The Very Good Food Company Inc.

Recent News

  • The Very Good Food Company Begins Commissioning of its Vancouver-based Production Facility and Announces Changes to Senior Leadership Team

    Vancouver, British Columbia--(Newsfile Corp. - January 13, 2021) - The Very Good Food Company Inc. (CSE: VERY) (OTCQB: VRYYF) (FSE: 0SI) ("VERY" or the "Company"), is pleased to announce that it has taken possession of its highly anticipated Vancouver-based production facility (the "Rupert Facility"). In addition, VERY provides an update on changes to its Senior Leadership team.Rupert Facility CommencementAs of January 11, 2021, VERY has officially taken custody of the Rupert Facility, initially announced on November 11, 2020. After an...

    2021-01-13 7:30 AM ET
  • The Very Good Food Company Announces Strategic Expansion into Plant-Based Dairy Alternatives Market with the Planned Acquisition of The Cultured Nut

    Vancouver, British Columbia--(Newsfile Corp. - January 11, 2021) - The Very Good Food Company Inc. (CSE: VERY) (OTCQB: VRYYF) (FSE: 0SI) ("VERY" or the "Company") is pleased to announce that it has signed a non-binding letter of intent (the "LOI") for the acquisition (the "Acquisition") of all the shares of The Cultured Nut Inc., a popular plant-based cheese company located in Victoria, British Columbia ("The Cultured Nut"), with current distribution in several online and grocery retailers including SPUD.ca and select...

    2021-01-11 7:30 AM ET
  • The Very Good Food Company Announces Achievement of Production Target, Increase in Ecommerce Order Fulfillment and Expansion into Sobeys Retail Network

    Vancouver, British Columbia--(Newsfile Corp. - January 5, 2021) - The Very Good Food Company Inc. (CSE: VERY) (OTCQB: VRYYF) (FSE: 0SI) ("VERY" or the "Company"), is pleased to announce that the Victoria Facility has met its production target of 20,000 lbs per week on average; an 82% capacity increase from October 2020. In addition to this operational achievement, VERY has increased the fulfillment of ecommerce orders to an average of 1800 orders per week, an increase of 100% from September,...

    2021-01-05 7:30 AM ET
  • The Very Good Food Company Announces Record Monthly Sales

    Vancouver, British Columbia--(Newsfile Corp. - December 10, 2020) -  The Very Good Food Company Inc. (CSE: VERY) (OTCQB: VRYYF) (FSE: 0SI) ("VERY" or the "Company"), a progressive creator of innovative plant-based food products, is pleased to announce record sales in November due to highly successful Thanksgiving, Black Friday and Cyber Monday e-commerce sales promotions.November Record Monthly Revenue VERY achieved a new record for monthly sales in November 2020 of $782,790, an increase of 582% over November 2019 due to increased...

    2020-12-10 7:30 AM ET
  • The Very Good Food Company Announces New Appointment to its Board of Directors

    Vancouver, British Columbia--(Newsfile Corp. - December 7, 2020) - The Very Good Food Company Inc. (CSE: VERY) (OTCQB: VRYYF) (FSE: 0SI) ("VERY" or the "Company"), a progressive creator of innovative plant-based food products, today announced the appointment of Bill Tolany, a past Whole Foods Market and Amazon executive, to VERY's Board of Directors.Appointment of Bill TolanyBill Tolany joins VERY's Board of Directors, bringing a wealth of experience in marketing and ecommerce strategies. Bill served as the Senior Director of...

    2020-12-07 7:30 AM ET
  • The Very Good Food Company Announces Closing of Oversubscribed $13.2 Million Bought Deal Public Offering

    Vancouver, British Columbia--(Newsfile Corp. - December 4, 2020) - The Very Good Food Company Inc. (CSE: VERY) (OTCQB: VRYYF) (FSE: 0SI) ("Very" or the "Company") today announced the closing of its previously announced bought deal prospectus offering (the "Offering") of 3,778,900 units of the Company (the "Units") at a price of $3.50 per Unit for aggregate gross proceeds of $13,226,150, which included the full exercise of the over-allotment option by the lead underwriter and sole bookrunner for the Offering, Canaccord...

    2020-12-04 9:00 AM ET
  • The Very Good Food Company Announces New President from Daiya Foods Inc.

    Vancouver, British Columbia--(Newsfile Corp. - November 24, 2020) -  The Very Good Food Company Inc. (CSE: VERY) (OTCQB: VRYYF) (FSE: 0SI) ("Very" or the "Company") is pleased to announce that veteran plant-based food production executive, Ana Silva, will join Very as President commencing in January 2021.New President Appointment Management is pleased to enlist a President with such an impressive background in plant-based food production, as the Company scales operations. Silva has spent the past five years with Daiya Foods Inc....

    2020-11-24 7:30 AM ET
  • The Very Good Food Company Reports Third Quarter Fiscal 2020 Results

    Vancouver, British Columbia--(Newsfile Corp. - November 16, 2020) - The Very Good Food Company Inc. (CSE: VERY) (OTCQB: VRYYF) (FSE: 0SI) ("VERY" or the "Company") today announced its third quarter ("Q3") financial results for the period ended September 30, 2020.Key Financial Highlights of Q3 2020Revenue of $1,393,234, growth of 26.6% over the prior quarter and 322% year over year Gross margin of 39.2% over a nine-month period; an improvement from 28.7% in 2019Production volume sold of 126,293 lbs in the...

    2020-11-16 8:15 AM ET