Thoughts on rise of Alt-Milks and $MYLK info Major money has been going into alternative milks recently. For instance, one Israeli alt-milk company was able to raise 120 M in investments recently
https://www.timesofisrael.com/israeli-food-tech-startup-remilk-raises-120m-investment-for-cow-free-milk/
The Planting Hope Co. ($MYLK.v) is my top alt-milk pick as its Sesame Milk is the most sustainable in the field today.
Despite this company being fairly young it recently released some solid financials that showed as of Q1 '22 $MYLK's revenues increased 291% YoY to $2.5M,
The main drivers of this rev growth include increased distribution of $MYLK's Sesame Milk products as well as sales from their other vegan CPG products.
Today $MYLK closed stable @ $0.61, MC is $29.59M