The Buzz Surrounding Planet Based Foods Global Inc. (OTCQB: PBFFF) (CSE: PBF) | Financial Buzz

The Buzz Surrounding Planet Based Foods Global Inc. (OTCQB: PBFFF) (CSE: PBF)

Founded in 2018 in San Diego, California, Planet Based Foods has a mission to build a better food system by providing hemp-formulated superfood products to people today that support the planet tomorrow.

Made from a superfood blend of non-GMO hemp seed, brown rice, and pea protein. H.E.M.P foods are high in protein and fiber, rich in omegas 3, 6, and 9, do not contain any gluten or soy, are 100% vegan and an excellent source of vitamins and minerals.

All Planet Based Foods products are 100% vegan

Our Behind the Buzz Show Featuring Planet Based Foods Global Inc.

Investor Recap

Global Plant Based Food Opportunity

Planet Based Foods Global Inc. explained that the global plant-based meat market size by revenue is
likely to cross $12 billion by 2025.

Year over year growth rate of plant based foods after 2020

Progressing CAGR throughout
forecast period 2020-2024

Plant based food growth will
originate from North America

Planet Based Foods – Retail

• Approved Target vendor. Slotting becomes available Q3, 2022
• Launching on Amazon.com D2C Q1, 2022
• Brokerage network will begin targeting Kroger, Ralphs, and
  Vons in 2022
• Distribution partners are linked to Natural food stores,
   including Whole Foods, Lazy Acres, Sprouts and Erewhon
• Targeting Southern California and Colorado markets first

Food Service

• PBF is distributed by US Foods
• Sysco onboarding coming 2022
• Currently serving in multiple restaurants throughout       
  Southern California
• Expanding into CO and AZ Q2 2022
• US Foods services approximately 300,000 food service and      restaurant operators
• Nationwide markets available due to cross docking

Product Innovation

Product Innovation

Available at Stout Burgers & Beers and Copper Mountain Ski Resort
• Sold 2500lbs in 90 days
• Take out, delivery, dine-in, catering,        and food truck service.

DTC

PBF teaming up with Amazon
and Vejii

Fast shipping. 
End-to-end service.

Grocery

PBF approved Target vendor

The burger, breakfast sausage, and
Crumble ARE be ready for CPG

Recent Developments

April 5, 2022 - Planet Based Foods Announces Distribution Partnership with US Foods Inc.

Planet Based Foods Global Inc. (CSE: PBF) (OTCQB: PBFFF) (FRA: AZ0) (“PBFG”, “Planet Based Foods” or the “Company”) is pleased to announce a new distribution partnership with US Foods Inc. (“US Foods”), a leading supplier of foodservice products throughout the United States.

The Company’s popular plant-based options will be initially distributed by two of US Foods’ most important divisions, La Mirada and Corona, which supply a variety of products to restaurants, business and industry, healthcare and many key independent and multi-unit operators throughout the Southern California region. Both divisions will stock The Original Burger, Mild Breakfast Sausage Patties and The Italian Sausage Crumble, while the Green Chili Southwest Burger and Hot Breakfast Sausage Patties will also be available via special order.

“As our new distribution partner, we are thrilled that US Foods will be debuting the Planet Based Foods brand to their significant customer base, highlighting us as a premier and unique offering in their substantial plant-based and healthy-eating portfolio,” said Planet Based Foods’ President and CEO Braelyn Davis. “We are very excited to be working with one of America’s leading food distributors, and look forward to expanding our product reach through this evolving partnership.”

For Full Release – https://www.prnewswire.com/news-releases/r-e-p-e-a-t—-planet-based-foods-announces-distribution-partnership-with-us-foods-inc-301517480.html

Mar 30, 2022 - Planet Based Foods Announces Listing on OTCQB Under Symbol PBFFF & DTC Eligibility

 Planet Based Foods Global Inc. (CSE: PBF) (OTCQB: PBFFF) (FRA: AZ0) (“PBFG”, “Planet Based Foods” or the “Company”) is pleased to announce that its subordinate voting shares have begun trading on the US-based OTCQB operated by OTC Markets Group Inc., under the symbol “PBFFF”. Further to this, the company has also received approval from the Depository Trust Company (“DTC”) to make the Company’s subordinate voting shares eligible to be electronically cleared and settled through DTC (“DTC Eligibility”).

Designed for developing and entrepreneurial companies in the United States and abroad, companies must be current in their financial reporting and undergo an annual verification and management certification process, including meeting a minimum bid price and other financial conditions. With more compliance and quality standards, the OTCQB provides investors improved visibility to enhance trading decisions. The OTCQB is recognized by the United States Securities and Exchange Commission as an established public market providing public information for analysis and value of securities.

In addition to trading in the United States, Planet Based Foods Inc. subordinate voting shares continue to trade on the Canadian Securities Exchange (CSE)  under “PBF” and the German Börse Frankfurt (FRA) exchange under “AZ0”.

Planet Based Foods further advises that it has received approval from DTC which is a subsidiary of the Depository Trust and Clearing Corporation, a United States company that manages the electronic clearing and settlement of publicly traded companies. DTC Eligibility incorporates an electronic method of clearing securities that speeds up the receipt of stock and cash, and thus accelerates the settlement process for certain investors. DTC is a member of the U.S. Federal Reserve System, a limited-purpose trust company under New York State banking law and a registered clearing agency with the U.S. Securities and Exchange Commission.

Braelyn Davis, CEO of Planet Based Foods commented, “We are very excited to be able to increase shareholder value by enhancing liquidity to our current and future investors around the world. This news is an important milestone and shows our commitment to increasing our market presence across the United States as we engage with this significant audience. By listing on the OTCQB, we increase the visibility and transparency to the investment community, and overall, positions us to engage with greater effectiveness to our current and future shareholders. DTC eligibility also allows our shareholders a reliable, cost-effective and timely method for clearing and settling of our common shares.”

For Full Release – https://www.newswire.ca/news-releases/planet-based-foods-announces-listing-on-otcqb-under-symbol-pbfff-amp-dtc-eligibility-859444236.html

Mar 17, 2022 - Planet Based Foods Announces Partnership with KeHE Distributors

Planet Based Foods Global Inc. (CSE: PBF) (FSE: AZ0) (“PBFG”, “Planet Based Foods” or the “Company”) is pleased to announce a new partnership with KeHE Distributors, one of the largest pure-play grocery and natural food distributors in North America. 

With more than 5,500 employee-owners, an extensive 16-distribution center network across North America and $5.5 billion in annual sales, KeHE Distributors has been providing natural, organic and specialty products to a wide range of chain and independent grocery retailers for nearly 70 years. Driven by a passion for sustainable living, healthy eating and responsible business integrity, KeHE Distributors is a proud Certified B Corporation held to the highest standards of social and environmental performance.

Through the exciting new partnership, KeHE Distributors will be a primary Planet Based Foods’ distributor to the Natural and Speciality Foods grocery channel. Six of the Company’s most popular vegan options will be highlighted, including The Original Burger, the Green Chili Southwest Burger, Breakfast Sausage Patties Hot and Mild, The Original Crumble and The Italian Sausage Crumble. Units will be priced between $7.99 and $8.99.

“We’re thrilled to be partnering with KeHE, one of the country’s leading and most respected natural food distributors,” said Planet Based Foods’ President and CEO Braelyn Davis. “This collaboration will open the door for smaller, independent retailers to easily order our products, and will accelerate our distribution to mid-size retailers. It will also allow us to further our expansion efforts into Canada as we continue to focus on broadening the Planet Based Foods’ reach and increasing shareholder value.”

For Full Release – https://www.newswire.ca/news-releases/planet-based-foods-announces-partnership-with-kehe-distributors-854529477.html

Mar 08, 2022 - Planet Based Foods Unveils New Plant-based Comfort Foods At Natural Products Expo West

Planet Based Foods Global Inc. (CSE: PBF) (FSE: AZ0) (“PBFG”, “Planet Based Foods” or the “Company”) is pleased to announce it will debut its first comfort food products — original and southwest taquitos — at Natural Products EXPO West, March 9 – 11, 2022. Planet Based Foods’ taquitos are now available to foodservice and retail buyers looking to add delicious, soy-free and GMO-free plant-based options to their lineups, with direct-to-consumer distribution slated for May 2022.  

Planet Based Foods’ newest products represent an expansion into the plant-based convenience category after successfully launching its hemp-based burgers, sausages and crumbles in foodservice and via planetbasedfoods.com and Vejii.com. The company’s innovative production process is the first to use hemp seed, along with pea protein and brown rice, to maximize nutrients and fiber in its plant-based meats with zero waste. The brand’s Original Crumble now features as a nutritious, plant-based ingredient in its new taquitos that also use 100% vegan cheese.

“Consumers are looking for new, convenient ways to incorporate plant-based foods into their lifestyles, and Planet Based Foods is delivering,” said Braelyn Davis, CEO and co-founder, Planet Based Foods. “Our new taquitos feature our plant-based meat made with sustainable hemp and make it easy to enjoy classic comfort foods that don’t rely on animal protein.”

“We founded Planet Based Foods with one purpose: to establish hemp as a nutrient-dense protein source that is fit to weather the impacts of climate change and feed the planet for generations to come,” added Davis. “The expansion of our product line to include handheld comfort foods creates a familiar and delicious way to introduce consumers to our superfood hemp-based meat while delivering exceptional taste, convenience and sustainability.”

For Full Release – https://www.newswire.ca/news-releases/planet-based-foods-unveils-new-plant-based-comfort-foods-at-natural-products-expo-west-808379118.html

Feb. 22, 2022 - Planet Based Foods Announces Dave Wilbern as Vice President of Sales

Planet Based Foods Global Inc. (CSE: PBF) (FRA: AZ0) (“PBFG”, “Planet Based Foods” or the “Company”) is pleased to announce Mr. Dave Wilbern has been appointed as Vice President of Sales of the Company.

Mr. Wilbern is an accomplished sales executive with a diverse background in sales, marketing and operations at privately held and publicly traded Fortune 500 companies. Specializing in new business development and strategy, his extensive experience spans national accounts, group purchasing organizations (GPOs) and local and national broadline distributors. As a collaborative leader, Mr. Wilbern excels in building and leading national sales organizations and developing broker networks.

“I’m proud to be joining the Planet Based Foods team as Vice President of Sales,” said Mr. Wilbern. “To be a part of such an innovative group that prioritizes the health of people and the planet is incredibly fulfilling, and I am actively committed to the ongoing growth of the company through my new leadership role.”

“We are very pleased to have Dave join Planet Based Foods at such an exciting time in our growth,” said Planet Based Foods’ President and CEO Braelyn Davis. “Dave is a talented executive with a proven track record in successfully expanding companies through smart sales programs and strategic relationship building. As we continue to scale our brand, his wide-ranging experience will be a great asset to the Planet Based Foods team.”

For Full Release – https://www.newswire.ca/news-releases/planet-based-foods-announces-dave-wilbern-as-vice-president-of-sales-887579585.html

Feb 17, 2022 - Planet Based Foods Announces Partnership with Online Vegan Marketplace Vejii Holdings

Planet Based Foods Global Inc. (CSE: PBF) (FRA: AZ0) (“PBFG”, “Planet Based Foods” or the “Company”) is pleased to announce a new partnership with online vegan marketplace, Vejii Holdings Ltd. (CSE: VEJI) (“Vejii”).

Vejii, a unified digital marketplace and fulfilment platform featuring thousands of plant-based and sustainable-living products, will highlight a variety of Planet Based Foods’ most popular vegan options for purchase. Launching in February 2022, the order from Vejii includes The Original Burger, the Green Chili Southwest Burger, Breakfast Sausage Patties Hot, The Original Crumble, and The Italian Sausage Crumble.

In the coming months, this exciting new partnership is expected to result in upwards of 5,000 pounds of Planet Based Foods product sales, significantly broadening the Company’s reach from the United States into Canada. The Company’s  product offering will progressively expand on the Vejii platform as new units are introduced over time.

“We are very excited to partner with Vejii, a company that shares in our mission to make healthy, vegan certified products more widely accessible,” said Planet Based Foods’ President and CEO Braelyn Davis. “Our selection of delicious plant-based meat alternatives are a perfect fit for Vejii’s expanding portfolio of sustainable products, and we look forward to introducing Planet Based Foods to their loyal customer base.”

“We are thrilled to welcome Planet Based Food into our family of sustainable, vegan certified brands,” said Vejii’s CEO Kory Zelickson. “Partnering with innovative companies that are committed to common sustainability goals is essential to Vejii’s growth as we continue to work toward building the world’s largest plant-based marketplace.”

For Full Release – https://www.newswire.ca/news-releases/planet-based-foods-announces-partnership-with-online-vegan-marketplace-vejii-holdings-845543358.html

Feb. 10, 2022 - Planet Based Foods Announces Robbie Rech, Former CEO of HOPE Foods, as Chief Financial Officer

Planet Based Foods Global Inc. (CSE: PBF) (FSE: AZ0) (“PBFG”, “Planet Based Foods” or the “Company”) is pleased to announce that Mr. Robbie Rech has been appointed as the Company’s new Chief Financial Officer.

Mr. Rech is the former Chief Executive Officer of HOPE Foods, a natural foods company based outside of Boulder, Colorado that produces plant-based snack and meal solutions. During Mr. Rech’s nearly decade-long tenure at HOPE Foods, he led the brand from humble beginnings at the Boulder Farmers Market to become one of the premier plant-based dips and spreads lines in the country, including the #1 organic hummus. Today, HOPE Foods products are successfully sold at retailers nationwide.

With 20 years’ experience in executive management roles, Mr. Rech is an accomplished business leader with a demonstrated history of building innovative, scalable enterprises from the ground up across a diverse set of industries. His various positions have ranged from Chief Executive Officer to Finance/Operations and Product Development, in which he has raised venture funds, hired and coached management teams, implemented scalable systems and spearheaded business transformation efforts.

“I am both honoured and excited to play a key part in the growth of Planet Based Foods going forward,” said Mr. Rech. “In my new role with PBFG, I will be drawing upon my passion for innovative plant-based solutions as together we work toward providing a more sustainable and accessible healthy food system.”

“Robbie is a seasoned executive that brings a wealth of experience and knowledge in the plant-based sector, and we are thrilled to welcome him to the team,” stated Planet Based Foods’ President and CEO Braelyn Davis. “The Company sincerely thanks departing Chief Financial Officer Mr. William Blake Aaron for his service, and wishes him all the best as he focuses on his Corporate Secretary role with the Company.”

For Full Release – https://www.newswire.ca/news-releases/planet-based-foods-announces-robbie-rech-former-ceo-of-hope-foods-as-chief-financial-officer-811535386.html

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