- Boosh Plant-Based Brands (VEGI) has provided an update on the company’s sales activity
- The company is continuing to scale production to meet purchase orders of approx. $800K a month
- Beanfields top Canadian accounts include Whole Foods, Sobeys and Loblaws
- Boosh Plant-Based Brands Inc operates as a plant-based ready-to-eat food company
- Boosh Plant-Based Brands (VEGI) is up 30.77 per cent on the day, trading at C$0.085 per share at 2 pm ET
Boosh Plant-Based Brands (VEGI) has provided an update on the company’s sales activity.
CEO Connie Marples commented,
“As we continue to scale production to meet our consistent purchase orders of approx. $800K a month, the following stores are the top retailers carrying Beanfields Chips. Once we are able to meet that production level, we have numerous more retailers waiting for the product and expect to be able to cross the $1M monthly sales mark in the coming months.
Once Beanfields is fully capitalized, the company expects to be able to increase production levels of Boosh products to meet new retail opportunities that have been presented through our broker but require upfront capital to execute.”
Beanfields chips’ top Canadian accounts include Whole Foods, Sobeys, Pattison Group (Choice’s, Nester’s, Buy-Low, Nature’s Fare) and Loblaws.
Although the primary focus is on Beanfields and the company’s cash flow is dedicated to increasing production of the Bean Chip line, Boosh continues its organic growth with new accounts and market penetration:
- Nature’s Fare Stores throughout BC and Kootenay Co-Op now carry the Amuse boosh line of plant-based cheese and végé pâté.
- UNFI had a 74 per cent increase in sales of Boosh products vs 2021 ($196,226 vs $342,294)
- Whole Foods had a 124 per cent increase in sales ($19 0978 in 2021 vs $44 864 in 2022)
About Boosh Plant-Based Brands Inc.
Boosh Plant-Based Brands Inc operates as a plant-based ready-to-eat food company. It distributes and sells plant-based frozen meals to grocery outlets and independent grocery stores throughout Canada.
Boosh Plant-Based Brands (VEGI) is up 30.77 per cent on the day, trading at C$0.085 per share at 2 pm ET.