Komo Plant Based Foods Inc - KOMOF STOCK NEWS

Komo Plant Based Foods Inc. has announced a new packaging initiative aimed at enhancing shelf appeal and meeting retail chain requirements. The sustainable packaging uses 100% recyclable aluminum trays and recycled paper for the secondary sleeves. The updated product formulations feature simpler ingredient lists, with an emphasis on Canadian-grown organic green lentils, and are now free from nut and soy ingredients. The new packaging will be available for retail and direct-to-consumer orders in approximately two weeks, aligning with Komo's mission to make plant-based meals a staple.

Komo Plant Based Foods Inc. has entered into a co-manufacturing agreement with a food manufacturer in Metro Vancouver, increasing its production capacity. The facility will allow Komo to manufacture an additional 10,000 units per month, addressing rising consumer demand for its plant-based products. This move comes after the company's expansion from three to seven product SKUs since its launch in March 2021. The partnership aims to enhance production efficiency, establish better pricing for raw materials, and free up Komo's existing facility for R&D.

Komo Plant Based Foods Inc. (OTCQB: KOMOF) has successfully uplisted to the OTCQB Venture Market as of September 24, 2021. This uplisting enhances visibility and liquidity for the company, aiming to attract U.S. institutional and retail investors. Komo has also achieved Depository Trust Company eligibility, streamlining securities distribution. CEO William White emphasized the uplisting as a strategic move to grow the company's presence in North America and Europe, supported by a brand messaging campaign to boost investor engagement and awareness.

Komo Plant Based Foods Inc. (OTC PINK: KOMOF) is announcing the development of a new line of plant-based desserts. Set to launch via its direct-to-consumer platform in November 2021, these desserts are crafted using 100% plant-based ingredients, aiming to satisfy consumer cravings while promoting plant-based eating. Initial consumer feedback will guide further development. The market for plant-based desserts is expanding, projected to grow at a 10% CAGR through 2027. This move follows Komo's prior product launches this year and showcases its commitment to innovation in the plant-based sector.

Komo Plant Based Foods (CSE:YUM, OTC PINK:KOMOF) reports strong early performance from its eCommerce platform, receiving over 100 verified reviews in six months, with more than 90 rated five stars. CEO William White emphasized the company's commitment to quality and consumer relationships, leveraging digital marketing tools for an enhanced shopping experience. Komo's frozen meal products, including new Komo Plant-Based Meal Helpers, are well-received by customers, highlighting satisfaction with taste and convenience. The company continues to grow its market presence through various retail channels.

Komo Plant Based Foods Inc. has received a Safe Food for Canadians License from the CFIA, allowing it to export plant-based products to countries including the U.S. This license supports Komo's expansion plans into American markets and permits them to sell in all Canadian provinces. CEO William White emphasizes the opportunity for growth and the shift towards plant-based diets. Komo is also working on compliant U.S. packaging and partnering with experienced brokers for national grocery distribution.

Komo Plant Based Foods Inc. has announced a private placement offering of up to 1,000 units, priced at $1,000 each, totaling up to $1,000,000 in gross proceeds. Each unit includes a 10% convertible unsecured debenture and 7,000 common share purchase warrants. The debentures will have a 2-year redemption period and are convertible into common shares at $0.14 each. Net proceeds will support manufacturing, sales expansion, marketing, and salaries, furthering Komo's mission to promote plant-based eating across Canada and the U.S.

Komo Plant Based Foods Inc. (OTC PINK: KOMOF) announced significant retail expansion, adding numerous independent and specialty grocers in Metro Vancouver over the past two months. The company reported strong consumer demand since its launch in April 2021, with multiple reorders from retailers, including a notable ten reorders from one location. Komo has received over 75 five-star consumer reviews for its products, highlighting taste and quality. The company aims to increase distribution by 20 new retail locations monthly and is enhancing manufacturing capabilities to meet demand.

Komo Plant Based Foods Inc. (OTC: KOMOF) has announced its full-service eligibility with The Depository Trust Company (DTC) in the U.S. This allows its shares to be traded more efficiently, providing cost benefits through DTC's automated settlement processes. CEO William White stated this move will enhance accessibility for U.S. investors. Komo develops and sells plant-based frozen meals and has expanded its product line with new versatile meal starters. The company's mission is to popularize plant-based eating.