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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. Very Good Food believes this strong performance came as a result of increased traffic in its American and online revenue streams. I’m a big meat-eater. In this article, I will discuss how the company performed and what investors should be watching for in the future. All rights reserved. Their mission is to employ plant-based food technology to create products that are delicious while maintaining a wholesome nutritional profile. And the best vegan stock to buy today is VRYYF stock. Tom Gardner owns shares of Shopify. This represents almost a third of its total sales for the month! With forecasts of this industry reaching as much as $35.5 billion by 2027, companies operating in this space should see massive growth in the coming years. Find the latest news headlines from Very Good Food Company Inc (the) (VRYYF) at Nasdaq.com. 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. Investors should buy Very Good Food Company’s stock for one simple reason — a big breakout in VRYYF stock is imminent. 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 company reported 4,287 orders related to the holiday, totalling $384,045 in revenue. The company reported processing $5.1 billion in sales over that weekend, smashing its previous year’s results. 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. These young consumers represent the future driving force of the U.S. economy. This represents an incredible 582% increase year over year. This will lay the groundwork for Very Good Food Co. to go from small-scale to Beyond Meat levels of success. The Very Good Food Company Is a 10X Stock in the Making. Conservatively, I think this company can grow to $1 billion in sales and $50 million in net profits in the long run. Very Good Food’s November was very good indeed The company announced a record revenue of $782,790 for the month of November. This week, the company also reported outstanding results from that weekend. Vancouver, British Columbia-- (Newsfile Corp. - December 4, 2020) - The Very Good … 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. Get Very Good Food Company Inc (VRYYF:OTCQB) real-time stock quotes, news and financial information from CNBC. This facility may be the steppingstone Very Good Food needs to really penetrate the American market. 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 … 1125 N. Charles St, Baltimore, MD 21201. 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 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. The Very Good Food Company Announces New Appointment to its Board of Director.. Most relevant news about THE VERY GOOD FOOD COMPANY INC. Article printed from InvestorPlace Media, https://investorplace.com/2020/11/the-very-good-food-company-is-a-10x-stock-in-the-making/. Real-time discussion about The Very Good Food Company (VERY.CN) on CEO.CA, an investment chat community for Canada's small cap markets The most well-known story regarding the topic comes from Shopify. 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. is an emerging plant-based food technology company that designs, develops, produces, distributes and sells a variety of plant-based meat and other food … Stock analysis for Very Good Food Co Inc/The (VERY:Canadian Sec) including stock price, stock chart, company news, key statistics, fundamentals and company profile. The Very Good Food Company Announces Closing of Oversubscribed $13.2 Million .. Looking at the company’s e-commerce sales, Very Good Food reported 6,258 orders, which totaled up to $600,671 in revenue. 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 company just announced incredible results, signifying immense growth as a result of its performance over American Thanksgiving and Black Friday-Cyber Monday. And thus, The Very Good Butchers brand was born. 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. Copyright © 2020 InvestorPlace Media, LLC. Fool contributor Jed Lloren owns shares of Shopify. Over two million shares were traded on the initial debut, with a resulting significant increase in the share price. 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. News zur VERY GOOD FOOD COMPANY AKTIE und aktueller Realtime-Aktienkurs The Very Good Food Company Reports Amazing Growth The same math yields a future valuation of $10+ billion, implying almost 40X upside potential. 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 … In the past year, dozens of my close friends have gone vegan. This allows Very Good Food to significantly cut down on costs. I understand I can unsubscribe from these updates at any time. Current as of December 19, 2020. With respect to the Black Friday-Cyber Monday weekend, Very Good Food reported an online revenue of $191,512. Our mission is to employ plant-based food technology to create products that are delicious while maintaining a wholesome nutritional profile. 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. This is your chance to get in early on what could prove to be very special investment advice. Our mission is to employ plant-based food technology to create products that are delicious while maintaining a wholesome nutritional profile. For the record, lots of consumers are making the plant meats pivot for the same reasons — the health stuff is tangential. 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). However, Very Good Food stock appears to have been consolidating over the past two weeks. Its unofficial slogan became “we butcher beans, not animals”. 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. 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). 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). 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. 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 … Nasdaq This is likely the most impressive figure in Very Good Food’s recent announcement. Our mission is to employ plant-based food technology to create products that are delicious while maintaining a wholesome nutritional profile. Create an alert to follow the executive moves at The Very Good Food Company. 98.7% Accuracy to Date – Gains Up to 466.78%. 5G is one of the greatest arrivals in technology since the birth of the internet. The Very Good Food Company Announces Closing of Oversubscribed $13.2 Million Bought Deal Public Offering Dec 4, 2020 The Very Good Food Company Announces … Which meant I couldn’t see past my own biases to envision a meat-free future. Now for a limited time… you can get in for just $19. For investors that are interested in jumping into this exciting growth stock, now may be an excellent time to do so. Of course, I still eat my burgers. The Very Good Food Company Inc. operates as a food company. A 20X earnings multiple on that implies a potential future valuation for the company of $1 billion. Some are doing it for environmental purposes. About 80% of Generation Z consumers go meatless once or twice a week. Copyright © Cannabis 2.0: Is Cannabis Set to Comeback in 2021? 1125 N. Charles St, Baltimore, MD 21201. Recent executive movements at The Very Good Food Company. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. I alerted my Daily 10X Stock Report subscribers about VRYYF stock back in early October. It is a food technology company that designs, develops, produces, distributes and sells a variety of plant-based meat and other food … 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 … Retired? I consent to receiving information from The Motley Fool via email, direct mail, and occasional special offer phone calls. 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). 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. 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 … Not to alarm you, but you’re about to miss an important event. 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. The Very Good Food Company is an emerging Canadian company focused on developing, producing, and distributing plant-based meat alternatives. That implies about 4X upside potential in VRYYF stock. If Very Good Food is able to establish itself among its competitors, early investors will be rewarded greatly. Companies were posting outstanding numbers, as a result of boosted e-commerce traffic. Yet, the company is worth just $260 million today. In Vancouver, this facility will help the company meet robust demand on the west coast of Canada. Vancouver, British Columbia--(Newsfile Corp. - November 16, 2020) - The Very Good Food Company Inc. (CSE: VERY) (OTCQB: VRYYF) (FSE: 0SI) ("VERY" or the "Company") today announced its third quarter ("Q3") financial results for the period ended September 30, 2020.Key Financial Highlights of Q3 2020Revenue of $1,393,234, growth of 26.6% over the prior quarter and 322% year over year Gross … Since then, VRYYF stock has soared as much as 250%. Of course, the risks I mentioned in my previous article are still present. The Very Good Food Company (OTCQB:VRYYF) has achieved strong revenue growth throughout 2020 with Q3 revenue up 26.6% over the prior quarter and annual revenue up 322% YoY. In any event, guess what I discovered after I made the plunge? Tilray and Aphria Merger: A Hot New Pot Stock Opportunity? 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 … Iain Butler and the Stock Advisor Canada team only publish their new “buy alerts” twice a month, and only to an exclusively small group. Big picture: The Very Good Food Company appears to be on the cusp of huge North American expansion which, if executed correctly, will send VRYYF stock up several hundred — if not several thousand — percent. Not for the health benefits. And that’s the point. 3 of the Best Dividend Stocks to Make Fast Money. The New Daily 10X Stock Report: 98.7% Accuracy – Gains Up to 466.78%. 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 Co Inc operates in the food industry. This also represents a year-over-year increase of 1,686% when compared to Thanksgiving 2019. 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