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Home Cannabis

Cannibble FoodTech (CSE: PLCN): An Innovative, Hemp-Focused Food Products Company

by admin
July 14, 2022
in Cannabis, Commodities
0
Cannibble FoodTech CSE PLCN Hemp Food Company Spotlight Growth

Cannibble FoodTech CSE PLCN Hemp Food Company Spotlight Growth

Innovation can come from anywhere in the world, and today small-cap investors can span the entire globe to find and invest in companies creating products that have the potential for massive growth.  One such company is the Israeli company Cannibble FoodTech (CSE: PLCN), which develops and produces food products that are enhanced with hemp seeds and hemp protein.  The company is traded on the Canadian Stock Exchange under the symbol “PLCN.”

Cannibble has developed over 100 SKUs to date and is currently manufacturing 32 product SKUs under the brand name The Pelicann.  The main family of products are mixed which are used to bake protein pancakes, cupcakes, and cake pops.  The CannaShake line is hemp-infused protein shakes that come in unique flavors such as Chai Latte, Salted Caramel, and Choco Nut.  Hemp-infused foods are seeing increased demand as wellness and self-care become important decision factors for consumers.  The calming properties of hemp are valued by customers who prioritize wellness as part of their overall nutritional routine.

Source: Cannibble FoodTech
Source: Cannibble FoodTech

The company’s products are also dairy-free, non-GMO, nut-free, and friendly to ketogenic diets.  Low carbohydrate diets such as Keto have come into favor in recent years and the trend shows no signs of slowing downs as more and more people have discovered the health and weight loss benefits of such eating styles.  The hemp market, while growing rapidly is crowded, but Cannibble has protected its intellectual property by developing a unique method to produce powders out of liquids and oils that mix evenly and completely into the final products that are consumed.

In a crowded market, finding avenues to get products into the hands of consumers is of paramount importance.  Traditionally the company has sold products primarily through its website, https://thepelicann.com/, but has recently entered into distribution agreements with some large partners.  In June of 2022, the company’s products became available on Amazon for U.S. customers which opens the world’s largest e-commerce door.  Another recent deal has put Cannibble’s products into the Walmart ecosystem and they are now sold on Walmart.com, in Wal-Mart Marketplace stores, and in Sam’s Club warehouse club stores.  Amazon and Walmart are arguably the two most important distribution partners for the United States market, so gaining access to those channels should help Cannibble scale up sales quickly.

As consumers prioritize their health and wellness, they seek out products that integrate into their lifestyles, so easy-to-drink and bake mixes blend well into healthy ways of living.  Hemp seed and protein-infused products are becoming a major growth avenue as more and more consumers discover their health benefits.  A growing market coupled with getting the products into the right distribution systems is a recipe for success in standing out in a crowded market. Cannibble FoodTech is well-positioned to capitalize on this trend and its strategic partnerships give it the avenues to become a market leader.

Disclaimer:

Spotlight Growth is compensated, either directly or via a third party, to provide investor relations services for its clients. Spotlight Growth creates exposure for companies through a customized marketing strategy, including design of promotional material, the drafting and editing of press releases and media placement.

All information on featured companies is provided by the companies profiled, or is available from public sources. Spotlight Growth and its employees are not a Registered Investment Advisor, Broker Dealer or a member of any association for other research providers in any jurisdiction whatsoever and we are not qualified to give financial advice. The information contained herein is based on external sources that Spotlight Growth believes to be reliable, but its accuracy is not guaranteed. Spotlight Growth may create reports and content that has been compensated by a company or third-parties, or for purposes of self-marketing. Spotlight Growth was compensated one thousand dollars cash for the creation and dissemination of this content by a third party Guerrilla Capital and Ryan Yanch.

This material does not represent a solicitation to buy or sell any securities. Certain statements contained herein constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may include, without limitation, statements with respect to the Company’s plans and objectives, projections, expectations and intentions. These forward-looking statements are based on current expectations, estimates and projections about the Company’s industry, management’s beliefs and certain assumptions made by management.

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Tags: Canadacanadian stock exchangeCanadian stockscannabiscannibble foodtechcommon stockCSECSE PLCNday tradingemerging growthhemp foodshemp productshemp stocksinvestinginvesting newsinvestmentmarijuana stocksmedical cannabismedical marijuanamicrocap stocksnewspenny stocksPLCNPLCN stockpublic companysalessmall cap companiessmall cap stockssmall capsSpotlight GrowthSpotlight Growth Stocksstock marketstocksstocks to watchtradingwebull wallstreetbetswellness
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