E Plant-Based Food Stocks Index Showed Some Weakness Last Week

The new munKNEE Pure-Play Plant-Based Food Stocks Index* tracks the price performance of the 6 stocks in the fledgling plant-based fake meat, dairy, eggs and seafood sector to complement the Pure-Play Pot Stock Index and the Pure-Play Psychedelic Stocks Index

Below are introductory paragraphs, and links, to my recent exclusive articles on TalkMarkets on each company followed by their stock performances for the week ended December 4th:

Constituent Introductions and Stock Performance Comparisons

The Index is divided into two categories – those (four) trading for less than US$5/share and those (two) 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. (VYYRF): designs, develops, produces, distributes, and sells a variety of plant-based "meat" and other food alternatives including The Very Good Butcher products.
    • +58.1% on top of +37.0% the previous week
  2. Better Plant Sciences Inc. Ready To Capitalize On The Burgeoning Growth In Plant-Based Foods ((VEGGF): focused on developing and acquiring plant-based food and beverage formulas, health supplements, therapeutic formulas, and skincare formulas to take full advantage of the dramatic growth in such products.
    • +20.0% vs. no change in price the previous week
  3. Award Winning Modern Meat Inc. Is Disrupting The Traditional Meat Industry (SUVRF): Recognizing a gap in the market for nutritious and satisfying meat alternatives that were soy-, gluten-, nut-, and GMO-free the company quickly became the fastest-growing alternative-meat company in Canada.
    • +10.6% on top of +30.6% the previous week
  4. Else Nutrition: Plant-Based Food Products For Young Children (BABYF): The steady rise in plant-based products indicates that this is not a bubble or a fad, but a real change in consumer behavior – a tipping point. One of those companies with truly innovative products is Else Nutrition Holdings Inc..
    • -9.7% vs.+39.3% the previous week
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