PLANET BASED FOODS GLOBAL INC Stock Price, News & Analysis

Planet Based Foods Global Inc. (CSE: PBF, OTCQB: PBFFF) announced the introduction of its Original with Cheese and Southwest Style Taquitos at several Lazy Acres Natural Market locations in Southern California beginning in July 2023. This launch will take place across five new locations, including Mission Hills, Hermosa Beach, Long Beach, Encinitas, and Santa Barbara. The company's commitment to sustainable and nutritious food options is underscored by this partnership. The Taquitos will enhance the product availability for health-conscious customers. Planet Based Foods specializes in plant-based meat alternatives, focusing on hemp-based ingredients, and aims to support a healthier planet while providing innovative food products.

Planet Based Foods Global Inc. (CSE: PBF, OTCQB: PBFFF) has announced a non-exclusive Development Agreement with DoehlerGroup to enhance product offerings and expand market reach. The agreement includes the development of a hemp & oat milk base and a cold brew coffee beverage using the same base. Both products will be aimed at B2B and B2C customers, facilitating introductions to key personnel in North America and Europe. Doehler, a prominent supplier in the food and beverage industry, has a commitment to sustainability and offers a wide range of natural ingredients. This partnership aims to position Planet Based Foods in new markets and to increase global brand awareness, capitalizing on the growing trend towards dairy alternatives, which is expected to reach a market value of $23.2 billion by 2030.

Planet Based Foods Global Inc. (CSE: PBF, OTCQB: PBFFF) announced on April 13, 2023, that its Green Chili Southwest Hemp Burger won the Good Housekeeping 2023 Sustainable Innovation Award. This plant-based burger is crafted from high-quality ingredients like hemp protein and green chiles, providing a vegan and gluten-free alternative to traditional meat patties. Each serving contains 19 grams of protein and is rich in Omega fatty acids, making it both nutritious and sustainable. CEO Braelyn Davis expressed excitement over the recognition, highlighting the burger's unique sweet and spicy flavor profile. Planet Based Foods aims to revolutionize the food system by focusing on hemp as a primary ingredient, contributing to environmental sustainability while catering to dietary restrictions.

Planet Based Foods Global Inc. (CSE: PBF) has announced the formation of a UK subsidiary, PBF Europe LTD, aimed at expanding into European markets. The move allows the company to replicate its sustainable practices established in the United States. CEO Braelyn Davis highlighted plans to collaborate with local distributors and producers to promote an ethically sustainable food system, focusing on hemp as a core ingredient. Advisory services from Jason Smith will assist in establishing the company's presence in Europe. The initiative is expected to enhance the company's brand visibility and offer healthier food options in the European market.

Planet Based Foods Global Inc. (CSE: PBF, OTCQB: PBFFF) announced that its products are now available at Ralph's stores across Southern California. CEO Braelyn David expressed pride in the team's achievements and anticipated growth in customer reach and brand awareness. The company focuses on sustainable plant-based meat substitutes, emphasizing hemp's role in environmental sustainability. Their products are 100% vegan, non-GMO, and nutrient-dense, aiming to revolutionize food systems. This expansion enhances visibility in the grocery sector, aligning with increasing consumer preference for eco-friendly products.

Planet Based Foods Global Inc. (CSE: PBF, OTCQB: PBFFF) announced its distribution expansion into the West and Midwest, now available at Smith's and Mariano's supermarkets. The offerings include products like The Original Taquito with Cheese and The Green Chili Southwest Hemp Burger Patties, emphasizing plant-based nutrition with several grams of protein per serving. CEO Braelyn Davis highlighted this move as a significant brand catalyst, while reiterating the importance of both brick-and-mortar and online sales. The company aims to further explore the potential of hemp and plant-based meat applications in future product lines.

Planet Based Foods Global Inc. (CSE: PBF, OTCQB: PBFFF) is expanding into the non-dairy dessert category with a new line of hemp-based vegan ice creams. These products will debut at Natural Products EXPO West from March 9 to 11, 2023, and include four flavors: butter pecan, chocolate, coffee chip, and vanilla, all priced at $7.99 per 14 oz. pint. The ice creams are made from organic hemp milk and aim to appeal to both vegan and traditional consumers. The company's previous offerings include plant-based burgers and taquitos, which have seen sales outperforming forecasts by 20%. Planet Based Foods emphasizes sustainability and supports local farmers by sourcing 100% of its hemp from the U.S.

Planet Based Foods Global Inc. (OTCQB: PBFFF) has partnered with Violife to become the exclusive supplier of dairy-free cheese for its hemp-based convenience foods. This collaboration will enhance products like the Original and Southwest Taquitos, which will be showcased at the Natural Products EXPO West 2023. Violife's dairy-free cheeses, free from preservatives and allergens, are expected to complement Planet Based Foods' nutritious offerings. The new taquitos will provide consumers with convenient, plant-based options packed with protein and omega-3s, supporting sustainable food systems. This partnership aligns with both brands' commitment to quality and innovation.