The Israeli-based company is also in the process of bringing to market a similar plant-based milk formula for newborns and babies (under one years-old). Merit Functional Foods Corporation. Laird Superfood’s signature product — the Original Superfood Creamer — has been very well received by the public for its clean label, solid energy-boost and authentic flavor which integrates seamlessly with coffee. When I first recommended The Very Good Food Company, it was a relatively unknown $80 million Canadian vegan meat company. https://www.newsfilecorp.com/release/58255, Stockhouse @ the Bell: TSX Jumps as Loonie Takes Flight, Stockhouse @ the Bell: TSX down, US Markets Mixed, Stockhouse @ the Bell: TSX Higher on Oil Rise, US Markets Climb, Axion Ventures Appoints Director on Behalf of True Corporation, Drone Delivery Canada Announces No Material Change. Editor’s note: ‘7 Vegan Stocks to Buy for the Future of Food’ was previously published in October 2020. Merit Foods is building a state-of-the-art protein production facility in Manitoba, Canada, where it will produce, under … DGAP-News: Burcon NutraScience Corp. / Key word(s): Alliance 28.08.2020 / 12:10 The issuer is solely responsible for the content of this announcement. Today, it is a $481 million company, making everything from vegan burgers and sausages to taco mix, steak and bacon, and selling those products under The Very Good Butcher brand. The company’s meat-less burgers, sausages and other meat products are served fresh through various fast food chains — like Blaze Pizza, Burger King, Carl’s Jr and Del Taco — and packaged through various grocery stores. Else Nutrition presently offers the only plant-based toddler milk formula in the North American market. ImagineAR Brings Augmented Reality to Liquid Avatar’s Verified Self Sovereign Identity Users, Vanadium One’s Mont Sorcier Project Diamond Drilling Completed Ahead of Schedule in Q4 2020. Senior Project Engineer at Merit Functional Foods Canada. A much smaller name in the vegan revolution, Else Nutrition is specialized on the plant-based food transition in the infant nutrition market. The first entry on this list of vegan stocks to buy is the most well known vegan stock of them all: Beyond Meat. As the market gets “veganized” over the next five to ten years, TTCF stock will surge higher. Burcon Announces Results of Shareholder Meeting. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements or information. All rights reserved. Established in 2019, Merit Functional Foods is committed to exceeding expectations for plant-based protein, providing the market with the highest quality protein ingredients and blends that offer unmatched purity, exceptional taste, and excellent solubility. Merit Foods is building a state-of-the-art protein production facility in Manitoba, Canada, where it will produce, under license, Burcon's novel pea and canola protein ingredients. Burcon JV Company, Merit Functional Foods, Partners with Bunge to Bring Pea and Canola Protein to Market. Buzz on the Bullboards: The Return of Crypto? My investment philosophy is simple. Nestlé has entered into a joint collaboration with Merit Functional Foods and its technology partner Burcon NutraScience to utilise their plant-based proteins. In 2019, Merit Functional Foods Corporation was established in a joint venture by Burcon and three veteran food industry executives. Cookies are used to offer you a better browsing experience and to analyze our traffic. Merit Functional Foods Corp. Winnipeg plant gets $100M in federal financing to pull protein from peas, canola. Get the latest stock price for Burcon Nutrascience Corporation (BU), plus the latest news, recent trades, charting, insider activity, and analyst ratings. Last, but not least, on this list of vegan stocks to buy is freshly public Laird Superfood. Its entire portfolio aligns with a number of consumer label preferences, including allergen-free, gluten-free, non-dairy, non-GMO, non-soy and vegan. Unfortunately, the company is supply constrained. Forward looking statements or forward-looking information can be identified by words such as "anticipate," "intend," "plan," "goal," "project," "estimate," "expect," "believe", "future," "likely," "may," "should," "could", "will" and similar references to future periods. If that does happen, tiny VRYYF stock could turn into a multi-bagger. As they do, these health-conscious parents who are already eating a plant-forward diet, will very likely choose a plant-forward diet for their little ones as well. The lone financials stock recommended is ONEX Corp. with a ... Burcon licensed its pea and canola proteins to Merit Functional Foods, a JV [joint venture] of … About Merit Functional Foods. Because of this, the company has signed a big partnership with the world’s largest food and beverage company, Nestle. Burcon JV Company, Merit Functional Foods, Partners with Bunge to Bring Pea and Canola Protein to MarketVancouver, August 27, 2020 - Burcon NutraScience Corporation ("Burcon") (TSX:BU, OTCQB:BUROF), a global technology leader in … Established in 2019, Merit Functional Foods is committed to exceeding expectations for plant-based protein, providing the market with the highest quality protein ingredients and blends that offer unmatched purity, exceptional taste, and excellent solubility. Indeed, I see Beyond Meat as the Tesla (NASDAQ:TSLA) of vegan meat. All rights reserved. In 2019, Merit Functional Foods Corporation was established in a joint venture by Burcon and three veteran food industry executives. But, in 2019, Maple Leaf began an all-out blitz into the plant-based food category with two vegan food brands the company acquired back in 2017: Lightlife and Roast Fields. Plant-based food is the future of eating — and over the next decade, the enormous legacy animal-based foods industry is going to be entirely disrupted by emerging plant-based foods companies that are winning over the hearts (and wallets) of young consumers (who, for what its worth, are becoming the driving force of the global consumer economy). Burcon has been in the plant protein extraction game for over 20 years, and throughout its many years, the company has developed a patented extraction process which produces functionally superior pea and canola proteins. In other words, Laird’s hyper-growth narrative is far from over, and over the next several years, this company will sustain 20%-plus revenue growth as the $3 billion creamer market is entirely uprooted by vegan creamers — of which, Laird’s Superfood Creamer should stand out given its brand, superfood ingredients and affordable price point. On May 15, 2019, Burcon Functional Foods Corporation was incorporated under the Canada Business Corporations Act. Burcon has now funded its share of the initial capital contribution to Merit Functional Foods Corporation ("Merit Foods" or "Merit") by using a portion of the net proceeds from the over-subscribed rights offering, which closed on June 25th. Steve Campbell, APR Nevada Based Integrated Cannabis Producer Reports a 61% Revenue Increase; Full Details Here! This financing will further support Merit Functional Foods' growth plans and allow for expansion of their pea and canola protein capacity. Vancouver, British Columbia--(Newsfile Corp. - June 22, 2020) - Burcon NutraScience Corporation (TSX: BU) (OTCQB: BUROF) ("Burcon"), a global technology leader in the development of plant-based proteins, is pleased to announce that its joint venture company, Merit Functional Foods Corporation ("Merit Functional Foods" or "Merit") has secured additional debt financing of $10 million in the form of a 10-year interest free loan from Agriculture and Agri-Food Canada (the "AIP Loan"). It was incorporated on 15 May 2019 (Wednesday) in Canada and as of 15 May 2019 (Wednesday) is an active company. These new facilities give the company the resources and manufacturing abilities to take what they’ve done in Canada, and replicate that success on a bigger level. Burcon expects that the $4 million guarantee Burcon previously provided to help facilitate Merit's debt financing, will be released in stages over time as Merit draws down on the $10 million AIP Loan announced today. It is a trending stock that is worth watching. You are already a member! Steak and potatoes; burgers; hot dogs. The interest free loan, repayable over 10 years, was approved under Agriculture and Agri-Food Canada's AgriInnovate Program. And a YouGov poll found that one out of five young people believe that the future of eating is meat-free. But Else should be able to leverage first-mover’s advantage, purpose-driven branding and specialization in this space to forever remain an important player in the market — meaning that small-cap BABYF stock could soar between now and 2025. DGAP-News: Burcon NutraScience Corp.: Merit Functional Foods Receives Co-Investment from Protein Industries Canada Merit Functional Foods is building a 94,000 square foot production facility in Winnipeg, Manitoba to produce high quality pea and canola proteins. Merit Foods is building a state-of-the-art protein production facility in Manitoba, Canada, where it will produce, under … NAI500 Special Report: EV Battery Tech Went Up 487.5% in One Week! Any forward-looking statement or information only speaks as of the date on which it was made and, except as may be required by applicable securities laws, Burcon disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise. Burcon is a global technology leader in the development of plant-based proteins. DGAP-News: Burcon NutraScience Corp. / Key word(s): Alliance Burcon JV Company, Merit Functional Foods, Partners with Bunge to Bring Pea and Canola Protein to In 2019, Merit Functional Foods Corporation was established in a joint venture by Burcon and three veteran food industry executives. This growth narrative acceleration will persist for the foreseeable future. 2021 InvestorPlace Media, LLC. Click here to find out how. In 2019, Maple Leaf’s newly established Plant Protein Group reported 27% sales growth. The company offers pea-protein and canola-protein products. … Click here to sign up now. Merit Foods is building a state-of-the-art protein production facility in Manitoba, Canada, where it will produce, under license, Burcon's novel pea and canola protein ingredients. Merit Functional Foods Corp. plans to have its new 94,000-square-foot production plant at Winnipeg's Centreport running by the end of the year. The lone financials stock recommended is ONEX Corp. with a ... Burcon licensed its pea and canola proteins to Merit Functional Foods, a JV [joint venture] of … ET, the man who recommended Google before anyone else will reveal his #1 stock pick for 2021 — for FREE — ticker symbol and all — in a special presentation. "With today's announcement, Merit has further strengthened its financial position as it drives forward to complete its state-of-the-art plant protein production facility in Winnipeg," said Johann F. Tergesen, Burcon's president and chief executive officer, adding, "Merit fully anticipates future increases in demand and is well positioned to increase planned capacity when the time is right.". Merit Foods aims to be the best local independent family owned full-line food Distribution Company in Arizona. By providing my email, I consent to receiving investment related electronic messages from Stockhouse. That’s why Laird’s sales have risen 2,200% from 2016 to 2019, and are up another 100%-plus in 2020 alone. InvestorPlace’s bold new initiative delivers one breakthrough stock recommendation every trading day, targeting gains of 5X… 10X… even 15X and beyond. Established in 2019, Merit Functional Foods is committed to exceeding expectations for plant-based protein, providing the market with the highest quality protein ingredients and blends that offer unmatched purity, exceptional taste, and excellent solubility. Stay on top of sector specific news, get industry leaders insights and our best content, delivered to your email. In 2019, Merit Functional Foods Corporation was established in a joint venture by Burcon and three veteran food industry executives. Burcon Nutrascience Corp. took a tumble today and lost -€0.086 (-5.770%). This facility will give Burcon the means and resources to start producing, at scale, plant protein for Nestle. Merit's product portfolio currently consists of three product family offerings: pea protein, non-GMO canola protein, and MeritPro™, a unique lineup of nutritionally complete protein blends. 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