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Bullboard - Stock Discussion Forum Planting Hope Co Inc MYLKF


Primary Symbol: V.MYLK

The Planting Hope Company Inc. is a Canada-based food technology company focused on leveraging ingredient, formulation and packaging technology to develop sustainable food and beverage solutions. The principal business of the Company is to develop, launch and scale nutritious and sustainable consumer packaged foods and beverages in the natural food products segment of the United States, Canada... see more

TSXV:MYLK - Post Discussion

Planting Hope Co Inc > Krogers expanding $MYLKs product line in their stores
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Post by StockHawk1 on Dec 21, 2021 3:43pm

Krogers expanding $MYLKs product line in their stores

An update was released by The Planting Hope Co. ( $MYLK.V ) yesterday, however, despite this their share price has dipped 5% today.
 
I'm thinking that the dip may be due to market volatility and because of the positivity of the news,  it might be a good time to buy. 
 
Getting to the point, the update was that Kroger will be the first retailer to introduce $MYLK's new 48 oz refrigerated bottles of sesame milk. 
 
Kroger is expanding $MYLK's sesamemilk product line into select Fred Meyer, Ralphs, King Soopers and Mariano's locations.
 
I think that this is great news for the company and will likely be great for exposure and sales, which is making me feel like the price hit today isn't adding up.
 
$MYLK @ $0.76, MC $27.565M
 
Full press release here: https://ca.finance.yahoo.com/news/planting-hope-debuts-refrigerated-sesamemilk-124500274.html
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