Plant Veda Foods - PLVFF STOCK NEWS

Plant Veda Foods Ltd. (OTC:PLVFF) has announced a $1,000,000 loan agreement with a private lender, secured by a convertible promissory note maturing in two years at 10% interest. The loan's principal and unpaid interest can convert into units at $0.64 each. Additionally, the company completed a non-brokered private placement of 432,692 units at $0.52, raising $225,000. Each unit includes a common share and a warrant priced at $0.85 for two years. Plant Veda aims to drive plant-based consumption and improve health, while its financial strategies suggest a focus on growth.

Plant Veda Foods Ltd. has announced the addition of Joanna Cruciat as the new Brand Director. Joanna brings over 20 years of experience in marketing communications and brand development, having worked with various well-known brands. Her role will focus on enhancing brand awareness and driving Plant Veda's strategy in the growing plant-based market. CEO Sunny Gurnani emphasized the importance of brand quality in conjunction with product quality. The company aims to accelerate the shift towards plant-based consumption and improve overall health through its innovative dairy-alternative products.

Plant Veda Foods Ltd. (OTC:PLVFF) showcased its dairy-alternative products at the Naturals Products Expo West, attended by 89,000 participants, from March 8-12, 2022. Selected by the government of British Columbia, the company aimed to promote Canadian exports. CEO Sunny Gurnani noted strong brand recognition, especially for their vegan Lassi and creamers sweetened with maple syrup. The event marked the first Expo West since the pandemic, focusing on the $300 billion natural product industry. Plant Veda plans to attend more trade shows to expand its market reach.

Plant Veda Foods Ltd. (CSE:MILK) (OTC:PLVFF) has appointed Greg Smith as Vice President of Global Sales to enhance distribution and production efforts. With over 35 years in the consumer packaged goods industry, Smith aims to leverage relationships with major retailers like Costco and Save-On-Foods. This move follows the hiring of a Plant Manager to ramp up production, reflecting the company’s commitment to meet rising consumer demand for plant-based dairy alternatives.

Plant Veda Foods Ltd. (OTC:PLVFF) announced that its Plant Gurt yogurt will be available in select Whole Foods Market locations in British Columbia starting in Q2 2022. This approval is a significant milestone as Whole Foods is known for rigorous quality standards and specializes in premium natural and organic foods. Launched in late 2021, Plant Gurt is made from whole food ingredients and offers various flavors, containing billions of probiotics. Additionally, Plant Veda has renewed service agreements for investor relations and granted stock options to employees.

Plant Veda Foods Ltd. (OTC:PLVFF) emphasizes the health benefits of probiotics found in its plant-based yogurt products, Lassi and Plant Gurt. The company highlights studies indicating that probiotics can improve gut health and reduce the incidence of respiratory infections. CEO Sunny Gurnani stresses the importance of maintaining a healthy immune system. The company plans to innovate and enhance its product line throughout 2022 to meet growing consumer demand for plant-based health solutions.

Plant Veda Foods Ltd. has launched a new consumer-friendly website, enhancing the shopping experience for plant-based products. Customers can enjoy an initial discount of 10% and up to 50% off with a subscription program. Free shipping is available on orders over $49.99. The site also features a Sampler Box for trying multiple products, along with sections for investment and recipe recommendations. CEO Sunny Gurnani emphasized the convenience and affordability of adopting a plant-based lifestyle through the new platform.

Plant Veda Foods reflects on a successful 2021 and anticipates growth in 2022. Key achievements include doubling retail presence through partnerships with major distributors like Sysco Corp. and expanding product lines with new offerings like PlantGurt. The company enhanced its management team and secured a new 25,000 sq ft manufacturing facility, aiming for an annual production capacity of 2.5M litres. Looking forward, Plant Veda plans additional product launches and aims for accelerated revenue growth in the dairy-alternative market.

Plant Veda Foods has expanded its product offerings by adding its newly formulated PlantGurt to the Sampler Box, which now includes a range of plant-based products at a 15% discount and free shipping across North America. The Sampler Box features Probiotic Lassi, PlantGurt, Mylk, and Coffee Creamer, with all items being lactose-free, gluten-free, and vegan.

Additionally, Plant Veda has renewed its agreement with Command Marketing Innovations for investor relations and digital marketing services, totaling US$75,000.