After having recorded meaningful gains last week, The Very Good Food Company Inc (OTCMKTS:VRYYF) stock was trading within a range on Tuesday. Could this be the precursor to another upward move?
That is something that no one can actually predict but it could be a good idea for investors to take a look at the announcement made by The Very Good Food Company yesterday. The company announced yesterday that it was going to launch a new initiative by way of which it would be able to deliver its plant based meat products to the consumers within half an hour of placing the order.
In this regard it should be noted that the orders are going to be fulfilled by food delivery services like DoorDash, UberEats, Postmates and Grubhub. It is going to be a pilot program initially and will be rolled out by The Very Good Food Company at some point in December this year.
Michael Scott, who is the Chief Executive Officer and also the co-founder of the company, spoke about the development as well. He stated that everyone at the company was thrilled at the possibility of making the plant based meat product from The Very Good Food Company far more accessible through this initiative.
