Margaret Coons, Nuts For Cheese

Margaret Coons ©Nuts for Cheese

Investments & Acquisitions

Nuts For Cheese Raises $5.35M for Expansion of Cashew-Based Artisan Cheese

Canada’s Nuts For Cheese, manufacturer of fermented cashew-based cheeses and butters, today announces it has closed a $5.35 million funding round led by Forage Capital Partners The investment will go towards equipment and facility enhancements, key hires, innovation and marketing initiatives. The company will also be implementing a board of directors led by Mike Fata as Chairman of the Board. Says Jim Taylor, Partner at Forage: “Forage is really excited to invest in a leading vegan cheese company that provides consumers with a real food alternative to traditional cheeses.”  Founded in 2015 by vegan chef Margaret Coons, who initially sold the cheeses in farmers’ markets, the brand expanded into more than 1,900 retail outlets in Canada and entered the US with vendors including Whole Foods …

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Margaret Coons, Nuts For Cheese

Margaret Coons ©Nuts for Cheese

Interviews

Nuts for Cheese: “Within One Year of Market Entry We Gained National Distribution With Products in 45 States”

Nuts for Cheese started life as a plant-based cheese brand when founder and CEO Margaret Coons was working as a vegan chef and used the kitchen after hours to create her own original dairy-free cheese recipes. Nuts For Cheese makes a premium, organic line of indulgent cashew cheeses, and has gone from strength to strength, recently reporting that it has seen 50% year-over-year sales growth as it increases distribution across the US. We were excited to chat with Margaret about her artisan cheeses, their rapid growth and her plans for the future.  What is the origin story of Nuts for Cheese? I started Nuts For Cheese while working as a vegan chef and introducing a plant-based cheese board to the menu. It quickly became one of our …

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Nuts for Cheese Whole Foods Market

©Nuts for Cheese

Company News

Canada’s Nuts for Cheese Reports 50% YOY Growth as US Expansion Continues to Accelerate

Nuts for Cheese, Canada’s leading manufacturer of artisan, organic dairy-free cheese, is rapidly expanding its award-winning product line across US natural channels. Boasting double-digit sales growth, the brand also plans to release its first non-dairy cream cheese in 2022.  Nuts for Cheese sells a range of innovative and versatile cheeses that can be sliced, shredded, spread or melted. Handcrafted with traditional aging techniques, its products are made from organic cashews, coconut oil and sunflower oil. Popular varieties include:  Un-Brie-Lievable (Coconut and cashew blend) Black Garlic / Smoky Gouda (Both feature vibrant, hand-painted rinds) “Super Blue” (Marbled with spirulina)  Chipotle Cheddar (A bit spicy, infused with chipotle adobo sauce)  “Exciting” launches coming The company reports it has seen 50% year-over-year sales growth as it increases distribution …

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