New Vegan Whip Product Announced and Released $FEEL’s subsidiary, Black Sheep, just announced that they’ve now brought vegan whip to market. Available in 3 flavours, vanilla, chocolate, and espresso, it’s already being shipped to 70 retailers, businesses, and e-commerce locations. I’ll have to try it for myself, but it’s supposed to have a similar texture to Cool-Whip.
With the global dairy alternative market expected to grow by 12.5% CAGR reaching $52.58B by 2028, it’ll be interesting to see how the market reacts to their vegan whip. I haven’t seen too many vegan whip products on shelves, so I’m expecting to see them gain a quick foothold in their respective retail locations.
Besides today’s news, $FEEL has been doing some great things for their products and the business.
- Vegan gummies are almost ready to be distributed
- An E-commerce website will be ready to launch before the holiday season
- Extended shelf life for their vegan cheese
- LOI to acquire Plantastic Food
All of those are just from the past month, so next month I’m expecting to see continued growth. The retail footprint has been steadily growing, and with new products consistently being introduced, the next financial report might be something to keep an eye on. Only an $11M market cap here, and with the downtrend beginning to flatten, it’s definitely worth it to put $FEEL on the watchlist at these levels.
Already 9 sold here: https://vegansupply.ca/products/black-sheep-velvet-whip-285g (already starting to see some good reviews coming up on a few other websites)
(CSE: FEEL) (OTC: FLLLF)