The munKNEE Pure-Play Plant-Based Food Stocks Index of 5 fake meat, dairy, egg, and seafood companies was only down -1% last week, which is very encouraging for a sector that is down -75.1% from its high in 2021 and has declined -35.8% YTD.

Note that each constituent has hyperlinks to 3 areas of additional information which are imperative for any individual considering investing in this sector:

• The company name is hyperlinked to its web site to provide you with a description of the company and an analysis of its stock.
• The trading symbol is hyperlinked to additional financial data and commentary on the company (where available).
• The percentage change YTD is hyperlinked to a chart of the company's stock performance.

1. Tattooed Chef (TTCF): UP +7.7% last week;  (DOWN -19.6% YTD)
2. The Very Good Food Company (VGFC): UP +3.4%; (DOWN -25.7% YTD)
3. Else Nutrition (BABYF): DOWN -1.1%; (UP +1.1% YTD)
4. Guru Organic Energy Corp.  (CSE: GURU;  GUROF ):  DOWN -2.5%;  ( DOWN -34.3% YTD )
5. Laird Superfood (LSF): DOWN -15.5%; (DOWN -59.8% YTD)
   • will report its financial results for Q4 and FY ended December 31, 2021 on Tuesday, March 8, 2022 after market close which, hopefully, will explain why LSF's stock price is doing so poorly. 

The average market capitalization of the above 5 stocks is $190M with an average stock price of $5.45/share. (The aforementioned currency amounts are in U.S. dollars. Go here to convert to another currency.)

Not included in the Index are two huge companies with market capitalizations in excess of $4B which performed, as follow, last week with the percentage change YTD in brackets:

1. Beyond Meat (BYND): DOWN -2.9%; (DOWN -33.7% YTD)
2. Oatly Group (OTLY): DOWN -8.2%; (DOWN -22.4% YTD)

The 5 stocks in the munKNEE Pure-Play Plant-Based Food Stocks Index are focused almost exclusively on the research, development, sales, distribution, and marketing of vegan food products; as such, we think the Index reflects the true health of the plant-based food sector in the U.S. and Canada.