Week 2 of trading for Planet Based Foods ($PBF.c)! The first week was a bit volatile as most IPO's are but overall they're looking promising IMO. $PBF is a plant-based superfood company that produces all-natural, non-GMO, soy-free and gluten-free meat alternatives.
PBF is focused on producing hemp-based 'meat' which is packed with nourishing protein (21g per serving), omega fatty acids, fiber, and vitamins. Hemp is naturally more sustainable than alternatives as it requires less water to grow, regenerates the soil it's grown in, and helps filter carbon dioxide out of the air.
PBF is focused on producing hemp-based 'meat' which is packed with nourishing protein (21g per serving), omega fatty acids, fiber, and vitamins. Hemp is naturally more sustainable than alternatives as it requires less water to grow, regenerates the soil it's grown in, and helps filter carbon dioxide out of the air.
- Three currently available products with strong project IP for future releases (7 additional products currently being developed)
- DTC launch with Amazon Fresh & Walmart and is an approved Target vendor
- Currently available at multiple restaurants in South California and is expanding into Colorado, Arizona and the rest of California
- Global plant-based meat market size likely to surpass $12B by 2025
- Ex. Beyond Meat experienced almost 300% growth in stock price since its IPO in 2019
- Online & DTC sales of plant-based alternatives have skyrocketed, representing 15% of total US retail sales (Ex. Good Food, Hello Fresh)