The Very Good Food Company (OTCQB:VRYYF)Reports 2021 Financial Results Presented by Green Stock News

Summary: The Very Good Food Company (OTCQB: VRYYF) Reports First Quarter 2021 Financial Results Presented by Green Stock News HIGHLIGHTS * First Quarter 2021 Revenue Increased 680% Year- over-Year to $2.6 Million * Production Units Sold Increased 77% over Q4 2020 * eCommerce Revenue Increased by $0.7m, or 52% over Q4 2020 * Fulfilled 23,181 eCommerce orders in Q1 2021, compared to a total of 40,322 in fiscal 2020 * New brokerage and distribution partnerships to accelerate U.S. retail reach The Very Good Food Company Inc. (TSXV: VERY) (OTCQB: VRYYF) a leading plant-based food technology company, is pleased to announce its financial results for its first quarter ended March 31, 2021. "We have once again reported record quarterly results as a result of growing interest in our brand," said Mr. Scott. "This strong growth trajectory that we have achieved quarter over quarter is driven by our ability to strategically enhance our operational capabilities, optimize our logistics network to meet the increasing demand from our eCommerce channel, and secure new wholesale distribution partnerships to expand our geographical footprint across North America. Overall, sales increased 44% from Q4 2020 .Our products are expected to be on the shelves of major U.S. retailers starting in October 2021 and in natural chains in August 2021; We look forward to building upon this success and reaching our 2021 goals, including the capability to fulfill upwards of 5,000 eCommerce orders a week and establishing approximately 15,000 points of distribution in Canada and the U.S. while continuing to build on our position as a leader in the plant-based food industry." About The Very Good Food Company Inc. The Very Good Food Company Inc. is an emerging plant-based food technology company that produces plant-based meat and other food products that are delicious while maintaining a wholesome nutritional profile. www.VeryGoodFood.com Read Full Press Release on Green Stock News. https://greenstocknews.com/news/otcmk... Green Stock News is a 21st-century broadcast media company that enhances corporate access for public & private companies through the distribution of news, interviews, and original content across the web and through social media. Subscribe to our channel for Daily Green Stock News. https://www.greenstocknews.com