The Planting Hope Company Inc.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.- CEO
- Julia Stamberger
- Full Time Employees
- 8
- Sector
- Consumer Defensive
- Industry
- Packaged Foods
- Address
- 4710 N. Sheridan Road Vancouver IL Canada 60640
- IPO Date
- Jan 5, 2022
- Website
- plantinghopecompany.com
- Similar Companies
- Business
- The Planting Hope Company Inc. (TSXV:MYLK, OTCQB:MYLKF) develops, launches, and scales plant-based, planet-friendly food and beverage brands focused on nutritious, sustainable consumer packaged goods in the United States and Canada. The company offers Hope and Sesame sesamemilk including original, vanilla, chocolate, and Barista Blend varieties; Sesamilk creamers; RightRice veggie rice in multiple flavors such as risotto and special editions; Mozaics real veggie chips in sea salt, chili lime, and sour cream onion; and Veggicopia veggie snacks, sold through wholesale distributors like Dot Foods and UNFI, direct-to-business including foodservice operators, direct-to-consumer via platforms like Walmart.com and Amazon, and retail chains such as Whole Foods Market, Sprouts Farmers Market, Costco, H-E-B, Publix, Kroger, Loblaw, and The GIANT Company. Founded in 2015 and formerly known as Spinning Wheel Brands, the company maintains headquarters at 4710 North Sheridan Road in Chicago, Illinois, with additional operations from Vancouver, British Columbia. Recent developments include the June 2024 announcement of a strategic review to position the company for future growth; debt reorganization and a new private placement in April 2024 alongside a memorandum of understanding for equity investment and credit facility; engagement of Independent Trading Group as market maker and addition of two new board directors plus a chief financial officer in early 2024 to accelerate foodservice strategy and profitability; expansion of Hope and Sesame Barista Blend distribution into Costco warehouses in February 2024; and the acquisition of Argo Tea assets in 2023 to enhance managed foodservice relationships with operators like Sodexo and Aramark.
Planting Hope (MYLK) Announces Receipt of Management Cease Trade Order (MTCO)
Planting Hope (MYLK) Announces Debt Reorganization and Update to Private Placement
The Planting Hope Company Inc. Announces Application for Voluntary MCTO
Planting Hope (MYLK) Announces New Private Placement and Signs Memo of Understanding for Equity Investment and Credit Facility
Planting Hope Engages Independent Trading Group as Market Maker
Planting Hope Announces Extension of Non-Brokered Private Placement
Planting Hope Accelerates Foodservice Strategy and Profitability Drive with Two New Board Directors and Chief Financial Officer
Planting Hope Announces Distribution of Hope and Sesame(R) Barista Blend Sesamemilk in Costco Warehouse Stores
Planting Hope Announces Non-Brokered Private Placement
Planting Hope Cancels Options Grants
Planting Hope Grants Stock Options
CORRECTION: Planting Hope Adds Two Board of Directors Members
Planting Hope Adds Two Board of Directors Members
Planting Hope Drives Forward Profitability Path Achievements, Improving Gross Margins, Decreasing SG&A Expenses, and Expanding in Transactionally Profitable Channels Including Foodservice
Planting Hope Announces CFO Transition
Planting Hope's Mozaics(TM) Real Veggie Chips Added to Select Whole Foods Market Stores Nationwide
Planting Hope and Hope and Sesame(R) Sesamemilk Win the 22nd Annual Chicago Innovation Awards
Planting Hope's Hope and Sesame(R) Sesamemilk has Lowest Water Usage Across Dairy and Plant Milks, per Life Cycle Assessment with Planet FWD
Planting Hope Recognized as a Top 100 Finalist for the 22nd Annual Chicago Innovation Awards, Proceeds to the Next Stage in the Competition
Planting Hope Announces Third-Party Intellectual Property Portfolio Valuation of More than $50M USD ($69M CAD) and Investor Webinar