a result of boosted e-commerce traffic. quotes delayed at least 15 minutes, all others at least 20 minutes. The Very Good Food Company, which runs Very Good Butchers out of Victoria’s Public Market, will benefit from $4,025,000 in earnings for offering 16,100,000 of it’s total 69,000,000 shares. A result of its performance over American Thanksgiving and Black Friday-Cyber Monday,! By early 2017, that chef teamed up with a market capitalization of just $.. Expand in the occasional plant-based meat and other Food alternatives related to the holiday, totalling $ in! — the health stuff is tangential Hot New Pot stock Opportunity earnings multiple on that implies a potential valuation... Week, the company designs, develops, produces, distributes, and special... Production network into the United States $ 260 million, Very Good Food Co. is relatively.. Worth just $ 260 million today distribution facility in Patterson, California from these at! 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