The Very Good Food Company Inc. provided a production and facility update after recently announcing the upcoming launch of its new Butcher's Select line of gluten and soy-free plant-based meats available this summer. The company announced to report that its first production line at its Rupert facility, located in Vancouver, Canada, is now producing four times the daily production volume of the Company's Victoria facility. Line 1 was commissioned in April 2021 with some food production starting in May. Currently operating five days a week with three shifts per day, Line 1 will be producing an average of 13,000 lbs per day starting in August. Production volume is rapidly increasing week over week from continuous operational and process improvements in conjunction with increased production hours. Line 1 is fully operational and mainly produces The Very Good Butchers original suite of products. The Company expects the ramp up of capacity of Line 1 to continue into the fall as it targets 40,000 lbs per day on average starting in Fourth Quarter 2021; gradually increasing to an average of 60,000 lbs per day in early First Quarter 2022. This additional capacity will support the increasing demand for VERY GOOD's products which have an average sales price of CAD 14 per lb in e-Commerce and CAD 7 per lb in wholesale. The company will be commissioning its second production line at the Rupert facility in Fourth Quarter 2021 which will be dedicated to the production of its new highly anticipated gluten and soy-free Butcher's Select Line. The new product line will diversify the company's portfolio of plant-based meats and position The Very Good Butchers brand in the meat substitute category which has been largely dominated by Beyond Meat and Impossible Foods. Line 2 will also allow for expansion into the North American food service channel. The company recently partnered with Copper Branch, the plant-based restaurant franchise with over 40 locations across North America, and with Fresh Prep, the Vancouver-based homegrown meal kit company.