News & Analysis on Food & Beverage Development & Technology
Meati Foods – which is carving out new territory in the meat-alternative space with a fungi-based platform capable of producing ‘steaks’ and other whole cuts – has raised $28m in a Series A round led by Acre Venture Partners.
Amazon posted $96.1bn in net sales in Q3 2020 (ended Sept. 30, 2020), a 37% increase compared to Q3 2019.
Encouraged by strong third-quarter sales online and in stores as well as net sales in the period that grew twice that of a year ago, Sprouts Farmers Market is “financially stronger than ever,” and on track to double its business by 2025, according to the...
Proposed rules regulating the sale of ingestible products containing hemp-derived cannabinoids in New York have been hailed as “pragmatic” and “rational” by brands attempting to navigate the regulatory minefield in the absence of federal regulations.