Breaking out Today + Further Business Growth by Signing TWA Feel Foods just announced that a national brokerage, TWA (Tony Waters Agency), will provide sales representation to the Canadian natural foods market, including full-service sales, administration, and marketing support for their Black Sheep Vegan Cheeze brand. Up 11% with 2M+ shares traded so far because of this news.
https://ca.finance.yahoo.com/news/feel-foods-signs-national-brokerage-123000193.html
As the plant-based market continues to grow, I’m extremely excited to see how $FEEL performs in the future. Just take a look at a similar competitor on the CSE.
- $YUM: Komo Plant-Based Foods, $23M market cap and just beginning to distribute its products. Shares have come up from around $0.08-$0.10 to $0.27 since August due to their aggressive retail growth strategy.
- $FEEL: Only a $14M market cap (with a tighter share structure) means there’s a lot more upside. Plus, they have an aggressive growth strategy to get the Black Sheep cheese products on Canadian shelves. Once we see some announcements about further distribution and sales with the brand, this should see momentum upwards into the $0.40 range. (looking at level 2, $FEEL has a lot less selling pressure than $YUM). All this and not even mentioning the growth of their already existing brands like Be Good Foods and PlentyFull.
Overall, $FEEL looks like a higher potential investment. The chart looks primed for a breakout (11.4% today as well), and with the plant-based food truck tied in with the Black Sheep Vegan Cheeze continuing to gain traction, things are getting interesting here. Excited to see how the food truck brings in revenue while increasing customer exposure to their products (could be very beneficial for both sales and marketing). GLTA!