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Planting Hope Co Inc V.MYLK

Alternate Symbol(s):  MYLKF

Consumer Defensive Packaged Foods
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 and internationally. The Company’s brands include Hope and Sesame Sesamemilk, Veggicopia, Mozaics and RightRice. Hope and Sesame Sesamemilk is a plant-based milk, which is made from plant sources, such as nuts, grains and beans. Mozaics Real Veggie Chips is an alternative to traditional potato and corn-based chips and snack foods, featuring real veggies. Veggicopia provides plant-based snacking, including single-serving dip cups and snack olives. RightRice is an alternative to traditional rice and flavoured rice blends that offer starch as nutrition.


TSXV:MYLK - Post by User

Planting Hope Co Inc
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Post by biggonadson May 26, 2022 2:11pm
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Post# 34709791

MYLK reporting impressive Q1 revenues - 291% YoY increase

MYLK reporting impressive Q1 revenues - 291% YoY increasePlanting Hope Company is reporting record revenues for Q1 2022 - generating US$2.5M for the first three months ending March 31, 2022. This revenue is a 291% YoY increase from Q1 2021, with US$2.5M representing 95% of TOTAL FY2021 revenues. Talk about a massive growth year from an impressively laid foundation. The company plans to continue their strong growth trajectory with new product launches, additional distribution including independent cafes tapping into a $2B market segment, growth in Canadian grocer interest, global distribution and trade show exposure. See the full financial reporting online. https://ceo.ca/@accesswire/planting-hope-reports-record-quarter-of-25-million
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