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Yumy Candy Company Inc C.TYUM

Alternate Symbol(s):  YUMFF

The Yumy Candy Company Inc. is a plant-based confectionary company. The Company offers health-conscious, low-sugar plant-based confectionary products. It imports and sells sugar plant-based candy confectionaries. The Company has developed a portfolio of healthier gelatine-free candies made from non- genetically modified organisms (GMO) ingredients with recipes. All of its products are free of gelatin, soy, gluten, nuts, dairy, eggs, sugar alcohols, artificial sweeteners and genetically modified organisms. The Company's subsidiaries include 1295304 B.C. Ltd. and Yumy Bear Goods (US) Inc.


CSE:TYUM - Post by User

Post by zalmonellaon Jul 16, 2021 12:55pm
398 Views
Post# 33560103

A surprise start

A surprise startGreat buzz on the launch. Hits all the flake buttons - female "entrepreneur", social enterprise supported by credit unions, IPO, vegan - are there any buzzwords missing?

https://dailyhive.com/vancouver/yumy-bear

Some don't seem to like the artificially high valuation.

https://www.forbes.com/sites/douglasyu/2021/06/21/low-sugar-vegan-candy-startup-yumy-bear-will-go-public-at-50-million-value/?sh=95b890cab49c

Let's see how sales do. If that buzz keeps going, it could be $35 in a year.  Otherwise it'll be $0.35, because the food business really doesn't have that much juice in it.
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