The Very Good Food Company Inc. today celebrated a year of milestones including a record two billion beans “butchered” for its line of burgers, sausages, bacon, steaks, roasts and more – a total of approximately 60,543 pounds of beans.
Its record sales in 2020 included 313,286 units of its flagship Very Good Burger, production of which butchered the following ingredients in addition to beans:
- 34,797 onions
- 234,786 mushrooms
- 128,400 garlic cloves
- 47, 148 carrot sticks
- 17,800 beets
- 20,706 celery sticks
Among the year’s other highlights, the Company completed its initial public offering on the Canadian Securities Exchange (“CSE”) in June gained momentum by entering Germany’s Frankfurt Stock Exchange in July and entered the U.S. market on the OTCQB in October. Its stock rose 2,384 percent from its initial offer price on the CSE to its last price at the close of 2020.
The Company’s production facility in Victoria, B.C. reached a milestone volume of 20,000 lbs per week. VERY leased two additional facilities in Vancouver and California to increase Canadian retail distribution and launch U.S. retail in 2021.
“2020 has been our most successful year to date. While a global pandemic created economic challenges, it also encouraged more interest in healthy plant-based eating with more people ordering groceries online and cooking at home,” said Mitchell Scott, CEO. “Our team, customers, retail partners, and investors rose to the challenge and achieved success beyond our expectations, while butchering a lot of beans.”
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Congratulations to plant-based meat company @VeryGoodButcher for butchering 2 billion beans in 2020! #BeanThereDoneThat
Products under the brand The Very Good Butchers currently sell in Canadian grocery stores and via eCommerce throughout North America. For photos and more information visit https://www.verygoodbutchers.com/a/press-kit.
About The Very Good Butchers
We are an emerging plant-based food technology company. Our mission is to use progressive food technology to create plant-based meat and other food products that are delicious while maintaining a wholesome nutritional profile. To date, we have developed a core product line under The Very Good Butchers brand. We are publicly traded on the Canadian Stock Exchange under the symbol VERY, in the United States on the OTCQB Market under the symbol VRYYF and on the Frankfurt Stock Exchange under the symbol OSI . For more information visit www.verygoodbutchers.com.
