Production of Black Sheep Vegan Cheeze is being ramped up ahead of anticipated increased demand for these products that are already available for purchase on multiple online marketplaces, including: www.spud.ca, www.veganofoods.com, Vegan Supply online and www.farmtotablemarket.ca.
Shipping and logistics are improved with new cold shipping units to ensure products reach consumers with maximum freshness and shelf life.
“Nasdaq predicts more than 95% of ALL purchases will be done online through e-commerce by 2040. With this new e-commerce sales channel now open,
“Our Black Sheep Vegan Cheeze brand continues to grow its presence and distribution online as well as in stores and is now available in over 70 grocery and food services locations throughout
“Our Cranberry Voursin is one of our best sellers and a perfect substitute to spreadable cheeses when entertaining this Christmas season. We are currently working on launching exciting new plant-based products for you to enjoy ahead of the holiday season this year,” concluded Greenway.
The plant-based food market is expected to grow at a CAGR of 11.9% from 2020 to 2027 to reach $74.2 billion by 2027.* The growth of this market is mainly attributed to the factors such as increasing incidence of intolerance for animal protein, growing urbanization with new consumer aspirations, increasing vegan population, and significant venture investments in this sector.*
Feel Foods Website and E-Commerce Platform
Furthermore, for the completed work the Company has entered into a debt settlement agreement pursuant to which the Company has agreed to issue 126,000 common shares (each, a “Share”), at a deemed price of
About Black Sheep Vegan Cheeze
For more information visit: http://blacksheepvegancheeze.com/
About
FEEL is an agri-food holdings company focused on innovative products and technologies in the food services industry. This includes its wholly owned
Company Contact:
Joel T Warawa
Corporate Communications
E-mail: jw@feelfoodsco.com
Corporate Contact:
Website: www.feelfoodsco.com
E-Mail: info@feelfoodsco.com
Instagram: Instagram.com/feelfoodsco
Phone: 604-235-0010
Statistics Reference: * https://www.prnewswire.com/news-releases/global-plant-based-food-market-report-2020-2027-rising-industry-concentration-with-growth-in-mergers-and-acquisitions-in-the-plant-based-products-space-301268737.html
Disclaimer for Forward-Looking Information
Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding the Company. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future, including with respect to: the entry of the Consulting Agreements, the completion of the Acquisition and the acceptance of the Acquisition and terms thereof by the CSE. Such statements are subject to risks and uncertainties that may cause actual results, performance, or developments to differ materially from those contained in the statements, including risks related to factors beyond the control of the Company. The risks include the following: the unknown magnitude and duration of the effects of the COVID-19 pandemic, the inability of
This press release is not an offer of the securities for sale in
The CSE (operated by
Source:
2021 GlobeNewswire, Inc., source