The Planting Hope Company News - vegconomist - the vegan business magazine

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Planting Hope Reports “Record Year of Growth” in 2022, Quadruples YOY Revenue

May 4, 2023

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 …

Topics:

Circular Economy

sesame milk

CEO & Co-Founder Julia Stamberger, ©Planting Hope

Company News

Julia Stamberger, CEO of The Planting Hope Company, is Elected to PBFA’s Board of Directors

March 16, 2023

The Planting Hope Company (CVE:MYLK), producer of Hope & Sesame and other plant-based foods, announces CEO and Co-founder Julia Stamberger has been elected to the Board of Directors for the Plant Based Foods Association (PBFA), a leading US trade association representing manufacturers and suppliers in the plant-based foods industry. The Planting Hope Company has been a member of the PBFA since July 2019, and its Hope and Sesame Sesamemilk and Mozaics Real Veggie Chips carry the PBFA vegan certification. “I am thrilled to be elected to join the PBFA board of directors by its membership,” said Planting Hope CEO and Co-founder Julia Stamberger. “Since the inception of the PBFA, the organization has worked to advance awareness of how the skyrocketing growth of plant-based food and …

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sesame milk

Company News

Planting Hope Expands Distribution of Sesame Milk & RightRice Through Dot Foods

March 9, 2023

The Planting Hope Company Inc., announces that Dot Foods, the largest food industry redistributor in North America, has listed nine additional Planting Hope SKUs. Dot Foods is the largest food industry redistributor in North America, operating across dry, refrigerated, and frozen distribution channels to more than 4,500 end-user clients spanning retailers to foodservice distributors and operators. In total, 11 Planting Hope SKUs entailing four RightRice SKUs and seven Hope and Sesame SKUs, are now available through Dot Foods: “Dot continues to see growth in the plant-based category. Planting Hope has some unique items that will help round out our offering,” said C.J. Pilliod, Senior Business Development Manager at Dot Foods “Through our expansion of both Hope and Sesame® and RightRice® with Dot Foods, we are …

©Planting Hope

Sustainability / Environment

Hope and Sesame Expands at Kroger, Becomes ‘World’s First’ Upcycled Certified Plant Milk Brand

February 15, 2023

The Planting Hope Company, maker of Hope and Sesame, announces it has become the ‘world’s first’ plant milk brand to earn Upcycled Food Association (UFA) certification for its organic sesamemilk. The company is also expanding its distribution with Kroger, America’s largest grocery chain, to introduce Hope & Sesame’s new 48 oz refrigerated bottles. According to Planting Hope, The Upcycled Certified Program is the world’s first third-party certification program designed for upcycled ingredients and products. To qualify for designation, products must be made with surplus food or food by-products and contain at least 10% upcycled ingredients. Companies must also have verifiable supply chains and demonstrate a positive impact on the environment. Made from the byproducts of sesame seed oil production, Hope and Sesame’s milk provides 8 …

Topics:

Circular Economy

sesame seeds

©Planting Hope

Products & Launches

Hope and Sesame Launches Sesamemilk at Top Canadian Natural Retailers and Amazon.ca

November 23, 2022November 23, 2022

The Planting Hope Company announces Hope and Seasame Sesamemilk is now available to Canadian consumers on Amazon.ca, as well as in leading natural grocery stores nationwide. The launch expands Hope and Sesame’s distribution across Canada, including at key retailers in Quebec, British Columbia and Ontario. On Amazon, customers can choose from four Hope & Sesame flavors, including its award-winning Barista Blend, now offered in bilingual packaging. In natural grocers, customers can find the sesamemilk in shelf-stable packaging at 69 new stores, including Supermarch Pagano, Marches TAU and Avril Natural Market (Quebec), Ambrosia Natural Foods, Marcheleo’s, and Natural Emporium (Ontario), and Pomme Natural Markets and Roots Natural (British Columbia.) Expanding access “We’re thrilled to expand the availability of Hope and Sesame Sesamemilk to customers across Canada …

Topics:

sesame milk

sesame seeds

©The Planting Hope Co

Delivery Services

The Planting Hope Company Partners With Leading Meal Delivery Service Freshly

April 26, 2022

The Planting Hope Company Inc., a female-led company based in Canada which became publicly listed last November, announces a partnership with Freshly, America’s leading meal subscription service. Planting Hope operates Hope and Sesame, the world’s first commercial sesame milk, winner of Best Milk Alternative at Plant-Based World New York. The company acquired RightRice for US$7 million in early 2022. RightRice Veggie Rice will now feature in Freshly’s latest offering – Spanish-Style RightRice with Green Olives, Fennel & Roasted Almonds – a vegan twist on Spanish paella. Says Julia Stamberger, CEO and Co-founder of Planting Hope: “We are thrilled to be Freshly’s first branded ingredient partner and to have RightRice® highlighted in this plant-powered twist on Spanish paella.” “Since the acquisition of the RightRice® brand, we …

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Freshly

Interviews

Planting Hope: “A Powerhouse Female Leadership Team Working to Disrupt the Plant-Based Category as We Know It”

February 25, 2022January 25, 2022

Canada’s Planting Hope Company, the publicly listed producer of the world’s first commercial sesame milk, was named Most Impactful Sustainable Food & Beverage Company 2021, as well as winner of Best Milk Alternative for Hope and Sesame beverages at Plant-Based World New York. Planting Hope recently announced the acquisition of RightRice for US$7 million. Furthermore, the company announces that its shares have commenced trading on the Frankfurt Stock Exchange under the ticker J94. Continuing this reign of success, the female-led company is set to unveil exciting new product lines at the 2022 Winter Fancy Food Show next month, including RightRice Risotto products and espresso beverages created with the new Hope and Sesame Barista Blend sesamemilk. After such a phenomenally successful few months it was definitely …

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female led

Stock market

Planting Hope, Female-Led Producer of the “World’s First” Sesame Milk, Completes IPO

September 11, 2023November 17, 2021

Plant-based brand The Planting Hope Co. has completed its IPO in Canada, selling 22.5 million shares at a price of $0.40 each. The shares are expected to begin trading on the TSX-V on November 18, under the ticker symbol “MYLK”.

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sesame milk

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