VANCOUVER, BRITISH COLUMBIA – NOVEMBER 18th, 2021 - FEEL FOODS LTD. ("Feel Foods") (CSE: “FEEL”) (OTC: “FLLLF”) (FSE: “1ZF”) announced today it is creating a new e commerce platform with advanced logistics operations in time for the festive season.
Web developers ‘Able & Howe’ is designing the new e-commerce site with full e-commerce capabilities as well as state-of-the-art inventory control capabilities, ensuring operations are efficient, effective, and uninterrupted.
Prior to the upcoming holiday season and the launch of its e-commerce platform, Feel Foods is adding more fulfillment personnel and is ramping up production of its popular, 100% owned Black Sheep Vegan Cheeze ahead of anticipated increased demand for these products that are already available for purchase on multiple online marketplaces including: www.spud.ca, www.veganofoods.com, Vegan Supply online and www.farmtotablemarket.ca.
Shipping and logistics have been improved with new cold shipping units to ensure products reach consumers with maximum freshness and shelf life. Feel Foods investors, stakeholders and customers are encouraged to begin following Black Sheep at Instagram.com/blacksheepvegancheeze and at any of the above online marketplaces to try Black Sheep unique products.
Feel Foods CEO, David Greenway, states: “The highly anticipated launch of our new e-commerce platform is an upcoming milestone for Feel Foods. This direct-to-consumer model is the most profitable sales channel in retail sales and allows us to scale up its distribution while controlling quality and reliability.
“Our Black Sheep Vegan Cheeze brand continues to grow its presence and distribution online as well as in stores and now available in over 70 grocery and food services locations throughout British Columbia. Our Cranberry Voursin is one of our best sellers and a perfect substitute to spreadable cheeses when entertaining this festive season. We are currently working on launching exciting new plant-based products for you to enjoy ahead of the holiday season this year.”
The plant-based food market is expected to grow at a CAGR of 11.9% between 2020 and 2027 to reach $74.2 billion by 2027.* The growth of this market is mainly attributed to the factors such as increasing incidence of intolerance for animal protein, growing urbanization with new consumer aspirations, increasing vegan population, and significant venture investments in this sector.*
About Black Sheep Vegan Cheeze
Feel Foods wholly owned premium vegan cheese brand “Black Sheep Vegan Cheeze” (“Black Sheep”) was founded in 2017 and is currently producing variety of unique vegan dairy substitute products at the Company’s Okanagan commercial kitchen and R&D facility. Black Sheep products are currently offered in grocery stores and food services locations throughout British Columbia including select locations at: IGA, Nesters, The Very Good Butchers, Pomme Natural, Natures Fare, Vegan Supply, and many other fine retailers across 16 cities throughout the province as well as online and in person at farmers markets.
For more information on Black Sheep’s products and story, visit: http://blacksheepvegancheeze.com/ About Feel Foods Ltd.
FEEL is an agri-food holdings company focused on innovative products and technologies in the food services industry including its wholly owned Black Sheep Vegan Cheeze Company, offering a variety of 10 unique vegan dairy substitute products and currently available in over 30 retail locations, it is 100% owned Be Good Plant-based Foods line of plant-based chicken, pork and beef products as well as is currently investing in the research and development of keto-friendly plant-based candy products.
Joel T Warawa
Statistics Reference: * https://www.prnewswire.com/news-releases/global-plant-based-food-market-report 2020-2027-rising-industry-concentration-with-growth-in-mergers-and-acquisitions-in-the-plant-based products-space-301268737.html
Disclaimer for Forward-Looking Information
Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding the Company. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future, including with respect to: the entry of the Consulting Agreements, the completion of the Acquisition and the acceptance of the Acquisition and terms thereof by the CSE. Such statements are subject to risks and uncertainties that may cause actual results, performance, or developments to differ materially from those contained in the statements, including risks related to factors beyond the control of the Company. The risks include the following: the unknown magnitude and duration of the effects of the COVID-19 pandemic, the inability of Feel Foods to close an acquisition and other risks that are customary to transactions of this nature. There can be no assurance that any forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader should not place any undue reliance on forward-looking information or statements. Feel Foods undertakes no obligation to update forward-looking information or statements, other than as required by applicable law.
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