Agronomics, a leading investor in cultivated meat and alternative protein, based in the UK’s Isle of Man, announces a $5 million subscription with cellular aquaculture specialist BlueNalu, stating it will be paid using cash from its own resources.
Eat Beyond Global Holdings Inc, an investment issuer focused on the global plant-based and alternative food sector, is announcing that it has received approval to list its common shares on the Canadian Securities Exchange (the “CSE”). The common shares will commence trading under the trading symbol “EATS” today, November 17, 2020.
Beyond Meat has announced that its plant-based burgers and meatballs will be sold at CVS pharmacies across the US from January. The burgers will be available at 7,000 locations, while the meatballs will be stocked at 5,000 stores. Beyond has also hinted that its other products may eventually be stocked by the chain.
Scandi Standard, the leading producer of chicken products in the Nordic region and Ireland, just announced a partnership with the Swedish food development company Veg of Lund, which is best- known for its smoothies. Together they want to develop an innovative chicken alternative based on locally produced potatoes.
The trial that was taking place in McDonalds Canada for the offering of a plantbased burger called the PLT, containing a Beyond Meat patty, has come to what both parties are referring to as a natural conclusion. According to CNBC, shares of Beyond Meat fell 7% in morning trading and McDonald’s stock was trading down 1%.
Following the success of Beyond Meat’s IPO last year, The Very Good Food Company (VGF) was the second plant-based company to successfully launch onto the stock market when it began trade began under the ticker “VERY” on 18th June. Investor Eat Beyond Global Holdings has announced it has already seen a 790% increase in share price.