CSE:ULTA - Post Discussion
Post by
waves1 on Dec 29, 2021 3:53pm
December Recap for $FEEL
Feel Foods Ltd ($FEEL.C $FLLLF) has had a busy month of December which I wanted to recap to know where we're headed for 2022 (in order of announcement date):
1) Began marketing and distribution for Black Sheep Vegan Cheeze and Be Good Plant-Based Products across Canada
2) Obtained license from CFIA allowing them to sell their plant-based food products throughout Canada and to export to the United States
- "Vital step to systematically build a strong Canada-wide distribution network"
3) Announced the development of plant-based bacon and egg products which will be launching shortly
- Traditional breakfast segments of the plant-based food sector are experiencing 'meteoric' growth
4) Latest purchase order for Black Sheep Vegan Cheeze products from a Western Canadian distributor represented an overall increase of 2,288% in just four months from the initial order
- Observed a large increase in demand for plant-based products across the sector, especially with dairy substitute products
5) Launched their new e-commerce enabled website with full e-commerce capabilities and state-of-the-art inventory control capabilities
- Production of Black Sheep products are being ramped up ahead of the anticipated increased demand
$FEEL plans to "continue to grow its business through the acquisition of plant-based companies and the expansion of its distribution network" and they seem to be on track to do so IMO; I'm looking forward to what the next year has in store for $FEEL
You can check out all the news releases here:
https://feelfoodsco.com/blogs/news
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