Buy VERY Good Food Penny Stock for Big Growth Potential? | Canadian Beyond Meat VERY Good Butchers

<p>Jeremy from Financial Education bought almost 70 thousand dollars worth of VERY Good Butchers stock. A Canadian Penny Stock, wow! It goes without saying that VERY Good Butchers stock is a VERY Interesting Canadian Penny Stock. &nbsp;&nbsp;</p> <p>0:00 Intro&nbsp;</p> <p>1:35 Overview 😎&nbsp;</p> <p>2:00 Growth prospects 👀&nbsp;</p> <p>3:01 Industry potential 🚀&nbsp;</p> <p>3:40 Financials&nbsp;</p> <p>5:22 Conclusion 🔥</p> <p>Looking into the future, this company will most likely be unprofitable for many years because it's pursuing such a high level of growth. If we compare very good butchers stock to #beyondmeat stock. At their offering, beyond meat had a 26 times revenue to market cap ratio. In contrast, very good butchers are at around 4 times that amount. Needless to say, at the current stock price, it is very overvalued. Although the company is overvalued right now, it has extreme growth potential. If we look at the trend with the transition to plant-based diet's in the near future, this small Canadian company is set to capitalize on that opportunity. The fact that it is using its cash from the I P O, to fund their growth nationally is a very good thing. #Verygoodbutcher stock is very volatile at the moment, and quite notable share dilution is on the horizon. I’m staying away for now. But I would definitely buy some around the 2 dollar range for the canadian version of the stock. The stock is hot right now, but it definitely has the potential to cool down, especially after having seen such an aggressive pop.</p>