Bullboard - Stock Discussion Forum Planet Based Foods Global Inc C.PBF

Alternate Symbol(s): PBFFF

Planet Based Foods Global Inc. is a Canada-based company, which is a producer of sustainable plant-based food alternatives. The Company is focused on providing hemp-formulated food products to people. It is focused on creating clean, non-genetically modified organisms (GMO), nutrient-dense food. The Company's products are 100% vegan. The Company's suite of products includes its new consumer... see more

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Planet Based Foods Global Inc > Hemp sets PBF apart and ahead of competitors (DD Summary)

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Post by waves1 on Jan 17, 2022 4:41pm

Hemp sets PBF apart and ahead of competitors (DD Summary)

Week 2 of trading for Planet Based Foods ($PBF.c)! The first week was a bit volatile as most IPO's are but overall $PBF is looking promising IMO.

Three currently available products with strong project IP for future releases (7 additional products currently being developed)
DTC launch with Amazon Fresh & Walmart and is an approved Target vendor
Currently available at multiple restaurants in South California and is expanding into Colorado, Arizona and the rest of California
Global plant-based meat market size likely to surpass $12B by 2025

Plus, based on the experience of similar companies, PBF could be set to experience solid growth as the next big superfood company.

Ex. Beyond Meat experienced almost 300% growth in stock price since its IPO in 2019
Online & DTC sales of plant-based alternatives have skyrocketed, representing 15% of total US retail sales (Ex. Good Food, Hello Fresh)

Check out this solid DD summary:

https://www.reddit.com/r/CanadaStocks/comments/rydukd/planet_based_foods_pbfc_a_hempbased_meat_ipo/?utm_source=share&utm_medium=web2x&context=3