Our Pure-Play Plant-Based Food Stocks Index* tracks the 8 stocks in the fledgling plant-based fake meat, dairy, eggs, and seafood sector and it is flat (+0.75%) YTD since the beginning of 2021.

Below are links to recent articles on each company followed by their stock performances YTD and the most recent news on every company.

Please note: Every company name has been hyperlinked to a previous article on the company and every company trading symbol has been hyperlinked to provide stock charts, in-depth financial data, and links to other articles on the company to enable the reader to do their due diligence before making a decision to invest in this sector. Also keep in mind that one of the stocks in the Index trades for less than $1/share, and several are microcaps, which in each case may be susceptible to manipulation by unscrupulous speculators. All prices are in USD unless otherwise noted. Go here to convert to another currency.

Constituent Introductions and Stock Performance Comparisons

The Index is divided into two categories – those five (5) trading for less than US$10/share and those three (3) trading at much higher prices –  to provide more meaningful comparisons and conclusions as to the performance of the Index.

1. The Very Good Food Company Inc. (VRYYF) -5.9% YTD to $4.59/share
   • announced new retail distribution with Quality Foods and additional distribution points with Sobeys Inc. through its Safeway retail network. 
   • received conditional approval to list its common shares on the TSX Venture Exchange
   • took official custody of the Rupert (Vancouver) production facility
   • signed a non-binding letter of intent for the acquisition of all the shares of The Cultured Nut Inc., a plant-based cheese company located in Victoria, British Columbia
2. Modern Meat Inc. (SUVRF) -8.4% YTD to $2.93/share
   • no recent news of note
3. Else Nutrition (BABYF) -12.2% YTD to $2.78/share
   • announced an agreement with U.S. based international online retailer of wellness and nutrition products, iHerb Inc., to distribute its products to millions of potential customers in over 180+ countries beyond the U.S.
   • began a national rollout in over 350 stores nationwide at Sprouts Farmers Market
   • successfully completed a trial run of its new Plant-Powered Complete Nutrition for Kids products
   • signed an agreement with Thrive Market, a U.S.-based online retailer of wellness, nutrition and better-for-you food products, as another gateway into the U.S. natural foods market
4. Plant&Co. Brands (VGANF) -4.9% YTD to $0.39/share
   • completed its acquisition of Holy Crap to form a new division focused on creating innovative brands products focused on gut-health wellness.
   • appointed Donna Reddy, a strategic and results-driven leader in the marketing and branding industry, President, effective immediately
   • acquired YamChops which specializes in the preparation, distribution, and retail sales of 17 proprietary plant-based meats, chicken, pork, fish, and various other vegan style food products in both a business-to-business (B2B) and business-to-consumer (B2C) revenue models
5. Eat Beyond Inc. (EATBF) +23.4% YTD to $2.32/share
   • made an investment in, and added, Plant Power Restaurant Group, LLC to its portfolio.
   • completed an investment in Zoglo's Incredible Food Corp., a leading company offering kosher, plant-based meat, appetizers and veggie products, by joining its recent seed round. Zoglo's has plans to become publicly traded via reverse take over in the coming months.
   • announced that its portfolio company Nabati Foods Inc.  now has its Nabati Mozzarella Style Cheeze Shreds included in COBS new plant-based Beyond Sausage® Arrabbiata Mini Pizza
   • announced that its portfolio company good natured Products Inc. (TSXV: GDNP) has released its annual letter to shareholders showing exceptional revenue growth for the fiscal quarter ended December 31, 2020 and excellent projected growth for FY2020
   • completed an investment in Above Food Inc., a company that develops and distributes premium, whole plant alternatives to meat and dairy
   • joined Plant-Based Foods of Canada

Average Sub-Total Performance: -3.8% YTD

1. Laird Superfood Inc. (LSF) -18.5% YTD to $39.47/share
   • announced a new three-year partnership with U.S. Ski & Snowboard to be their official and globally exclusive functional coffee and coffee creamer sponsor.
   • introduced Focus Coffee, a blend of botanicals and a functional mushroom extract
2. Beyond Meat Inc. (BYND) +4.0% YTD to $145.48/share
   • signed a three-year deal agreement with McDonalds to be the preferred supplier for the "meat" in the fast-food giant's McPlant sandwich. The two might also co-develop other alt-protein menu items such as pork, chicken, and egg offerings.
   • negotiated an agreement with  Yum! Brands to "co-create and offer crave-able and innovative plant-based protein menu items that can only be found at KFC, Pizza Hut, and Taco Bell over the next several years." 
   • entered into a joint venture with PepsiCo to create, produce and market plant-based foods and drinks
3. Guru Organic Energy (GUROF) +15.5% YTD to $16.80/share
   • reported favorable Q4 and FY 2020 financial results

Average Sub-Total Performance: -0.5% YTD

*Please note: The 8 pure-play stocks in the munKNEE Pure-Play Plant-Based Food Stocks Index are just that, pure, and focused almost exclusively on the research, development, sales, distribution, and marketing of vegan food products and, as such, the Index reflects the true health of the plant-based food sector in the U.S. and Canada.