- Plant Veda Foods (MILK) has released an overview of its achievements in 2021 and announced plans for 2022
- In 2021, Plant Veda reached several milestones in its business strategy after commencing trading on the CSE, XFRA, and OTC
- The company was able to double its retail presence and launched new products on its online retail store
- In 2022, the company will continue to grow as it launches more new products and accelerates its growth strategy
- Plant Veda Foods creates plant-based dairy alternatives using all-natural ingredients
- Shares in Plant Veda Foods Ltd. (MILK) are down 0.76 per cent, trading at $1.30 per share
Plant Veda Foods (MILK) has released an overview of its achievements in 2021 and announced plans for 2022.
The company began trading on the Canadian Securities Exchange last year, and later commenced trading on the Frankfurt Exchange and the OTC Markets.
In 2021, Plant Veda reached several milestones in its business strategy including winning one award for its products and being selected as a finalist for another.
The company was able to double its retail presence by working with distributors and retailers in Canada and the United States.
After securing a new 25,000-square-foot manufacturing facility in British Columbia, Plant Veda received its production license from the Canadian Food Inspection Agency for both Canadian and export markets.
The company also successfully registered with the United States FDA for product importation.
The new product line of “spoonable” yogurt, PlantGurt, and a new sampler box are now available on the Plant Veda ecommerce store, adding to its already successful line of products.
“The Plant Veda team made remarkable progress in 2021 laying the foundations for a prosperous 2022,” said Plant Veda CEO Sunny Gurnani.
Mr. Gurnani also commented on the company’s plans for the upcoming year.
“In 2022 we have defined goals,” he remarked, “including additional product launches, completion of phase one capacity expansion, and accelerated revenue growth.
“Now, thanks to the hard work of the entire Plant Veda team, 2022 is expected to allow the expansion we have been planning for.”
Plant Veda Foods creates plant-based dairy alternatives using all-natural ingredients. The company’s mission is to improve the environment and humanity’s overall health through plant-based consumption.
Shares in Plant Veda Foods Ltd. (MILK) are down 0.76 per cent, trading at $1.30 per share as of 9:30 am EST.
