Planting Hope Reports “Record Year of Growth” in 2022, Quadruples YOY Revenue
The Planting Hope Company (CVE:MYLK) announces its financial results for the fiscal year ended December 2022, and reports it achieved record revenues of $12.2M last year, more than 4.6 times its revenue in 2021. Planting Hope, whose products include Hope and Sesame sesamemilk, RightRice and Mozaics Veggie Chips, says its 2022 revenues were 358% higher than in 2021, driven by its acquisition of RightRice, significant North America retail expansion, and enthusiastic response to its Barista Blend Sesamemilk in food service and coffee shops. “In 2022, we rolled out our flagship Hope and Sesame Barista Blend Sesamemilk to the critical Café channel,” said Julia Stamberger, CEO and co-founder of Planting Hope. “After five years of formulation, development and testing, sesame milk is the first meaningful new …