The Very Good Food Company Inc.

Recent News

The Very Good Food Company Announces Acquisition of Lloyd-James Marketing Group

Vancouver, British Columbia--(Newsfile Corp. - March 15, 2021) - The Very Good Food Company Inc. (CSE: VERY) (OTCQB: VRYYF) (FSE: 0SI) ("VERY" or the "Company") is pleased to announce the strategic acquisition of the Lloyd-James Marketing Group Inc. ("Lloyd-James"), a boutique wholesale and food service broker specializing in the plant-based food industry with a history of placement in large natural, speciality and conventional grocery retailers such as Whole Foods, The Pattison Food Group,...

2021-03-15 7:00 AM EDT

The Very Good Food Company Receives Full Approval to List on the TSX Venture Exchange

Vancouver, British Columbia--(Newsfile Corp. - March 12, 2021) - The Very Good Food Company Inc. (CSE: VERY) (OTCQB: VRYYF) (FSE: 0SI) ("VERY" or the "Company") is pleased to announce that it has received final approval from the TSX Venture Exchange ("TSXV") to list its shares on the TSXV effective as of the open of market on March 17, 2021. The Company's trading symbol "VERY" will remain unchanged and shareholders will not be required to take any action in connection with...

2021-03-12 7:00 AM EST

The Very Good Food Company Announces Signing of Committed C$70 Million Credit Facility Non-Binding Term Sheet with Prominent Institutional Investment Firm

Accelerating Growth and Capacity Expansion InitiativesVancouver, British Columbia--(Newsfile Corp. - March 9, 2021) - The Very Good Food Company Inc. (CSE: VERY) (OTCQB: VRYYF) (FSE: 0SI) ("VERY" or the "Company") is pleased to announce that it has executed a non-binding term sheet (the "Term Sheet") with a prominent institutional lender for a committed C$70 million senior secured Credit Facility (the "Credit Facility"). Upon closing the proposed financing,...

2021-03-09 7:00 AM EST

The Very Good Food Company Completes Acquisition of The Cultured Nut

Vancouver, British Columbia--(Newsfile Corp. - February 24, 2021) - The Very Good Food Company Inc. (CSE: VERY) (OTCQB: VRYYF) (FSE: 0SI) ("VERY" or the "Company") is pleased to announce that it has completed the acquisition of The Cultured Nut Inc., a highly popular artisan vegan cheese producer on the West Coast of Canada ("Cultured Nut"), with current sales distribution in several online and grocery retailers including select Whole Foods stores. Cultured Nut is a plant-based cheese company...

2021-02-24 7:00 AM EST

The Very Good Food Company Announces Increased Distribution With National Retailers

Vancouver, British Columbia--(Newsfile Corp. - February 18, 2021) - The Very Good Food Company Inc. (CSE: VERY) (OTCQB: VRYYF) (FSE: 0SI) ("VERY" or the "Company") is pleased to announce new retail distribution with Quality Foods owned by the Jim Pattison Group; and additional distribution points with Sobeys Inc. through its Safeway retail network. These partnerships are a result of VERY's efforts to scale distribution in line with production capacity.Expanded Distribution Quality Foods has...

2021-02-18 7:30 AM EST

The Very Good Food Company Announces Director of US Sales and Provides E-commerce Update

Vancouver, British Columbia--(Newsfile Corp. - February 10, 2021) - The Very Good Food Company Inc. (CSE: VERY) (OTCQB: VRYYF) (FSE: 0SI) ("VERY" or the "Company") is pleased to announce the appointment of Kevin Callaghan, a veteran sales executive in the plant-based food space, as its Director of Sales for US markets; as well as provide an update on US e-commerce activity.Director of US SalesKevin Callaghan joins the VERY team as our new Director of US Sales focusing on building our...

2021-02-10 7:30 AM EST

The Very Good Food Company Receives Conditional Approval to List on the TSX Venture Exchange

Vancouver, British Columbia--(Newsfile Corp. - February 3, 2021) - The Very Good Food Company Inc. (CSE: VERY) (OTCQB: VRYYF) (FSE: 0SI) ("VERY" or the "Company") is pleased to announce that it has received conditional approval to list its common shares on the TSX Venture Exchange ("TSXV"), subject to fulfilment of customary conditions including the filing of final documentation with the TSXV. The Company will make a further announcement once the TSXV has issued a bulletin confirming the date...

2021-02-03 7:30 AM EST

The Very Good Food Company Announces A New Flagship Butcher Shop

Vancouver, British Columbia--(Newsfile Corp. - January 28, 2021) - The Very Good Food Company Inc. (CSE: VERY) (OTCQB: VRYYF) (FSE: 0SI) ("VERY" or the "Company"), is pleased to announce a new flagship butcher shop and restaurant in Victoria, Canada, and update on the commissioning of the Rupert Facility.New Flagship Butcher ShopVERY is pleased to announce the launch of a new flagship butcher shop located in downtown Victoria, Canada. The new butcher shop will feature a quick service...

2021-01-28 7:30 AM EST

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,...

2021-01-13 7:30 AM EST

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...

2021-01-11 7:30 AM EST

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 EST

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...

2020-12-10 7:30 AM EST

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....

2020-12-07 7:30 AM EST

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...

2020-12-04 9:00 AM EST

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...

2020-11-24 7:30 AM EST

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...

2020-11-16 8:15 AM EST

The Very Good Food Company Announces New Production Facility, U.S. Wholesale Broker Relationship and Operational Update

Vancouver, British Columbia--(Newsfile Corp. - November 11, 2020) - The Very Good Food Company Inc. (CSE: VERY) (OTCQB: VRYYF) (FSE: 0SI) ("VGF" or the "Company") is pleased to announce that it has signed a lease to secure a new production facility in Vancouver, British Columbia (the "Rupert facility"). Already built-out as a food production facility by its previous plant-based operator, the Rupert facility comprises approximately 45,000 square feet of production, refrigeration, warehousing,...

2020-11-11 7:00 AM EST

The Very Good Food Company Issues Statement Regarding Promotional Activity

Vancouver, British Columbia--(Newsfile Corp. - November 3, 2020) - The Very Good Food Company Inc. (CSE: VERY) (OTCQB: VRYYF) (FSE: 0SI) ("VGFC" or the "Company") at the request of OTC Markets and IIROC, would like to address the recent increase in trading activity, provide details around promotional media and confirm that no material information remains undisclosed.Since the date of the initial IPO, the Company has been featured across a wide variety of media platforms receiving significant...

2020-11-03 3:16 PM EST

The Very Good Food Company Announces Distribution Partnership with North America's Leading Wholesale Distributor and Expanded Points of Retail

Vancouver, British Columbia--(Newsfile Corp. - October 22, 2020) - The Very Good Food Company Inc. (CSE: VERY) (OTCQB: VRYYF) (FSE: 0SI) ("VGFC" or the "Company") is pleased to announce a new wholesale distribution partner in Canada and an overall increase in the number of existing retail points of distribution in Western Canada.New Distribution PartnerThe Very Good Food Company recently entered into a new distribution agreement with UNFI Canada to distribute The Very Good Butchers line up of...

2020-10-22 7:00 AM EDT

The Very Good Food Company Announces Upgrade to Trade on the OTCQB Market

Vancouver, British Columbia--(Newsfile Corp. - October 14, 2020) - The Very Good Food Company Inc. (CSE: VERY) (OTCQB: VRYYF) (FSE: 0SI) ("VGFC" or the "Company") is pleased to announce that its common shares have been approved for trading on the OTCQB Market ("OTCQB") under the symbol "VRYYF" effective at the open of trading today, October 14, 2020. The OTCQB is a venture market operated by OTC Markets Group and designed for early-stage and developing U.S. and international companies. To be...

2020-10-14 7:30 AM EDT

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