The Next Big Superfoods Stock – Rritual Superfoods
Adaptogenic supplements, mushrooms are a top trend in the natural products industry this year. Mushrooms generally two things, health-wise: They help with stress and boost the immune system. Mushrooms are excellent for immune system-supportive and antioxidant properties, many of them have potent antiviral and antitumor properties, while some support metabolic and inflammatory conditions such as hypertension and cholesterol. Mushrooms are the perfect food to help counteract the stress of our busy modern lives, which can be very taxing on the immune system.
Rritual is a plant-based consumer wellness brand dedicated to creating simple, pure, yet effective plant-based health products that are mindfully designed to also facilitate the practice of daily self-care, so that the health of the whole body, mind & spirit is supported.
All Rritual products are certified organic, gluten-free, vegan, and made with only non-gmo ingredients and no added sweeteners or artificial flavors of any kind.Rritual’s natural elixirs are formulated to support your physical + mental wellbeing. Our products possess unique properties to help you boost immunity, improve brain function, adapt to stress and more.
Rritual has entered the market with their flagship collection of certified organic Mushroom and Adaptogen Elixir Mix powders, offering products in the top three need-state health categories: Lion’s Mane Focus, Reishi Relax, and Chaga Immune.
Bursting with bioactive polysaccharides, Rritual’s chaga blend combines the chaga mushroom with the Eleuthero root for optimal immune system benefits.
This unique blend of lion’s mane mushroom and rhodiola root supports cognitive function and brain health, while also improving your body’s ability to manage stress.
Rich in triterpenes, polysaccharides, fatty acids and amino acids, Rritual’s reishi blend includes the Ashwagandha root to help body and mind combat anxiety. Long term use can also improve quality of sleep for restless minds.
The medicinal mushroom market is in the high growth phase of the product lifecycle and expected to witness a remarkable upsurge over the forecast period. Other converging trends that are supporting the growth of the medicinal mushrooms market are the functional food trend, ancient-eating or authentic foods of ancestor’s, eastern herbal medicine and gut-healthy products. Medicinal mushrooms happen to meet at the nexus of all these trends. The global adaptogens market’s value is anticipated to reach US$23.4B by 2030, at a CAGR of ~6.8%.
With over $8M in the till Rritual Superfoods is poised for explosive growth in 2021!!!
$RSF after it’s IPO on Monday March 8th, has performed exceptionally well, showing strong increasing waves of volume, and growing interest from retail and institutional investors alike. From its IPO price of $.40 CAD, it reached a high of $.99 CAD for a 100%+ return. Currently, it is basing out in the high $.80 cent range on steady volume, alongside a stacked bid on the market depth. This indicated that there is strong buying pressure at this level now. Coupling the fundamental projections, increasing market demand, and technical projections, the stock’s next short-term target is $1.75 CAD. As the stock continues to make higher highs, more interest and volume will continue to pour into the stock pushing it to newer and newer highs.