Great piece on VERY. It's # 4 on the list of the best 9 vegan stocks to own.
I'm long on VERY!
The Very Good Food Company (VRYYF)
A small, emerging vegan food technology startup called The Very Good Food Company spent much of 2020 growing too big too quickly for investors not to take seriously. A Canadian company, it experienced massive, triple-digit growth in terms of both revenue and sales last year. It opened an online store called The Very Good Butchers, which sells gourmet vegan meats like barbecue pulled jackfruit, British bangers, steak, ribs and pepperoni, as well as specialty nondairy cheeses like pepper jack and smoked gouda.
But the real secret to the company’s 2020 success — and the future growth so many industry experts believe is still ahead — can be traced to expansion.
Very Good was shackled to an undersized facility in Canada, but it opened two enormous new facilities totaling tens of thousands of square feet of production space. Just one of them can produce 37 million pounds of product a year, an increase in production capacity of 2,690%. In March, Very Good broke its own sales record yet again, so investors might be wise to jump on board now as Very Good grows into its new digs.
Full article link below....
https://www.gobankingrates.com/investing/stocks/best-vegan-stocks/