VERY is a publicly traded company listed on the CSE (CSE: VERY) that operates in the plant-based food technology sector. VERY is headquartered in British Columbia, Canada and operates in British Columbia, Alberta, New Brunswick and Nova Scotia.
VERY designs, develops, produces, distributes and sells a variety of plant-based meat and other food alternatives. It offers burgers and bangers, as well as pepperoni, ribz, Taco Stuff’er, roast beast, steak, and stuffed beast products; and seasonal specialty and special-order products, such as holiday ham and seitan bacon. VERY offers its products under “The Very Good Butchers brand”. It sells products through its wholesale and e-commerce stores, as well as butcher shops. VERY was formerly known as “The Very Good Butchers Inc.” and changed its name to “The Very Good Food Company Inc.” in October 2019.
The Company’s investment in VERY has been deployed into two areas: working capital and the expansion of VERY’s production facility.
The Company does not hold a controlling position in VERY. The Company intends to hold its investment of $50,000 in VERY and will review its investment quarterly to determine if a re-allocation is necessary.