Post by
jonahg on Jul 31, 2022 1:50pm
Extremely Undervalued and Primed for Growth
In the US alone, plant-based foods companies were on the receiving end of a record US$5 billion worth of investments in 2021, up by 60 percent over 2020 and a whopping 500 percent over 2019. Investors have contributed more than US$11.1 billion to alternative protein companies since 2010.
According to the report, PlantX’s partnerships with Amazon and Walmart would probably generate an extra 12% of sales for the business. The stock of PlantX, according to analysts, could eventually be valued “between C$1.52 and C$2.91 by the end of the 2025 financial year.