We call this segment a "Cheapie with a Chance" - Boosh Plant-based Foods (CSE: VEGI) is a microcap Canadian-listed stock that is in survival mode. Will they make it? We think it's worth a shot - why? They acquired a brand last year, Beanfields - a line of better for you bean-based chips. The brand has previously done annual sales of USD $8,000,000 to $15,000,000 and is carried in more than 7,000 retail doors! Impressive for a company with a market cap of approx. CAD$3,500,000.
In this latest TokStocks instalment, we feature a company that has been in the very beaten up CPG food sector. The last 18 months have seen carnage in the segment with those surviving having to quickly right size their business and focus on burn reduction and fundamentals. Today, we sit down with Connie Marples, the CEO and founder of Boosh Plant-based Foods (CSE: VEGI), to learn more about her journey with Boosh. Connie is a scrappy entrepreneur who has made it her mission to create delicious, nutritious, and sustainable food options for people everywhere. She's now getting the learning of a lifetime about how cutthroat and ruthless the capital markets can be. Throughout the interview, Connie shares her personal story, discussing her background, her motivations, and the challenges she has faced along the way. She also gives us an inside look at the world of Boosh and its flagship brand Beanfields. Whether you're a foodie, an investor or just someone who is interested in learning more about a "cheapie with a chance", this video is a must-watch. So grab a snack (preferably a Boosh one!) and join us for this insightful conversation with Connie Marples.
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