Some of the Ticker Tape Members are investing in Impossible Foods before its IPO. We’ve already completed our first investment. Now, we’ve created a second fund — TTI Impossible Holdings, LLC — to buy additional shares. Investors in the first fund get priority, but new investors are welcome to join with a minimum investment of $10,000.
Impossible Foods is growing like wildfire. They have doubled their grocery store sales every month since April. That means they doubled in May. Then they doubled in June. Then they doubled again in July. Insane. The company set a goal of increasing its grocery store footprint by 50x in 2020. Last week, they announced they’ve already increased it by 60x so far this year — with three months to go!
Impossible Foods is in Burger King, White Castle, Del Frisco’s, Giordano’s, Hard Rock Cafe, Hopdaddy, Qdoba, Little Caesar’s, Red Robin, Studio Movie Grill, Cheesecake Factory, Top Golf, Wahlburgers, Starbucks, Albertson’s, Safeway, Kroger, Wegmans… and now Wal Mart.
Here are some links to articles about the company…
- Beyond Meat Downgraded because of Impossible Foods rapid gains
- Impossible Foods makes big push in Canada
- New Plant-based meat company, Laird Superfood, skyrockets in IPO.
- Plant-based foods are more healthy than beef or pork.
- IF is expanding its retail presence by 50x in 2020
- How realistic is IF’s plan to eliminate beef by 2035?
- Impossible Foods Website
What we get excited about is the global expansion opportunities. Impossible is making a big push in Canada. Beyond Meat is now expanding in China. Impossible will be right behind them. Muslims of the world have never had breakfast sausage. Now they can. A billion people in India and surrounding countries have never had a cheeseburger. Now they can. Vegetarians have never had a good substitute for chili, meatballs, sausage, burgers, or tacos. Now they do.