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Modern Plant Based Foods Inc.Modern Plant Based Foods Inc.Modern Plant Based Foods Inc.

Modern Plant Based Foods Inc.

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MEAT Long at 1.74 - 3-1 Pnl Target (30%up/10%down) Target = 2.30Technicals - RSI on 1 4 and daily have bottomed out or are diverging from a long down trend - broke out of a long daily downtrend - broke out of a shorter daily downtrend (apr 23 - may 19) - CM Williams Fix on 1hr shows Buy signal (feb 23 - apr 2) - VERY strong support around 1.74 (1hr, 4hr, Daily charts) - Volume has been declining on the down trend for the past week - indicates down trend is losing momentum Target - $2.30 range - 3-1 profit loss target (30%/10%) Timeframes - Looking for a 2-3 week trade - any longer and signals won't apply to current trade
CSE:MEATLong
by ckoosh
1
$Meat Modern Meat - Huge Reversal Opportunity Canada: (CSE: MEAT) USA: (OTC: SUVRF) Germany: (Frankfurt: L3OP) Alert Price: $3.57 Float: 13.02M Technical Analysis , The global pandemic has revealed startling flaws in global supply chains across a variety of industries, especially in the world of meat production. Earlier this year, the spread of the virus among workers at meat processing facilities ground production to a halt, leading to smaller supply and higher prices for meat products across the country. Thanks to these seismic shifts in the market, some analysts estimate that U.S. per capita meat consumption won't recover to pre-pandemic levels until 2026. This has given fake meat stocks – companies that focus on alternative, plant-based meat replacement products – a huge opportunity to not only capitalize on the investments they've made in artificial meats, but to invest even more resources into a meatless future. One company stands out from the rest, and it is Modern Meat Inc. (CSE: MEAT). About Modern Meat Modern Meat is an award winning Canadian food company based in Vancouver, British Columbia that offers a portfolio of plant-based meat products. Modern Meat recognizes the importance of providing consumers nutritious and sustainable meat alternatives without sacrificing taste. We are deliberate in choosing ingredients free of soy, gluten, nuts and GMO's. Their mission is to change the way food is produced and consumed for the benefit of people, animals and the environment by using only natural 100% plant-based ingredients. The Demand For Modern Meat's Products Is Massive New Facility is Operating at Full Capacity Since the acquisition of the new facility, the Company has worked to bring its operation up to full capacity. The company has successfully implemented a double shift mandate in order to keep up with demand. The Company has been successful in hiring new staff and providing successful training to improve its gross product production capacity. The facility is currently at maximum capacity of approximately 100,000lbs per annum of all Modern Meat products, and the Company is actively looking for other production facilities and partners to keep up with ongoing demand. "In order to secure larger accounts, it is key for us to be able to stockpile a certain level of inventory. We are extremely pleased to announce we are taking steps in the right direction. Being in the food industry for over 20 years, I've experienced how hard it can to build a team. Finding likeminded people who want to grow this business and facilitating this change to increase our production has been no small feat." states Kevin Lohnes, the Company's Production Manager. Modern Meat will be using the extra inventory to target new accounts and national distributors to further increase the outreach of its products. Additionally, Modern Meat will continue to look for added production from other facilities and possible partnerships in preparation for future growth. "Our production and kitchen staff have done an outstanding job implementing the double shift, but I feel it is just the tip of the iceberg as to where we will be going. I'm very excited about our new ventures and the direction of the Company. We will continue to aggressively look for expansion on the retail, production, and acquisition front." States Tara Haddad CEO and Founder of the Company. Modern Meat Sells Out 15 Weeks in a Row and Updates New Facility Status On October 9th , the Company announced that it has sold out of its products for 15 consecutive weeks to retailers and direct to consumer sales. The Company has been pleased with its initial launch of its line of Modern Burger, Crumble, Meatball, Crab Cake and sauces. Modern Meat is seeing demand for its product exceed its current production capacity which is leading to the continuous sell outs. As previously announced, Modern Meat is in process of expanding its production capacity (see press release of August 28, 2020). "We are pleased to announce that our sellout streak is continuing and there is an obvious demand for our products. Despite the interest in our products we are currently constrained by our production capacity and continuing the set-up of our new facility," stated Tara Haddad, Chief Executive Officer of the Company. "Adding new machinery, renovations, and staff is a gradual exciting process that our company is excited and pleased to take on. As the Company adjusts to the current facility, it is also seeking additional production expansion." In its most recent two weeks commencing September 28, 2020 the Company has sold 2,286 lbs of product in its eight current SKUS Modern Burger, Modern Crab Cakes, Modern Crumble, Modern Sliders, Modern Meatballs, Modern Tarragon Remoulade, Modern Burger Sauce and Modern Onion Relish. The Company continues to ramp-up its production capacity by adding new staff and machinery. Mrs . Haddad added: "Growing pains are typical in explosive growth industries and we feel that we are now in search of reaching higher goals of production than initially set out. When diversifying our portfolio of products from the initial outset we had to reduce the number of burger patties to accommodate production, and due to the sustained overall interest of other products in the portfolio, we will have to grow production across the board. These are very exciting times for the Company and we are looking aggressively to solve this new bottleneck and setup for further expansion." Modern Meat (CSE: MEAT) Soon To Be A Household Name In A Key Market Modern Meat Launches Vancouver Island Expansion Plan with Key Accounts and TV Marketing Campaign Modern Meat will be expanding its retail presence as well launching a Christmas marketing campaign on Vancouver Island for its line of 100% plant-based products including the Modern Burger, Crab Cakes, Crumble and Meatballs. "We are very excited to promote our company and products on Vancouver Island as I feel its residence and known geography is a prime retail market for our products. Vancouver Island is known for its beautiful landscapes and coastal forest combined with healthy clean living, a sentiment that our products represent." states CEO Tara Haddad. Modern Meat is currently working with 30 retailers on Vancouver Island and will soon be expanding this base which could eventually open an exciting new growth market for the Company. Modern Meat will also be creating a business segment which will run on CHEK TV, Vancouver Island's premier channel, throughout the Christmas season to promote its plant-based meat alternatives. Chek TV is currently airing in British Columbia and nationally with affiliated networks to approximately 6 million subscribers and 15 million viewers. The outreach is expected to create substantial awareness to both consumers and retail locations. "Vancouver Island is very near and dear to me as I was born and raised on the island. Knowing the island as well as I do, I feel it is the perfect match between people and product. People on the island have been looking for a healthy delicious meat alternative that is made with whole products and GMO free. By raising awareness to our product line on the island, I feel it will bring significant value and add sales to the company. We have just launched with one of the largest and oldest retail chains on the island, operating since 1982 with over 1000 employees and 13 locations, and are very excited to build around this cornerstone account." states Chief Corporate Officer Cassidy McCord. Modern Meat Is Expanding Rapidly Into U.S. and Australian Markets Modern Meat Announces US Distribution Co-Manufacturing Agreement for Up To $25 Million Last month the Company announced a co-packing agreement with Real Vision Foods , LLC ("Real Vision") of California. The Company has been seeking active growth opportunities in the United States to launch its portfolio of plant-based meat alternative products. Real Vision is a California based co-manufacturer with the capability of producing up to a wholesale value of $25 Million USD worth of total Modern Meat products per year through its facility. Its management team has over 100 years of experience working with companies such as at General Mills, Pepsi and Yum Restaurants. The principles have provided over 250 different SKU's to retail, mass merchandise & club store supply chain, with branded and private label applications in US and Canada. "This marks a major milestone for our company as it has been long been a goal to produce and sell our products in the US. We are incredibly excited to launch out of California with an early adopter of plant based vegan alternatives. We feel that by moving to an established team of co-manufacturing, our company is likely to see significant growth in our revenues." states Tara Haddad, Chief Executive Officer of the Company. "Modern Meat's growth has always been an issue of available production capacity. By moving to the USA, our company has taken a significant step in the right direction to access production capacity that should support significant growth. By partnering with a strong co- manufacturer, it will allow Modern Meat to leverage its brand and amazing products to get placement in as many west coast retailers as possible. While growing Modern Meat in the USA we will continue our mandate to look for high quality brands with distribution that fit our company principles." states Campbell Becher, Head of Finance and Mergers and Acquisitions for Modern Meat. Real VisIon Foods also already supports national distribution of other vegan products; specifically specializing in fermentation of (dairy analogue) and meat analogue products, being one of the few industrial scale co-packers exclusively serving plant based & gluten free products. "Real Vision is excited to support the growth of Modern Meat in its journey to offer white tablecloth - culinary level product quality to consumers throughout the world. The company recognizes the importance of offering quick to market product capabilities for emerging plant based only brands that reflect is its sustainability conscious value & aspirations, we look to move very quickly with our partnership as it is highly prioritized product and will hopefully be in production with Modern Meat within 90 days." states Joseph Ertman, President of Real Vision Foods , LLC. Production of Modern Meat products through Real Vision is expected to commence in Q1 2021. The actual amount of Modern Meat products produced by Real Vision will be based on demand for Modern Meat products in the United States through Modern Meat's retail and wholesale partners. Modern Meat expects the production by Real Vision will be a mix of its various products including its burger, crumble, meatballs, sauces and other products under development. Signs Letter of Intent to Expand Operations to Australia and Begin the Testing Phase for Producing Modern Meat Products Modern Meat has signed a letter of intent with SPQR HOLDINGS PTY LTD. (SPQR), a distributor and co-packer based in Adelaide, Australia to launch its portfolio of 100% plant-based meat alternative products. SPQR has an operational team with over 180 years of experience in Food Manufacturing, Sales, Marketing, and Business Development. Currently, the company produces ready meals, pasta and protein, cakes and pastries, gelati, coffee , sandwiches, salads, panini, and breads, which are already distributed to almost major supermarket retailers in Southern Australia including IGA, Foodland, Coles, and Woolworths. SPQR is a facility of approximately 21,000sq/ ft with a full production staff. SPQR will be onboarding Modern Meat into its production facility as well as its distribution platform to likely increase its distribution to major national grocers. As Modern Meat's sales grow, SPQR may decide to retrofit their existing facility to accommodate production needs. Currently, the facility is certified with HACCP and in-house QC, and QA specialist to confirm product consistency. "Having grown up and worked in Australia early in my career and later at the Macquarie Group, I feel qualified to state that there is a significant growth opportunity in this market. I believe that there is a demand for quality plant-based products such as Modern Meat in the country and we look forward to filling that void. Working with SPQR, I feel we have the right team and expertise to ensure that Modern Meat is distributed across the country and begin our global launch program." States Craig Wallace, Head of Global Acquisitions for Modern Meat. "We have always had the vision that Modern Meat would become a global household name and with this launch to Australia we are one step closer. I'm incredibly pleased to have the expertise within the Company and great counterparts outside the Company to ensure a successful launch in Australia. These upcoming months for the Company are very exciting as we will continue our growth pattern with our own inhouse products while looking for acquisitions that fit our model." States Tara Haddad, CEO and Founder of Modern Meat. Taking Canadian Retail By Storm Modern Meat Continues Its Growth Through the Acquisition of Retail Locations Modern Meat (CSE: MEAT) as signed a term sheet to acquire 1257189 BC Ltd. (the "Vendor"), which owns two of three Victoria's Health & Organic Bar Retail locations, both located in Vancouver, BC . Victoria's Health & Organic Bar has been in business for 18 years and has gathered a significant following in the Health and "Good for You" Community. Last year's gross sales from all locations, including the third store in North Vancouver, BC , totaled approximately $4.3 million, focusing only on Health-related products. Modern Meat intends to renovate and rebrand the acquired stores under the brand "Modern Health and Wellness Bar." Stores will be converted to focus solely on vegan products and supplements, in addition to a significant increase in food services serving premade meals and expansive to-go vegan menu. "The acquisition of Victoria's is an opportunity that allows Modern Meat to build itself as a leader in the health and nutrition market. Adding our own retail locations to the fold is yet another milestone for the company," states Tara Haddad, CEO of Modern Meat. "We are thrilled to acquire such an established brand and Company with a great reputation in the Health and "Good for You" Community. We will adapt the core principles that drove Victoria's success and implement Modern Meat's plant-based lifestyle values through Modern Health and Wellness Bar. We feel there is a huge gap in the plant-based health and supplement space and establishing retail locations which focus on the health and wellness lifestyle-oriented consumer aligns very well with our products." "Modern Meat is more than a product, it is a lifestyle and culture," explains Campbell Becher, Director and Head of Finance and M&A for Modern Meat. "Our effort to establish our brand continues to gain momentum through this acquisition. Our goal is to build the Modern Meat lifestyle brand through awareness, expansion, and by developing long standing community and consumer relations. We expect the Modern Health and Wellness Bar channel to be a strong contributor toward our growth. We continue to explore opportunities that fit with our core principles and will help build our company brand, distribution, and revenue." Modern Meat Doubles Retail Presence to over 50 Locations In mid-August, the Company announced that since going public on June 30, 2020 it has expanded its reach significantly in British Columbia, by over doubling its retail presence and now being available in over 50 locations. "I am very proud of our team and pleased with the work they have accomplished to get us to this point," said Tara Haddad, CEO of Modern Meat. "As demand for our plant-based meat alternatives continues to grow we intend to pursue expansion plans through accretive acquisitions in the sector and by developing our distribution channel nationally through major retail chains, specifically in Ontario. We also plan to invest in a new kitchen facility this quarter to give us additional production capacity to meet the considerable increase in market demand." Modern Meat Finds The Perfect Match To Spearhead Global Expansion Modern Meat Annnounces Ex Maquarie Managing Director Craig Wallace as Head of Global Acquisitions and Member of the Advisory Board Last month the Company appointed Craig Wallace to the advisory board and as head of global acquisitions, to lead the Company's expansion outside of North America. Mr. Wallace's has led the establishment of Private Capital Funds and capital formation globally. Mr. Wallace has over 30 years of capital markets experience, having held senior positions in advisory firms, Investment Banks and Private Equity Companies, including, Clarion Capital (managing director), the Macquarie Group (managing director), MGPA (Managing Director & global head of capital markets) and Spearhead Capital Partners ( CEO ). "Craig brings deep global capital markets and business development experience from his decades in private and public capital markets, specifically in the areas of Investment Banking, Private Equity, and Private Placements. He has built material value and growth to the businesses that he has advised, represented, and led, through his long-distinguished career, with successful experience in the private & public equity markets. To have someone of his caliber join our team speaks volumes in the direction that Modern Meat is going, to not only become a household name in North America but around the world," states Campbell Becher, Head of Finance and Mergers and Acquisitions for Modern Meat. Mr. Wallace has spearheaded transactions totalling in excess of USD8 billion and has extensive relationships with global institutional capital and CEOs of leading public and private companies globally. He has also sat on numerous investee-company boards and global Investment & Credit Committees in which he has overseen in excess of USD20 billion in approved transactions. He led MGPA's FUM growth, taking it from USD600 million to USD6 billion (equity) in a period of three years. Craig is a qualified Chartered Surveyor, under the Finance & Investment Pathway, and a Member of the Royal Institute of Chartered Surveyors. "I'm very pleased to add Craig to our team. He has had an extremely distinguished career in finance and we are proud to say he shares the same vision with Modern Meat. Together we believe we are on the horizon of significant growths" states Tara Haddad, CEO of the Company. "I have been a believer in the vegan sector for quite some time and have been looking for the right company to align with, Modern Meat ticks all the boxes. The Company has incredible products and an unbelievable management team whose principals and growth plan match with my beliefs. Coming on board I look to take Modern Meat to the next level on a global scale and identify opportunities that will fit the Company," States Craig Wallace. Modern Meat's Latest Move Could Lead To A Rapid Increase In Sales & Revenue Announces Initiatives to Expand Its Modern Wellness Bars, in Combination with Launching an E-commerce Initiative Headed by Mohsen Rahimi Yesterday, the Company announced its initiative to expand on its Modern Wellness Bar locations. The Company has completed the rebranding of its two recently acquired Victoria's Health locations. The Company has been pleased with its ongoing operation and will be looking at possible opportunities for acquisition or building more locations. "We are very pleased with the Modern Wellness Bars; we feel they look fantastic and truly represent the brand that we have built. The locations are expected to bring in consistent revenue and showcase the Modern Meat portfolio of vegan products. Having brick and mortar locations not only bring in sales, but also increases awareness of our company; a channel we are excited to explore." states Tara Haddad, CEO and Founder of the Company. The Company also announces that it has appointed Mohsen Rahimi to the Board of Directors and will hold the position of Head of Modern Wellness Bars division. Mr. Rahimi studied at UBC in the department of Land and Food Systems, formerly known as the department of Food, Nutrition and Health. He further has experience in commercial retail and international import and export holding positions at Kowsar Holdings and Tin95 Holdings, which are both private investment firms. Mr. Rahimi also holds vast retail knowledge, growing out existing health food chains to multiple locations and millions in gross revenue per annum, while simultaneously operating an active online e-commerce business. "Coming from retail, real estate, and finance experience, I'm very pleased to join the Company as a Director of the board and Head of the Modern Wellness Bars. With my past experience, I feel I am very qualified to identify strong locations and provide accurate valuations of other health stores which the Company is looking to potentially acquire. I expect to hit the ground running and am very excited about the Company's future." states Mohsen Rahimi. Protein ‘Shake-Up’ Could Push Faux Meat Market to $240 Billion The alternative meat market is poised to rise to $240 billion over the next two decades as new technologies gain ground and consumers change their diets, according to Jefferies. The great “protein shake-up” could see faux meat reach 9% share of the estimated $2.7 trillion global meat market by 2040, analyst Simon Powell forecasts, from less than 1% now. The size of the plant-based meat market has been one of the biggest debates in the food industry recently, with estimates ranging from between $10 billion and $40 billion to as high as $140 billion. Plant-based meats, like the one produced by Modern Meat Inc, are currently leading the category and could see major growth in the years ahead. Rising estimates for the faux-meat market are one way to justify the eye-popping valuations for its producers. Beyond Meat , for example, commands a valuation of $9.7 billion, or 110 times its 2018 sales. Its closely-held peer, Impossible Foods Inc. , is valued at $1.52 billion, with revenues estimated at $110m in 2018, according to data compiled by PrivCo. Modern Meat Inc. CSE: MEAT''s Chart Trending Bullish We've done our very own chart analysis and see the potential for a big move from here! The share structure also seems attractive to those looking for a ticker with tremendous upside potential! Building a position in Modern Meat right now, could be like buying Beyond Meat at its $25 IPO price! As you can see, their products are a hit with consumers, and they are expanding rapidly. This is a rare ground floor opportunity in a sector that is taking off like crazy. The upside potential is massive, and we suggest that you take a closer look at this juicy opportunity. By Viewing this Content, you Agree that you Have Read and are in Full Understanding of both our Disclaimer & Privacy Policy(*Remember to use a Stop-Loss Order to protect your gains, as well as limit possible losses.)
CSE:MEATLong
by DEXWireNews
1
(CSE: MEAT) Could Rally Hard Today Canada: (CSE: MEAT) USA: (OTC: SUVRF) Germany: (Frankfurt: L3OP) Alert Price: $3.76 Float: 13.02M Technical Analysis, The global pandemic has revealed startling flaws in global supply chains across a variety of industries, especially in the world of meat production. Earlier this year, the spread of the virus among workers at meat processing facilities ground production to a halt, leading to smaller supply and higher prices for meat products across the country. Thanks to these seismic shifts in the market, some analysts estimate that U.S. per capita meat consumption won't recover to pre-pandemic levels until 2026. This has given fake meat stocks – companies that focus on alternative, plant-based meat replacement products – a huge opportunity to not only capitalize on the investments they've made in artificial meats, but to invest even more resources into a meatless future. One company stands out from the rest, and it is Modern Meat Inc. (CSE: MEAT). About Modern Meat Modern Meat is an award winning Canadian food company based in Vancouver, British Columbia that offers a portfolio of plant-based meat products. Modern Meat recognizes the importance of providing consumers nutritious and sustainable meat alternatives without sacrificing taste. We are deliberate in choosing ingredients free of soy, gluten, nuts and GMO's. Their mission is to change the way food is produced and consumed for the benefit of people, animals and the environment by using only natural 100% plant-based ingredients. The Demand For Modern Meat's Products Is Massive New Facility is Operating at Full Capacity Since the acquisition of the new facility, the Company has worked to bring its operation up to full capacity. The company has successfully implemented a double shift mandate in order to keep up with demand. The Company has been successful in hiring new staff and providing successful training to improve its gross product production capacity. The facility is currently at maximum capacity of approximately 100,000lbs per annum of all Modern Meat products, and the Company is actively looking for other production facilities and partners to keep up with ongoing demand. "In order to secure larger accounts, it is key for us to be able to stockpile a certain level of inventory. We are extremely pleased to announce we are taking steps in the right direction. Being in the food industry for over 20 years, I've experienced how hard it can to build a team. Finding likeminded people who want to grow this business and facilitating this change to increase our production has been no small feat." states Kevin Lohnes, the Company's Production Manager. Modern Meat will be using the extra inventory to target new accounts and national distributors to further increase the outreach of its products. Additionally, Modern Meat will continue to look for added production from other facilities and possible partnerships in preparation for future growth. "Our production and kitchen staff have done an outstanding job implementing the double shift, but I feel it is just the tip of the iceberg as to where we will be going. I'm very excited about our new ventures and the direction of the Company. We will continue to aggressively look for expansion on the retail, production, and acquisition front." States Tara Haddad CEO and Founder of the Company. Modern Meat Sells Out 15 Weeks in a Row and Updates New Facility Status On October 9th, the Company announced that it has sold out of its products for 15 consecutive weeks to retailers and direct to consumer sales. The Company has been pleased with its initial launch of its line of Modern Burger, Crumble, Meatball, Crab Cake and sauces. Modern Meat is seeing demand for its product exceed its current production capacity which is leading to the continuous sell outs. As previously announced, Modern Meat is in process of expanding its production capacity (see press release of August 28, 2020). "We are pleased to announce that our sellout streak is continuing and there is an obvious demand for our products. Despite the interest in our products we are currently constrained by our production capacity and continuing the set-up of our new facility," stated Tara Haddad, Chief Executive Officer of the Company. "Adding new machinery, renovations, and staff is a gradual exciting process that our company is excited and pleased to take on. As the Company adjusts to the current facility, it is also seeking additional production expansion." In its most recent two weeks commencing September 28, 2020 the Company has sold 2,286 lbs of product in its eight current SKUS Modern Burger, Modern Crab Cakes, Modern Crumble, Modern Sliders, Modern Meatballs, Modern Tarragon Remoulade, Modern Burger Sauce and Modern Onion Relish. The Company continues to ramp-up its production capacity by adding new staff and machinery. Mrs. Haddad added: "Growing pains are typical in explosive growth industries and we feel that we are now in search of reaching higher goals of production than initially set out. When diversifying our portfolio of products from the initial outset we had to reduce the number of burger patties to accommodate production, and due to the sustained overall interest of other products in the portfolio, we will have to grow production across the board. These are very exciting times for the Company and we are looking aggressively to solve this new bottleneck and setup for further expansion." Modern Meat (CSE: MEAT) Soon To Be A Household Name In A Key Market Modern Meat Launches Vancouver Island Expansion Plan with Key Accounts and TV Marketing Campaign Modern Meat will be expanding its retail presence as well launching a Christmas marketing campaign on Vancouver Island for its line of 100% plant-based products including the Modern Burger, Crab Cakes, Crumble and Meatballs. "We are very excited to promote our company and products on Vancouver Island as I feel its residence and known geography is a prime retail market for our products. Vancouver Island is known for its beautiful landscapes and coastal forest combined with healthy clean living, a sentiment that our products represent." states CEO Tara Haddad. Modern Meat is currently working with 30 retailers on Vancouver Island and will soon be expanding this base which could eventually open an exciting new growth market for the Company. Modern Meat will also be creating a business segment which will run on CHEK TV, Vancouver Island's premier channel, throughout the Christmas season to promote its plant-based meat alternatives. Chek TV is currently airing in British Columbia and nationally with affiliated networks to approximately 6 million subscribers and 15 million viewers. The outreach is expected to create substantial awareness to both consumers and retail locations. "Vancouver Island is very near and dear to me as I was born and raised on the island. Knowing the island as well as I do, I feel it is the perfect match between people and product. People on the island have been looking for a healthy delicious meat alternative that is made with whole products and GMO free. By raising awareness to our product line on the island, I feel it will bring significant value and add sales to the company. We have just launched with one of the largest and oldest retail chains on the island, operating since 1982 with over 1000 employees and 13 locations, and are very excited to build around this cornerstone account." states Chief Corporate Officer Cassidy McCord. Modern Meat Is Expanding Rapidly Into U.S. and Australian Markets Modern Meat Announces US Distribution Co-Manufacturing Agreement for Up To $25 Million Last month the Company announced a co-packing agreement with Real Vision Foods, LLC ("Real Vision") of California. The Company has been seeking active growth opportunities in the United States to launch its portfolio of plant-based meat alternative products. Real Vision is a California based co-manufacturer with the capability of producing up to a wholesale value of $25 Million USD worth of total Modern Meat products per year through its facility. Its management team has over 100 years of experience working with companies such as at General Mills, Pepsi and Yum Restaurants. The principles have provided over 250 different SKU's to retail, mass merchandise & club store supply chain, with branded and private label applications in US and Canada. "This marks a major milestone for our company as it has been long been a goal to produce and sell our products in the US. We are incredibly excited to launch out of California with an early adopter of plant based vegan alternatives. We feel that by moving to an established team of co-manufacturing, our company is likely to see significant growth in our revenues." states Tara Haddad, Chief Executive Officer of the Company. "Modern Meat's growth has always been an issue of available production capacity. By moving to the USA, our company has taken a significant step in the right direction to access production capacity that should support significant growth. By partnering with a strong co- manufacturer, it will allow Modern Meat to leverage its brand and amazing products to get placement in as many west coast retailers as possible. While growing Modern Meat in the USA we will continue our mandate to look for high quality brands with distribution that fit our company principles." states Campbell Becher, Head of Finance and Mergers and Acquisitions for Modern Meat. Real VisIon Foods also already supports national distribution of other vegan products; specifically specializing in fermentation of (dairy analogue) and meat analogue products, being one of the few industrial scale co-packers exclusively serving plant based & gluten free products. "Real Vision is excited to support the growth of Modern Meat in its journey to offer white tablecloth - culinary level product quality to consumers throughout the world. The company recognizes the importance of offering quick to market product capabilities for emerging plant based only brands that reflect is its sustainability conscious value & aspirations, we look to move very quickly with our partnership as it is highly prioritized product and will hopefully be in production with Modern Meat within 90 days." states Joseph Ertman, President of Real Vision Foods, LLC. Production of Modern Meat products through Real Vision is expected to commence in Q1 2021. The actual amount of Modern Meat products produced by Real Vision will be based on demand for Modern Meat products in the United States through Modern Meat's retail and wholesale partners. Modern Meat expects the production by Real Vision will be a mix of its various products including its burger, crumble, meatballs, sauces and other products under development. Signs Letter of Intent to Expand Operations to Australia and Begin the Testing Phase for Producing Modern Meat Products Modern Meat has signed a letter of intent with SPQR HOLDINGS PTY LTD. (SPQR), a distributor and co-packer based in Adelaide, Australia to launch its portfolio of 100% plant-based meat alternative products. SPQR has an operational team with over 180 years of experience in Food Manufacturing, Sales, Marketing, and Business Development. Currently, the company produces ready meals, pasta and protein, cakes and pastries, gelati, coffee, sandwiches, salads, panini, and breads, which are already distributed to almost major supermarket retailers in Southern Australia including IGA, Foodland, Coles, and Woolworths. SPQR is a facility of approximately 21,000sq/ft with a full production staff. SPQR will be onboarding Modern Meat into its production facility as well as its distribution platform to likely increase its distribution to major national grocers. As Modern Meat's sales grow, SPQR may decide to retrofit their existing facility to accommodate production needs. Currently, the facility is certified with HACCP and in-house QC, and QA specialist to confirm product consistency. "Having grown up and worked in Australia early in my career and later at the Macquarie Group, I feel qualified to state that there is a significant growth opportunity in this market. I believe that there is a demand for quality plant-based products such as Modern Meat in the country and we look forward to filling that void. Working with SPQR, I feel we have the right team and expertise to ensure that Modern Meat is distributed across the country and begin our global launch program." States Craig Wallace, Head of Global Acquisitions for Modern Meat. "We have always had the vision that Modern Meat would become a global household name and with this launch to Australia we are one step closer. I'm incredibly pleased to have the expertise within the Company and great counterparts outside the Company to ensure a successful launch in Australia. These upcoming months for the Company are very exciting as we will continue our growth pattern with our own inhouse products while looking for acquisitions that fit our model." States Tara Haddad, CEO and Founder of Modern Meat. Taking Canadian Retail By Storm Modern Meat Continues Its Growth Through the Acquisition of Retail Locations Modern Meat (CSE: MEAT) as signed a term sheet to acquire 1257189 BC Ltd. (the "Vendor"), which owns two of three Victoria's Health & Organic Bar Retail locations, both located in Vancouver, BC. Victoria's Health & Organic Bar has been in business for 18 years and has gathered a significant following in the Health and "Good for You" Community. Last year's gross sales from all locations, including the third store in North Vancouver, BC, totaled approximately $4.3 million, focusing only on Health-related products. Modern Meat intends to renovate and rebrand the acquired stores under the brand "Modern Health and Wellness Bar." Stores will be converted to focus solely on vegan products and supplements, in addition to a significant increase in food services serving premade meals and expansive to-go vegan menu. "The acquisition of Victoria's is an opportunity that allows Modern Meat to build itself as a leader in the health and nutrition market. Adding our own retail locations to the fold is yet another milestone for the company," states Tara Haddad, CEO of Modern Meat. "We are thrilled to acquire such an established brand and Company with a great reputation in the Health and "Good for You" Community. We will adapt the core principles that drove Victoria's success and implement Modern Meat's plant-based lifestyle values through Modern Health and Wellness Bar. We feel there is a huge gap in the plant-based health and supplement space and establishing retail locations which focus on the health and wellness lifestyle-oriented consumer aligns very well with our products." "Modern Meat is more than a product, it is a lifestyle and culture," explains Campbell Becher, Director and Head of Finance and M&A for Modern Meat. "Our effort to establish our brand continues to gain momentum through this acquisition. Our goal is to build the Modern Meat lifestyle brand through awareness, expansion, and by developing long standing community and consumer relations. We expect the Modern Health and Wellness Bar channel to be a strong contributor toward our growth. We continue to explore opportunities that fit with our core principles and will help build our company brand, distribution, and revenue." Modern Meat Doubles Retail Presence to over 50 Locations In mid-August, the Company announced that since going public on June 30, 2020 it has expanded its reach significantly in British Columbia, by over doubling its retail presence and now being available in over 50 locations. "I am very proud of our team and pleased with the work they have accomplished to get us to this point," said Tara Haddad, CEO of Modern Meat. "As demand for our plant-based meat alternatives continues to grow we intend to pursue expansion plans through accretive acquisitions in the sector and by developing our distribution channel nationally through major retail chains, specifically in Ontario. We also plan to invest in a new kitchen facility this quarter to give us additional production capacity to meet the considerable increase in market demand." Modern Meat Finds The Perfect Match To Spearhead Global Expansion Modern Meat Annnounces Ex Maquarie Managing Director Craig Wallace as Head of Global Acquisitions and Member of the Advisory Board Last month the Company appointed Craig Wallace to the advisory board and as head of global acquisitions, to lead the Company's expansion outside of North America. Mr. Wallace's has led the establishment of Private Capital Funds and capital formation globally. Mr. Wallace has over 30 years of capital markets experience, having held senior positions in advisory firms, Investment Banks and Private Equity Companies, including, Clarion Capital (managing director), the Macquarie Group (managing director), MGPA (Managing Director & global head of capital markets) and Spearhead Capital Partners (CEO). "Craig brings deep global capital markets and business development experience from his decades in private and public capital markets, specifically in the areas of Investment Banking, Private Equity, and Private Placements. He has built material value and growth to the businesses that he has advised, represented, and led, through his long-distinguished career, with successful experience in the private & public equity markets. To have someone of his caliber join our team speaks volumes in the direction that Modern Meat is going, to not only become a household name in North America but around the world," states Campbell Becher, Head of Finance and Mergers and Acquisitions for Modern Meat. Mr. Wallace has spearheaded transactions totalling in excess of USD8 billion and has extensive relationships with global institutional capital and CEOs of leading public and private companies globally. He has also sat on numerous investee-company boards and global Investment & Credit Committees in which he has overseen in excess of USD20 billion in approved transactions. He led MGPA's FUM growth, taking it from USD600 million to USD6 billion (equity) in a period of three years. Craig is a qualified Chartered Surveyor, under the Finance & Investment Pathway, and a Member of the Royal Institute of Chartered Surveyors. "I'm very pleased to add Craig to our team. He has had an extremely distinguished career in finance and we are proud to say he shares the same vision with Modern Meat. Together we believe we are on the horizon of significant growths" states Tara Haddad, CEO of the Company. "I have been a believer in the vegan sector for quite some time and have been looking for the right company to align with, Modern Meat ticks all the boxes. The Company has incredible products and an unbelievable management team whose principals and growth plan match with my beliefs. Coming on board I look to take Modern Meat to the next level on a global scale and identify opportunities that will fit the Company," States Craig Wallace. Modern Meat's Latest Move Could Lead To A Rapid Increase In Sales & Revenue Announces Initiatives to Expand Its Modern Wellness Bars, in Combination with Launching an E-commerce Initiative Headed by Mohsen Rahimi Yesterday, the Company announced its initiative to expand on its Modern Wellness Bar locations. The Company has completed the rebranding of its two recently acquired Victoria's Health locations. The Company has been pleased with its ongoing operation and will be looking at possible opportunities for acquisition or building more locations. "We are very pleased with the Modern Wellness Bars; we feel they look fantastic and truly represent the brand that we have built. The locations are expected to bring in consistent revenue and showcase the Modern Meat portfolio of vegan products. Having brick and mortar locations not only bring in sales, but also increases awareness of our company; a channel we are excited to explore." states Tara Haddad, CEO and Founder of the Company. The Company also announces that it has appointed Mohsen Rahimi to the Board of Directors and will hold the position of Head of Modern Wellness Bars division. Mr. Rahimi studied at UBC in the department of Land and Food Systems, formerly known as the department of Food, Nutrition and Health. He further has experience in commercial retail and international import and export holding positions at Kowsar Holdings and Tin95 Holdings, which are both private investment firms. Mr. Rahimi also holds vast retail knowledge, growing out existing health food chains to multiple locations and millions in gross revenue per annum, while simultaneously operating an active online e-commerce business. "Coming from retail, real estate, and finance experience, I'm very pleased to join the Company as a Director of the board and Head of the Modern Wellness Bars. With my past experience, I feel I am very qualified to identify strong locations and provide accurate valuations of other health stores which the Company is looking to potentially acquire. I expect to hit the ground running and am very excited about the Company's future." states Mohsen Rahimi. Protein ‘Shake-Up’ Could Push Faux Meat Market to $240 Billion The alternative meat market is poised to rise to $240 billion over the next two decades as new technologies gain ground and consumers change their diets, according to Jefferies. The great “protein shake-up” could see faux meat reach 9% share of the estimated $2.7 trillion global meat market by 2040, analyst Simon Powell forecasts, from less than 1% now. The size of the plant-based meat market has been one of the biggest debates in the food industry recently, with estimates ranging from between $10 billion and $40 billion to as high as $140 billion. Plant-based meats, like the one produced by Modern Meat Inc, are currently leading the category and could see major growth in the years ahead. Rising estimates for the faux-meat market are one way to justify the eye-popping valuations for its producers. Beyond Meat, for example, commands a valuation of $9.7 billion, or 110 times its 2018 sales. Its closely-held peer, Impossible Foods Inc., is valued at $1.52 billion, with revenues estimated at $110m in 2018, according to data compiled by PrivCo. Modern Meat Inc. CSE: MEAT''s Chart Trending Bullish We've done our very own chart analysis and see the potential for a big move from here! The share structure also seems attractive to those looking for a ticker with tremendous upside potential! Bullish Indicators: Perfect retrace to a multiple support levels. Point of control(redline) Fib channel support 21 moving average Bullish accumulation volume low on down days Strong up trending RSI Bullish above zero-line The Bottom Line Building a position in Modern Meat right now, could be like buying Beyond Meat at its $25 IPO price! As you can see, their products are a hit with consumers, and they are expanding rapidly. This is a rare ground floor opportunity in a sector that is taking off like crazy. The upside potential is massive, and we suggest that you take a closer look at this juicy opportunity. By Viewing this Content, you Agree that you Have Read and are in Full Understanding of both our Disclaimer & Privacy Policy(*Remember to use a Stop-Loss Order to protect your gains, as well as limit possible losses.)
CSE:MEATLong
by RedHotStocks
3
Modern meat on watchlist for a buying opportunity As you can see, it had price rejection at the top red line from previous ceilings. MACD showing a reversal and there is some selling/profit taking going on. This appears to be very compliant with a MACD strategy, I am waiting for a dip, a reversal and MACD confirmation to go long on swing trade. I do not personally short stocks, could be an opportunity to short although market conditions are bullish atm. I should mention that so far this stock appears to reverse to new buying opportunities anywhere from 3-9 days.
CSE:MEAT
by tsx_trader
1
Canada's Modern Meat offers Beyond Meat Growth PotentialModern Meat Inc. (MEAT. CN ) Canadian Securities Exchange: (MEAT) Alert Price: $2.69 Float: 13.02M Please turn your immediate attention to Modern Meat Inc. (MEAT. CN ). Modern Meat (CSE: MEAT) Could Be The Beyond Meat (NASDAQ: BYND ) Of Canada In May last year, California-based vegan food tech famous for its meatless burgers and sausages, became the first plant-based company to list IPO on the NYSE under the ticker symbol BYND , marking a watershed moment for the plant-based world. Now, another vegan company has gone public, a true indicator that the fast-growing sector that had long been overlooked as a marginal trend is unstoppable at a global scale. Another Canadian vegan startup commenced public trading on July 1, making them the latest plant-based publicly traded company. Modern Meat, a women-led vegan food tech, is listed on the CSE under the ticker MEAT. Vancouver-based Modern Meat was founded in 2019 by Tara Haddad, and offers vegan meat substitutes such as burgers, meat crumbles, crab cakes and meatballs featuring clean non-GMO whole food ingredients such as pea protein, chickpea flour, mushrooms and brown rice. It also has a line of plant-based sauces and dips, and is sold across a number of grocery stores in 7 different cities in Canada as well as on e-commerce sites. In a video announcement, CEO Tara Haddad said that its public launch comes as the plant-based market is experiencing explosive growth. “With this increase in demand and the plant-based market growing so quickly, we have implemented an aggressive distribution strategy to expand to the US as well as eastern Canada so we will require this additional capital to fulfill our strategy.” “In the coming months we are focusing on production and distribution and we are hoping to ten times production to keep up with demand,” added Haddad. Beyond Mea now has its products available for purchase at dozens of major American fast-food chains and grocery stores across the country. Its products, which are designed to imitate chicken, beef and pork, have become a popular choice for those who aim to avoid eating meat. Since going public in May 2019, Beyond Meat has partnered with Subway, KFC, Del Taco, Dunkin’ Brands and more. And its shareholders have seen massive returns. If you invested $1,000 in Beyond Meat at IPO , that investment would be worth nearly $5,360 as of today, for a total return of around 436%! You now have the opportunity to build a position in what could be the Beyond Meat of Canada at just $2.90 a share. Modern Meat Inc. (CSE: MEAT) is a rare ground floor opportunity in a sector that is taking off like crazy. The upside potential is massive, and we suggest that you take a closer look at this juicy opportunity listed on the CSE. About Modern Meat Modern Meat is an award winning Canadian food company based in Vancouver, British Columbia that offers a portfolio of plant-based meat products. Modern Meat recognizes the importance of providing consumers nutritious and sustainable meat alternatives without sacrificing taste. We are deliberate in choosing ingredients free of soy, gluten, nuts and GMO's. Their mission is to change the way food is produced and consumed for the benefit of people, animals and the environment by using only natural 100% plant-based ingredients. The Demand For Modern Meat's Products Is Massive Sells Out of Product 12 Consecutive Weeks and Continues to Move into New Production Facility The Company has sold out of its products and has been at maximum capacity for 12 consecutive weeks to retailers and direct to consumer sales. The Company has been pleased with its initial launch of its line of Modern Burger, Crumble, Meatball, 'Crab' Cake and sauces. "We are pleased by the overall reception of our product and recognize that there still is a significant gap in the market for nutritious and satisfying meat alternatives that do not contain soy, gluten, nuts, or GMO's. In the coming months, we will be rolling out new innovative sales techniques and be introducing our product to further vendors." states Loree Khan, Head of Canadian Sales and Distribution for the Company. Modern Meat has also begun renovation of the new production facility with equipment purchases and interior renovations to fit Modern Meat's specific needs. The Company expects to quadruple its output post renovations and be able to support future development of its plant-based products. "Since moving to the facility we have quickly begun customization of the kitchen space bringing in trades, contractors, and new equipment. When complete, we not only expect to expand our production capabilities, we will also be expanding our reach to new consumers," states Tara Haddad, CEO of the Company. Prior to that, the Company "Sold-Out" of its online "ONE DAY" flash sale that allowed existing customers to order products pre-sale in an effort to introduce its line of plant-based meat alternatives to a broad audience including consumers, shareholders, and subsequent vendors. Modern Meat launched the flash sale to its e-commerce store, social media channels and newsletter subscribers. The product sell-out was over and above the Company's current retail standing orders and based on remaining production capacity numbers. "We are extremely pleased by the results of our flash sale and it further supports our belief that there is a gap in the market for nutritious meat alternatives," states Tara Haddad, CEO of Modern Meat. "For a company that is just over a year old, understandably most of this past year has been focused on market research, R&D and product development. Our retail sales have only started in the month of May and we have already found the demand is exceeding our expectations. We are confident that we will capture market share by striving to be a leader in producing a truly healthy 100% plant-based alternative to traditional protein sources that not only tastes fantastic, but is free of soy, gluten, nuts and GMOs." Taking Canadian Retail By Storm Modern Meat Continues Its Growth Through the Acquisition of Retail Locations Modern Meat (CSE: MEAT) as signed a term sheet to acquire 1257189 BC Ltd. (the "Vendor"), which owns two of three Victoria's Health & Organic Bar Retail locations, both located in Vancouver, BC . Victoria's Health & Organic Bar has been in business for 18 years and has gathered a significant following in the Health and "Good for You" Community. Last year's gross sales from all locations, including the third store in North Vancouver, BC , totaled approximately $4.3 million, focusing only on Health-related products. Modern Meat intends to renovate and rebrand the acquired stores under the brand "Modern Health and Wellness Bar." Stores will be converted to focus solely on vegan products and supplements, in addition to a significant increase in food services serving premade meals and expansive to-go vegan menu. "The acquisition of Victoria's is an opportunity that allows Modern Meat to build itself as a leader in the health and nutrition market. Adding our own retail locations to the fold is yet another milestone for the company," states Tara Haddad, CEO of Modern Meat. "We are thrilled to acquire such an established brand and Company with a great reputation in the Health and "Good for You" Community. We will adapt the core principles that drove Victoria's success and implement Modern Meat's plant-based lifestyle values through Modern Health and Wellness Bar. We feel there is a huge gap in the plant-based health and supplement space and establishing retail locations which focus on the health and wellness lifestyle-oriented consumer aligns very well with our products." "Modern Meat is more than a product, it is a lifestyle and culture," explains Campbell Becher, Director and Head of Finance and M&A for Modern Meat. "Our effort to establish our brand continues to gain momentum through this acquisition. Our goal is to build the Modern Meat lifestyle brand through awareness, expansion, and by developing long standing community and consumer relations. We expect the Modern Health and Wellness Bar channel to be a strong contributor toward our growth. We continue to explore opportunities that fit with our core principles and will help build our company brand, distribution, and revenue." Modern Meat Doubles Retail Presence to over 50 Locations In mid-August, the Company announced that since going public on June 30, 2020 it has expanded its reach significantly in British Columbia, by over doubling its retail presence and now being available in over 50 locations. "I am very proud of our team and pleased with the work they have accomplished to get us to this point," said Tara Haddad, CEO of Modern Meat. "As demand for our plant-based meat alternatives continues to grow we intend to pursue expansion plans through accretive acquisitions in the sector and by developing our distribution channel nationally through major retail chains, specifically in Ontario. We also plan to invest in a new kitchen facility this quarter to give us additional production capacity to meet the considerable increase in market demand." Modern Meat Products Now Being Sold In Canada's 5th Largest Grocery Retailer Modern Meat Inc. (CSE: MEAT) products are now available in the frozen meat section and food service division of the popular Urban Fare grocery stores. Urban Fare is a subsidiary of the Overwaitea Food Group ( OFG ) which operates more than 160 stores under the banners of Save-On-Foods, Owerwaitea Foods , Urban Fare, PriceSmart Foods , PriceSmart Foods International and Bulkley Valley Wholesale. OFG is owned by the Vancouver-based Jim Pattison Group. Urban Fare has six locations, four located in downtown Vancouver and one each in Calgary and Kelowna. Urban Fare will be offering all Modern Meat products specifically; Modern Meat Burgers, Crumble, 'Crab' Cakes and Meatballs. "As a local company, we are excited to partner with such a reputable and well-known food purveyor like Urban Fare. Having our products placed in the meat aisle as well as the hot cafeteria will give our company great exposure since most Urban Fare markets are strategically located in dense urban centers and feed many residents of high-rise condos and office towers," states Tara Haddad, CEO of Modern Meat. "As consumer preferences shift towards alternative proteins it is encouraging to see that retailers are including more nutritious plant-based options on their shelves." "We are thrilled to announce a new retail partnership with Urban Fare," said Cassidy McCord, Director of Sales. "Offering our products in this premiere retail chain provides a gateway for Modern Meat and a stamp of approval into the OFG verticals of over 160 stores. Obtaining shelf space in other OFG stores is a goal we will be focusing heavily on in the coming months." OFG is the largest chain headquartered in BC and the fifth largest food retailer by grocery sales value in Canada.* Protein ‘Shake-Up’ Could Push Faux Meat Market to $240 Billion The alternative meat market is poised to rise to $240 billion over the next two decades as new technologies gain ground and consumers change their diets, according to Jefferies. The great “protein shake-up” could see faux meat reach 9% share of the estimated $2.7 trillion global meat market by 2040, analyst Simon Powell forecasts, from less than 1% now. The size of the plant-based meat market has been one of the biggest debates in the food industry recently, with estimates ranging from between $10 billion and $40 billion to as high as $140 billion. Plant-based meats, like the one produced by Modern Meat Inc. (CSE: MEAT), are currently leading the category and could see major growth in the years ahead. Rising estimates for the faux-meat market are one way to justify the eye-popping valuations for its producers. Beyond Meat , for example, commands a valuation of $9.7 billion, or 110 times its 2018 sales. Its closely-held peer, Impossible Foods Inc., is valued at $1.52 billion, with revenues estimated at $110m in 2018, according to data compiled by PrivCo. Modern Meat Inc. CSE: MEAT''s Chart Trending Bullish We've done our very own chart analysis and see the potential for a big move from here! The share structure also seems attractive to those looking for a ticker with tremendous upside potential! Building a position in Modern Meat Inc. (CSE: MEAT) right now, could be like buying Beyond Meat at its $25 IPO price! As you can see, their products are a hit with consumers, and they are expanding rapidly. Modern Meat is operating in a sector that is still in its infancy, and by cementing themselves as a major player already the upside potential is just too attractive to ignore.By Viewing this Content, you Agree that you Have Read and are in Full Understanding of both our Disclaimer & Privacy Policy(*Remember to use a Stop-Loss Order to protect your gains, as well as limit possible losses.) Best regards,
CSE:MEATLong
by DEXWireNews
2
MEAT.cn Modern Meat looks primed to Be The Beyond Meat of CanadaModern Meat Inc. (MEAT. CN ) Canadian Securities Exchange: (MEAT) Alert Price: $2.69 Float: 13.02M Please turn your immediate attention to Modern Meat Inc. (MEAT. CN ). Modern Meat (CSE: MEAT) Could Be The Beyond Meat (NASDAQ: BYND ) Of Canada In May last year, California-based vegan food tech famous for its meatless burgers and sausages, became the first plant-based company to list IPO on the NYSE under the ticker symbol BYND , marking a watershed moment for the plant-based world. Now, another vegan company has gone public, a true indicator that the fast-growing sector that had long been overlooked as a marginal trend is unstoppable at a global scale. Another Canadian vegan startup commenced public trading on July 1, making them the latest plant-based publicly traded company. Modern Meat, a women-led vegan food tech, is listed on the CSE under the ticker MEAT. Vancouver-based Modern Meat was founded in 2019 by Tara Haddad, and offers vegan meat substitutes such as burgers, meat crumbles, crab cakes and meatballs featuring clean non-GMO whole food ingredients such as pea protein, chickpea flour, mushrooms and brown rice. It also has a line of plant-based sauces and dips, and is sold across a number of grocery stores in 7 different cities in Canada as well as on e-commerce sites. In a video announcement, CEO Tara Haddad said that its public launch comes as the plant-based market is experiencing explosive growth. “With this increase in demand and the plant-based market growing so quickly, we have implemented an aggressive distribution strategy to expand to the US as well as eastern Canada so we will require this additional capital to fulfill our strategy.” “In the coming months we are focusing on production and distribution and we are hoping to ten times production to keep up with demand,” added Haddad. Beyond Mea now has its products available for purchase at dozens of major American fast-food chains and grocery stores across the country. Its products, which are designed to imitate chicken, beef and pork, have become a popular choice for those who aim to avoid eating meat. Since going public in May 2019, Beyond Meat has partnered with Subway, KFC, Del Taco, Dunkin’ Brands and more. And its shareholders have seen massive returns. If you invested $1,000 in Beyond Meat at IPO , that investment would be worth nearly $5,360 as of today, for a total return of around 436%! You now have the opportunity to build a position in what could be the Beyond Meat of Canada at just $2.90 a share. Modern Meat Inc. (CSE: MEAT) is a rare ground floor opportunity in a sector that is taking off like crazy. The upside potential is massive, and we suggest that you take a closer look at this juicy opportunity listed on the CSE. About Modern Meat Modern Meat is an award winning Canadian food company based in Vancouver, British Columbia that offers a portfolio of plant-based meat products. Modern Meat recognizes the importance of providing consumers nutritious and sustainable meat alternatives without sacrificing taste. We are deliberate in choosing ingredients free of soy, gluten, nuts and GMO's. Their mission is to change the way food is produced and consumed for the benefit of people, animals and the environment by using only natural 100% plant-based ingredients. The Demand For Modern Meat's Products Is Massive Sells Out of Product 12 Consecutive Weeks and Continues to Move into New Production Facility The Company has sold out of its products and has been at maximum capacity for 12 consecutive weeks to retailers and direct to consumer sales. The Company has been pleased with its initial launch of its line of Modern Burger, Crumble, Meatball, 'Crab' Cake and sauces. "We are pleased by the overall reception of our product and recognize that there still is a significant gap in the market for nutritious and satisfying meat alternatives that do not contain soy, gluten, nuts, or GMO's. In the coming months, we will be rolling out new innovative sales techniques and be introducing our product to further vendors." states Loree Khan, Head of Canadian Sales and Distribution for the Company. Modern Meat has also begun renovation of the new production facility with equipment purchases and interior renovations to fit Modern Meat's specific needs. The Company expects to quadruple its output post renovations and be able to support future development of its plant-based products. "Since moving to the facility we have quickly begun customization of the kitchen space bringing in trades, contractors, and new equipment. When complete, we not only expect to expand our production capabilities, we will also be expanding our reach to new consumers," states Tara Haddad, CEO of the Company. Prior to that, the Company "Sold-Out" of its online "ONE DAY" flash sale that allowed existing customers to order products pre-sale in an effort to introduce its line of plant-based meat alternatives to a broad audience including consumers, shareholders, and subsequent vendors. Modern Meat launched the flash sale to its e-commerce store, social media channels and newsletter subscribers. The product sell-out was over and above the Company's current retail standing orders and based on remaining production capacity numbers. "We are extremely pleased by the results of our flash sale and it further supports our belief that there is a gap in the market for nutritious meat alternatives," states Tara Haddad, CEO of Modern Meat. "For a company that is just over a year old, understandably most of this past year has been focused on market research, R&D and product development. Our retail sales have only started in the month of May and we have already found the demand is exceeding our expectations. We are confident that we will capture market share by striving to be a leader in producing a truly healthy 100% plant-based alternative to traditional protein sources that not only tastes fantastic, but is free of soy, gluten, nuts and GMOs." Taking Canadian Retail By Storm Modern Meat Continues Its Growth Through the Acquisition of Retail Locations Modern Meat (CSE: MEAT) as signed a term sheet to acquire 1257189 BC Ltd. (the "Vendor"), which owns two of three Victoria's Health & Organic Bar Retail locations, both located in Vancouver, BC . Victoria's Health & Organic Bar has been in business for 18 years and has gathered a significant following in the Health and "Good for You" Community. Last year's gross sales from all locations, including the third store in North Vancouver, BC , totaled approximately $4.3 million, focusing only on Health-related products. Modern Meat intends to renovate and rebrand the acquired stores under the brand "Modern Health and Wellness Bar." Stores will be converted to focus solely on vegan products and supplements, in addition to a significant increase in food services serving premade meals and expansive to-go vegan menu. "The acquisition of Victoria's is an opportunity that allows Modern Meat to build itself as a leader in the health and nutrition market. Adding our own retail locations to the fold is yet another milestone for the company," states Tara Haddad, CEO of Modern Meat. "We are thrilled to acquire such an established brand and Company with a great reputation in the Health and "Good for You" Community. We will adapt the core principles that drove Victoria's success and implement Modern Meat's plant-based lifestyle values through Modern Health and Wellness Bar. We feel there is a huge gap in the plant-based health and supplement space and establishing retail locations which focus on the health and wellness lifestyle-oriented consumer aligns very well with our products." "Modern Meat is more than a product, it is a lifestyle and culture," explains Campbell Becher, Director and Head of Finance and M&A for Modern Meat. "Our effort to establish our brand continues to gain momentum through this acquisition. Our goal is to build the Modern Meat lifestyle brand through awareness, expansion, and by developing long standing community and consumer relations. We expect the Modern Health and Wellness Bar channel to be a strong contributor toward our growth. We continue to explore opportunities that fit with our core principles and will help build our company brand, distribution, and revenue." Modern Meat Doubles Retail Presence to over 50 Locations In mid-August, the Company announced that since going public on June 30, 2020 it has expanded its reach significantly in British Columbia, by over doubling its retail presence and now being available in over 50 locations. "I am very proud of our team and pleased with the work they have accomplished to get us to this point," said Tara Haddad, CEO of Modern Meat. "As demand for our plant-based meat alternatives continues to grow we intend to pursue expansion plans through accretive acquisitions in the sector and by developing our distribution channel nationally through major retail chains, specifically in Ontario. We also plan to invest in a new kitchen facility this quarter to give us additional production capacity to meet the considerable increase in market demand." Modern Meat Products Now Being Sold In Canada's 5th Largest Grocery Retailer Modern Meat Inc. (CSE: MEAT) products are now available in the frozen meat section and food service division of the popular Urban Fare grocery stores. Urban Fare is a subsidiary of the Overwaitea Food Group ( OFG ) which operates more than 160 stores under the banners of Save-On-Foods, Owerwaitea Foods , Urban Fare, PriceSmart Foods , PriceSmart Foods International and Bulkley Valley Wholesale. OFG is owned by the Vancouver-based Jim Pattison Group. Urban Fare has six locations, four located in downtown Vancouver and one each in Calgary and Kelowna. Urban Fare will be offering all Modern Meat products specifically; Modern Meat Burgers, Crumble, 'Crab' Cakes and Meatballs. "As a local company, we are excited to partner with such a reputable and well-known food purveyor like Urban Fare. Having our products placed in the meat aisle as well as the hot cafeteria will give our company great exposure since most Urban Fare markets are strategically located in dense urban centers and feed many residents of high-rise condos and office towers," states Tara Haddad, CEO of Modern Meat. "As consumer preferences shift towards alternative proteins it is encouraging to see that retailers are including more nutritious plant-based options on their shelves." "We are thrilled to announce a new retail partnership with Urban Fare," said Cassidy McCord, Director of Sales. "Offering our products in this premiere retail chain provides a gateway for Modern Meat and a stamp of approval into the OFG verticals of over 160 stores. Obtaining shelf space in other OFG stores is a goal we will be focusing heavily on in the coming months." OFG is the largest chain headquartered in BC and the fifth largest food retailer by grocery sales value in Canada.* Protein ‘Shake-Up’ Could Push Faux Meat Market to $240 Billion The alternative meat market is poised to rise to $240 billion over the next two decades as new technologies gain ground and consumers change their diets, according to Jefferies. The great “protein shake-up” could see faux meat reach 9% share of the estimated $2.7 trillion global meat market by 2040, analyst Simon Powell forecasts, from less than 1% now. The size of the plant-based meat market has been one of the biggest debates in the food industry recently, with estimates ranging from between $10 billion and $40 billion to as high as $140 billion. Plant-based meats, like the one produced by Modern Meat Inc. (CSE: MEAT), are currently leading the category and could see major growth in the years ahead. Rising estimates for the faux-meat market are one way to justify the eye-popping valuations for its producers. Beyond Meat , for example, commands a valuation of $9.7 billion, or 110 times its 2018 sales. Its closely-held peer, Impossible Foods Inc., is valued at $1.52 billion, with revenues estimated at $110m in 2018, according to data compiled by PrivCo. Modern Meat Inc. CSE: MEAT''s Chart Trending Bullish We've done our very own chart analysis and see the potential for a big move from here! The share structure also seems attractive to those looking for a ticker with tremendous upside potential! Building a position in Modern Meat Inc. (CSE: MEAT) right now, could be like buying Beyond Meat at its $25 IPO price! As you can see, their products are a hit with consumers, and they are expanding rapidly. Modern Meat is operating in a sector that is still in its infancy, and by cementing themselves as a major player already the upside potential is just too attractive to ignore.By Viewing this Content, you Agree that you Have Read and are in Full Understanding of both our Disclaimer & Privacy Policy(*Remember to use a Stop-Loss Order to protect your gains, as well as limit possible losses.) Best regards,
CSE:MEATLong
by RedHotStocks
3
Modern Meat Inc. (CSE: MEAT) Could Be The Beyond Meat of CanadaModern Meat Inc. (MEAT.CN) Canadian Securities Exchange: (MEAT) Alert Price: $2.90 Float: 13.02M We are coming off another profitable week of trading. Last Tuesday's alert delivered over +110% in realistic profit, and we are looking to kickoff this week with some easy triple-digit profits Our latest trade idea takes us north of the border to Canada, and is listed on the Canadian Securities Exchange. Please turn your immediate attention to Modern Meat Inc. (MEAT.CN). Modern Meat (CSE: MEAT) Could Be The Beyond Meat (NASDAQ: BYND) Of Canada In May last year, California-based vegan food tech famous for its meatless burgers and sausages, became the first plant-based company to list IPO on the NYSE under the ticker symbol BYND, marking a watershed moment for the plant-based world. Now, another vegan company has gone public, a true indicator that the fast-growing sector that had long been overlooked as a marginal trend is unstoppable at a global scale. Another Canadian vegan startup commenced public trading on July 1, making them the latest plant-based publicly traded company. Modern Meat, a women-led vegan food tech, is listed on the CSE under the ticker MEAT. Vancouver-based Modern Meat was founded in 2019 by Tara Haddad, and offers vegan meat substitutes such as burgers, meat crumbles, crab cakes and meatballs featuring clean non-GMO whole food ingredients such as pea protein, chickpea flour, mushrooms and brown rice. It also has a line of plant-based sauces and dips, and is sold across a number of grocery stores in 7 different cities in Canada as well as on e-commerce sites. In a video announcement, CEO Tara Haddad said that its public launch comes as the plant-based market is experiencing explosive growth. “With this increase in demand and the plant-based market growing so quickly, we have implemented an aggressive distribution strategy to expand to the US as well as eastern Canada so we will require this additional capital to fulfill our strategy.” “In the coming months we are focusing on production and distribution and we are hoping to ten times production to keep up with demand,” added Haddad. Beyond Mea now has its products available for purchase at dozens of major American fast-food chains and grocery stores across the country. Its products, which are designed to imitate chicken, beef and pork, have become a popular choice for those who aim to avoid eating meat. Since going public in May 2019, Beyond Meat has partnered with Subway, KFC, Del Taco, Dunkin’ Brands and more. And its shareholders have seen massive returns. If you invested $1,000 in Beyond Meat at IPO, that investment would be worth nearly $5,360 as of today, for a total return of around 436%! You now have the opportunity to build a position in what could be the Beyond Meat of Canada at just $2.90 a share. Modern Meat Inc. (CSE: MEAT) is a rare ground floor opportunity in a sector that is taking off like crazy. The upside potential is massive, and we suggest that you take a closer look at this juicy opportunity listed on the CSE. About Modern Meat Modern Meat is an award winning Canadian food company based in Vancouver, British Columbia that offers a portfolio of plant-based meat products. Modern Meat recognizes the importance of providing consumers nutritious and sustainable meat alternatives without sacrificing taste. We are deliberate in choosing ingredients free of soy, gluten, nuts and GMO's. Their mission is to change the way food is produced and consumed for the benefit of people, animals and the environment by using only natural 100% plant-based ingredients. The Demand For Modern Meat's Products Is Massive Sells Out of Product 12 Consecutive Weeks and Continues to Move into New Production Facility The Company has sold out of its products and has been at maximum capacity for 12 consecutive weeks to retailers and direct to consumer sales. The Company has been pleased with its initial launch of its line of Modern Burger, Crumble, Meatball, 'Crab' Cake and sauces. "We are pleased by the overall reception of our product and recognize that there still is a significant gap in the market for nutritious and satisfying meat alternatives that do not contain soy, gluten, nuts, or GMO's. In the coming months, we will be rolling out new innovative sales techniques and be introducing our product to further vendors." states Loree Khan, Head of Canadian Sales and Distribution for the Company. Modern Meat has also begun renovation of the new production facility with equipment purchases and interior renovations to fit Modern Meat's specific needs. The Company expects to quadruple its output post renovations and be able to support future development of its plant-based products. "Since moving to the facility we have quickly begun customization of the kitchen space bringing in trades, contractors, and new equipment. When complete, we not only expect to expand our production capabilities, we will also be expanding our reach to new consumers," states Tara Haddad, CEO of the Company. Prior to that, the Company "Sold-Out" of its online "ONE DAY" flash sale that allowed existing customers to order products pre-sale in an effort to introduce its line of plant-based meat alternatives to a broad audience including consumers, shareholders, and subsequent vendors. Modern Meat launched the flash sale to its e-commerce store, social media channels and newsletter subscribers. The product sell-out was over and above the Company's current retail standing orders and based on remaining production capacity numbers. "We are extremely pleased by the results of our flash sale and it further supports our belief that there is a gap in the market for nutritious meat alternatives," states Tara Haddad, CEO of Modern Meat. "For a company that is just over a year old, understandably most of this past year has been focused on market research, R&D and product development. Our retail sales have only started in the month of May and we have already found the demand is exceeding our expectations. We are confident that we will capture market share by striving to be a leader in producing a truly healthy 100% plant-based alternative to traditional protein sources that not only tastes fantastic, but is free of soy, gluten, nuts and GMOs." Taking Canadian Retail By Storm Modern Meat Continues Its Growth Through the Acquisition of Retail Locations Modern Meat (CSE: MEAT) as signed a term sheet to acquire 1257189 BC Ltd. (the "Vendor"), which owns two of three Victoria's Health & Organic Bar Retail locations, both located in Vancouver, BC. Victoria's Health & Organic Bar has been in business for 18 years and has gathered a significant following in the Health and "Good for You" Community. Last year's gross sales from all locations, including the third store in North Vancouver, BC, totaled approximately $4.3 million, focusing only on Health-related products. Modern Meat intends to renovate and rebrand the acquired stores under the brand "Modern Health and Wellness Bar." Stores will be converted to focus solely on vegan products and supplements, in addition to a significant increase in food services serving premade meals and expansive to-go vegan menu. "The acquisition of Victoria's is an opportunity that allows Modern Meat to build itself as a leader in the health and nutrition market. Adding our own retail locations to the fold is yet another milestone for the company," states Tara Haddad, CEO of Modern Meat. "We are thrilled to acquire such an established brand and Company with a great reputation in the Health and "Good for You" Community. We will adapt the core principles that drove Victoria's success and implement Modern Meat's plant-based lifestyle values through Modern Health and Wellness Bar. We feel there is a huge gap in the plant-based health and supplement space and establishing retail locations which focus on the health and wellness lifestyle-oriented consumer aligns very well with our products." "Modern Meat is more than a product, it is a lifestyle and culture," explains Campbell Becher, Director and Head of Finance and M&A for Modern Meat. "Our effort to establish our brand continues to gain momentum through this acquisition. Our goal is to build the Modern Meat lifestyle brand through awareness, expansion, and by developing long standing community and consumer relations. We expect the Modern Health and Wellness Bar channel to be a strong contributor toward our growth. We continue to explore opportunities that fit with our core principles and will help build our company brand, distribution, and revenue." Modern Meat Doubles Retail Presence to over 50 Locations In mid-August, the Company announced that since going public on June 30, 2020 it has expanded its reach significantly in British Columbia, by over doubling its retail presence and now being available in over 50 locations. "I am very proud of our team and pleased with the work they have accomplished to get us to this point," said Tara Haddad, CEO of Modern Meat. "As demand for our plant-based meat alternatives continues to grow we intend to pursue expansion plans through accretive acquisitions in the sector and by developing our distribution channel nationally through major retail chains, specifically in Ontario. We also plan to invest in a new kitchen facility this quarter to give us additional production capacity to meet the considerable increase in market demand." Modern Meat Products Now Being Sold In Canada's 5th Largest Grocery Retailer Modern Meat Inc. (CSE: MEAT) products are now available in the frozen meat section and food service division of the popular Urban Fare grocery stores. Urban Fare is a subsidiary of the Overwaitea Food Group (OFG) which operates more than 160 stores under the banners of Save-On-Foods, Owerwaitea Foods, Urban Fare, PriceSmart Foods, PriceSmart Foods International and Bulkley Valley Wholesale. OFG is owned by the Vancouver-based Jim Pattison Group. Urban Fare has six locations, four located in downtown Vancouver and one each in Calgary and Kelowna. Urban Fare will be offering all Modern Meat products specifically; Modern Meat Burgers, Crumble, 'Crab' Cakes and Meatballs. "As a local company, we are excited to partner with such a reputable and well-known food purveyor like Urban Fare. Having our products placed in the meat aisle as well as the hot cafeteria will give our company great exposure since most Urban Fare markets are strategically located in dense urban centers and feed many residents of high-rise condos and office towers," states Tara Haddad, CEO of Modern Meat. "As consumer preferences shift towards alternative proteins it is encouraging to see that retailers are including more nutritious plant-based options on their shelves." "We are thrilled to announce a new retail partnership with Urban Fare," said Cassidy McCord, Director of Sales. "Offering our products in this premiere retail chain provides a gateway for Modern Meat and a stamp of approval into the OFG verticals of over 160 stores. Obtaining shelf space in other OFG stores is a goal we will be focusing heavily on in the coming months." OFG is the largest chain headquartered in BC and the fifth largest food retailer by grocery sales value in Canada.* Protein ‘Shake-Up’ Could Push Faux Meat Market to $240 Billion The alternative meat market is poised to rise to $240 billion over the next two decades as new technologies gain ground and consumers change their diets, according to Jefferies. The great “protein shake-up” could see faux meat reach 9% share of the estimated $2.7 trillion global meat market by 2040, analyst Simon Powell forecasts, from less than 1% now. The size of the plant-based meat market has been one of the biggest debates in the food industry recently, with estimates ranging from between $10 billion and $40 billion to as high as $140 billion. Plant-based meats, like the one produced by Modern Meat Inc. (CSE: MEAT), are currently leading the category and could see major growth in the years ahead. Rising estimates for the faux-meat market are one way to justify the eye-popping valuations for its producers. Beyond Meat, for example, commands a valuation of $9.7 billion, or 110 times its 2018 sales. Its closely-held peer, Impossible Foods Inc., is valued at $1.52 billion, with revenues estimated at $110m in 2018, according to data compiled by PrivCo. Modern Meat Inc. CSE: MEAT''s Chart Trending Bullish We've done our very own chart analysis and see the potential for a big move from here! The share structure also seems attractive to those looking for a ticker with tremendous upside potential! Bullish Indicators: Perfect retrace to the Fibonacci Golden pocket complete. Strong sentiment and momentum within the sector sets up a rally back to the old highs Bullish cross-over on the Stochastic Momentum in strong uptrend Bullish trend continues The Bottom Line Building a position in Modern Meat Inc. (CSE: MEAT) right now, could be like buying Beyond Meat at its $25 IPO price! As you can see, their products are a hit with consumers, and they are expanding rapidly. Modern Meat is operating in a sector that is still in its infancy, and by cementing themselves as a major player already the upside potential is just too attractive to ignore.By Viewing this Content, you Agree that you Have Read and are in Full Understanding of both our Disclaimer & Privacy Policy(*Remember to use a Stop-Loss Order to protect your gains, as well as limit possible losses.) Best regards,
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