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 fake meat, dairy, egg, and seafood products.

Note that each constituent has hyperlinks to 5 areas of additional information which are imperative for any individual considering investing in this sector:

1. The company name is hyperlinked to its web site to provide you with a description of the company and an analysis of its stock.
2. The trading symbol is hyperlinked to additional financial data and commentary on the company (where available).
3. The percentage change YTD is hyperlinked to a chart of the company's stock performance.
4. The "financial distress" percentage is sourced from macroaxis.com (visit the site and type in the stock symbol to obtain the most recent analysis).
5. The Analyst Consensus is sourced from stockanalysis.com (visit the site and type in the stock symbol to obtain a detailed consensus of their recommendations and projections).

This article updates the performances of the constituents this past week, in descending order, with their YTD performances in brackets.

1. The Very Good Food Company (VGFC): UP +30.0%; (DOWN -29.7% YTD)
   • Chance of Financial Distress in next 2 years: 70%
   • Analyst Consensus: No analysts following VGFC
2. Else Nutrition (BABYF): UP +12.1%; (UP +2.2% YTD)
   • Chance of Financial Distress in next 2 years: 25%
   • Analyst Consensus: No analysts following BABYF
3. Laird Superfood (LSF): UP +5.4%; (DOWN -72.9% YTD)
   • Chance of Financial Distress in next 2 years: 58%
   • Analyst Consensus: 7 stock analysts currently rate LSF as a BUY.
4. Guru Organic Energy Corp. (CSE: GURU; GUROF): No Change;  (DOWN -32.6% YTD)
   • Chance of Financial Distress in next 2 years: 24%
   • Analyst Consensus: No analysts following GUROF
5. Tattooed Chef (TTCF): DOWN -0.7%;  (DOWN -21.5% YTD)
   • Chance of Financial Distress in next 2 years: 26%
   • Analyst Consensus: 9 stock analysts currently rate TTCF as a BUY.

The average market capitalization of the above 5 stocks is $200M with an average stock price of $5.10/share. (The aforementioned currency amounts are in U.S. dollars. Go here to convert to another currency.)

The munKNEE Pure-Play Plant-Based Food Stocks Index went UP +1.3% this past week but remains DOWN -39.9% YTD and DOWN -75.7% from its peak in 2021.

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 -3.3%; (DOWN -25.4% YTD)
   • Chance of Financial Distress in next 2 years: 10%
   • Analyst Consensus: 26 stock analysts currently rate BYND as a HOLD.
2. Oatly Group (OTLY): DOWN -10.5%; (DOWN -35.7% YTD)
   • Chance of Financial Distress in next 2 years: 24%
   • Analyst Consensus: 25 stock analysts currently rate OTLY as a BUY.

We think the above Index reflects the true health of the plant-based food sector in the U.S. and Canada.