Eat Well Group (CSE:EWG) (OTC:EWGFF) Founder, CEO and Director Marc Aneed provides a company update through a letter to shareholders. The letter called the management of the company a “unique opportunity” and gave an overview of the company. In the letter, Aneed noted that the company’s leadership team has amassed some 150 years of collective experience building and investing in a variety of companies, brands, organizations and operating systems. in the plant-based food market. He said that in recent months the company has made investments in Belle Pulses, a crown jewel of the Canadian Prairies; Sapientia Technology, a leader in high nutritional value extrusion-based foods, and Amara(R) Organic Foods, an infant nutrition company. “Each of these companies is a growth engine in its own right, whether on the farm for the processing of legumes such as yellow or green peas, fava beans or chickpeas; generate the latest plant-based snacks such as our P-Curls, commonly described as “vegan cheetos”; or to empower the next generation of parents with 100% plant-based, 100% organic and 100% delicious foods and snacks,” Eat Well Group Founder, CEO and Director Marc Aneed wrote in the letter to shareholders. . “While our 2021 year-end financial statements are to be released shortly, we are maintaining our guidance within the expected range for our investments at ~$60m with overall profitability. The 2022 ambition remains to generate between 90 and 110 million dollars and, with gross margins that will stand the test of time as the teams drive growth in their respective industries. . . . Although we are only eight months old, we have been building for 40 years with a deep repertoire and history of winning.Our investments are deeply rooted in North America, with Canada being the heart of the global pulse industry for plant protein, so we continue to be well positioned to continue feeding the world with high-quality, highly nutritious plant-based foods.”
To view the full press release, visit https://ibn.fm/xmbPg
On Eat Well Investment Group Inc.
Eat Well Group is a publicly traded investment firm with a primary focus on high-growth companies in the agribusiness, food technology, plant and environmental, social and governance (“ESG”) sectors. “). Eat Well Group’s management team has extensive experience in finding, funding and building successful businesses across a wide range of industries and maintains a current investment mandate on the healthcare industry and well-being. The team has funded and invested in early-stage venture capital firms for over 25 years, enabling unparalleled access to deal flow and the ability to build a portfolio of opportunistic investments destined to generate superior returns risk adjusted. For more company information, please visit www.EatWellGroup.com.
NOTICE TO INVESTORS: The latest news and updates regarding EWGFF can be found in the company newsroom at https://ibn.fm/EWGFF
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