Burcon JV Company, Merit Functional Foods, Partners with Bunge to Bring Pea and Canola Protein to Market Newsfile Thu, Aug. 27, 2020 Burcon Agrees … In addition, you can sign up for Luke’s free Hypergrowth Investing newsletter. These are classic American meals that defined eating throughout the 20th Century. Details on Merit Functional Foods Corp: funding history, funding news, description, investors (Bunge) and more. Burcon says how excited they are they have entered a joint venture partnership called Merit Functional Foods Corporation, and they will build a … Looking for the next Beyond Meat? Meanwhile, a survey from The Food Institute found that 65% of Generation Z Americans want a more “plant-forward” diet, while 79% choose to go meatless one or two times a week. 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. In the last year. We also use them to share usage information with our. This facility will give Burcon the means and resources to start producing, at scale, plant protein for Nestle. Campbell & Company Public Relations 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. DGAP-News: Burcon NutraScience Corp.: Merit Functional Foods Receives Co-Investment from Protein Industries Canada In 2019, Maple Leaf’s newly established Plant Protein Group reported 27% sales growth. To that extent, BYND stock has huge long-term upside potential. In 2019, Merit Functional Foods Corporation was established in a joint venture by Burcon and three veteran food industry executives. The interest free loan, repayable over 10 years, was approved under Agriculture and Agri-Food Canada's AgriInnovate Program. Vancouver, British Columbia--(Newsfile Corp. - September 18, 2020) - Burcon NutraScience Corporation (TSX: BU) (OTCQB: BUROF) a global technology leader in the development of plant-based proteins, is pleased to announce the results from its 2020 annual meeting of shareholders (the "Meeting") held on September 17, 2020. With all of its financing now in place, Merit Functional Foods is poised to enter a burgeoning market for plant-based protein additives with the only canola protein offering on the market. Merit Foods is building a 94,000 square foot production facility in Manitoba, Canada to produce, under license, Burcon’s novel pea and canola protein ingredients. Thus, over the next several quarters, you will likely see Burcon’s pea and canola proteins start to appear in Nestle food and drinks. Nasdaq 0 stock analysts on Stockchase covered Burcon Nutrascience Corp. This growth narrative acceleration will persist for the foreseeable future. In other words, it’s time to buy vegan stocks — and the best vegan stocks to buy today are: The first entry on this list of vegan stocks to buy is the most well known vegan stock of them all: Beyond Meat. WHICH METAL WILL SHINE IN 2021? Dan Kraft. Copyright © "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.". In other words, the Very Good Food Company is a high-quality supplier for vegan meat — and maybe even the highest-quality supplier out there. With over 285 issued patents and more than 250 additional patent applications, that have been developed over a span of more than twenty years, Burcon has grown an extensive portfolio of composition, application, and process patents covering novel plant-based proteins derived from pea, canola, soy, hemp, sunflower seed and more. For more information visit www.burcon.ca. Many customers view these products as some of the best vegan meat products in the market, with superior taste and texture compared to even products made by Beyond Meat. We will not release or resell your information to third parties without your permission. Burcon Announces Results of Shareholder Meeting. 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. MERIT FUNCTIONAL FOODS In 2019, Burcon established Merit Functional Foods Corporation in a joint venture with three veteran food industry executives. The state-of-the-art facility, which is scheduled to be completed in Q4 2020 will be the only commercial facility in the world with the … The Company's current operating status is Active So hard that big companies like Beyond Meat and Impossible Foods outsource it to plant protein suppliers. Invest in today, what is going to be big tomorrow. By continuing to use our service, you agree to our use of cookies. As it does, MLFNF stock will keep pushing higher. 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 aims to be the best local independent family owned full-line food Distribution Company in Arizona. Of course, this has led to an acceleration in the company’s overall growth narrative, where sales have gone from rising 6% over three years between 2015 and 2018, to soaring 13% in one year in 2019. plam@burcon.ca 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. Vancouver, British Columbia--(Newsfile Corp. - August 27, 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 Foods" or "Merit") has received a $30 million investment from a new equity partner, … According to a Utopia survey of 18 to 24 year-olds in Germany, more than half of those surveyed have given up eating meat. Burcon NutraScience Corporation That means that while the company is killing it on the west coast of Canada, they have limited presence elsewhere. The New Daily 10X Stock Report: Dozens of triple-digit winners, peak gains as high as 926%… 1,326%… and 1,392%. The Very Good Food Company could be it. Merit Functional Foods General Information Description. In 2019, Merit Functional Foods Corporation was established in a joint venture by Burcon and three veteran food industry executives. 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. Please enter your password to sign in. The results of this plant-based blitz are in the numbers. Vancouver, British Columbia--(Newsfile Corp. - September 18, 2020) - Burcon NutraScience Corporation (TSX: BU) (OTCQB: BUROF) a global technology leader in the development of plant-based proteins, is pleased to announce the results from its 2020 annual meeting of shareholders (the "Meeting") held on September 17, 2020. The first entry on this list of vegan stocks to buy is the most well known vegan stock of them all: Beyond Meat. Burcon JV Company Merit Functional Foods Secures Additional $10 Million Funding Burcon JV Company Merit Functional Foods Secures Additional $10 Million Funding Jun. CLARISOY is a trademark of Archer Daniels Midland Company. 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. Rachelle Catellier. 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. As the market gets “veganized” over the next five to ten years, TTCF stock will surge higher. All rights reserved. Oat protein. Dan Kraft Vice President Operations at Merit Functional Foods Winnipeg, MB. Buzz on the Bullboards: The Return of Crypto? Producer of food based in Winnipeg, Canada. In 2019, Merit Functional Foods Corporation was established in a joint venture by Burcon and three veteran food industry executives. Because they look at animal-based meat through this entirely different lens, they’ve shunned meat-eating. Last, but not least, on this list of vegan stocks to buy is freshly public Laird Superfood. In 2019, Merit Functional Foods Corporation was established in a joint venture by Burcon and three veteran food industry executives. 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 … From dairy alternatives to free-from supplements, to functional snacks, beverages, foods, and beyond – our researchers and developers at Merit see countless application possibilities and treat each one as an opportunity to serve our partners and their customers better. They make all of their meat in a 4,000 square foot production facility in Victoria. The report also analyzes the global functional foods and beverages market in terms of source, ingredient, function and regions. As that happens, tiny BUROF stock could soar, starting what could be a multi-year ramp in the stock as its presence continues to expand across the vegan food markets. 22, 2020 at 2:42 p.m. Its entire portfolio aligns with a number of consumer label preferences, including allergen-free, gluten-free, non-dairy, non-GMO, non-soy and vegan. By providing my email, I consent to receiving messages from Stockhouse. Burcon JV Company, Merit Functional Foods, Partners with Bunge to Bring Pea and Canola Protein to Market. Merit Functional Foods … 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. Merit Functional Foods Corporation (Corporation Number: 11412728) was incorporated on 2019-05-15 in Canada. Applied to the food world, this philosophy has one straightforward takeaway: Buy vegan stocks. Read more: * Nestle's news release * Merit's news release About Merit Functional Foods Corporation Established in 2019, Merit Functional Foods is … Think soy protein. The community is currently still undecided about Burcon Nutrascience Corp. with 2 Buy predictions and 0 Sell predictions. As an alternative to the large national food distributors, we aim to enhance your business through strong personal relationships, competitive pricing, and … Beyond Tesla: Introducing the Future of EV Charging, Meet the Junior Mining Exploration Co. That’s Exploring for Gold and Lithium, Psychedelic Leader to Advance Mental Health in 2021 with Growth of Clinics, Lab and Partnerships, The StockTalk Cannabis Report: Jan 15, 2021, Stratabound Options A New Property Near Yukon Gold Project. Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation. Cookies are used to offer you a better browsing experience and to analyze our traffic. The company’s best sellers include organic acai bowls, cauliflower pizza, Mexican street corn, cauliflower stir-fry, zucchini spirals, organic mac and cheese, so on and so forth. On the date of publication, Luke Lango did not have (either directly or indirectly) any positions in the securities mentioned in this article. At Merit Functional Foods, we’re making plant protein, pure and simple. Plant protein, pure and simple. Merit Functional Foods | 4,151 followers on LinkedIn. On May 15, 2019, Burcon Functional Foods Corporation was incorporated under the Canada Business Corporations Act. Article printed from InvestorPlace Media, https://investorplace.com/hypergrowthinvesting/2020/12/vegan-stocks-to-buy-for-the-future-of-eating/. In August, Else Nutrition brought to market, for the first time ever, a plant-based toddler milk formula, comprised of almonds, buckwheat and tapioca. 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. By providing my email, I consent to receiving investment related electronic messages from Stockhouse. ST. LOUIS — Bunge Ltd. has made a $300 million capital investment in Merit Functional Foods, giving the ingredient supplier a minority interest in the Canadian-based company. Merit Foods is building a state-of-the-art protein production facility in Manitoba, Canada, where it will produce, under … This press release contains forward-looking statements or forward-looking information within the meaning of the U.S. 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. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Specifically, in 2019, Maple Leaf created a separate subdivision for those brands – called Greenleaf, with its own reporting segment, Plant Protein Group – and aggressively upped marketing and advertising spend for those brands, while committing to broader distribution deals and building out a huge 230,000 square foot manufacturing facility in Indiana dedicated entirely to plant-based food processing and packaging. … Merit Functional Foods In 2019, Burcon established Merit Functional Foods Corporation in a joint venture with three veteran food industry executives. www.burcon.ca, Media Contact: An email was sent with password retrieval instructions. In 2019, Merit Functional Foods Corporation was established in a joint venture by Burcon and three veteran food industry executives. It’s no wonder that as these consumers have become more plant-forward and garnered more purchasing power, Tattooed Chef’s sales have soared — by 47% in 2018, 77% in 2019 and another 101% so far in 2020. InvestmentPitch Media Video Discusses ProStar Holdings, whose Software has... Record Cryptocurrency Orders Processes & Two News Partnerships - MUST SEE V.BNXA, Global Leader in Swiss Hosted Software Co Readies Latin America Launch of SekurMessenger; Aims to Replace WhatsApp for Business, Newly Listed and New Discovery in Quebec: 29.08m at 8.47g/t Au including 11.13m @ 18.43g/t Au, Nevada Based Gold Explorer Announces Positive Drill Results Towards Another Potential Discovery, Producer of 4% of Worlds Tin Achieves Record Production; Provides Update on Growth Initiatives, Our Mill Will Reduce Processing Costs by ~33% and Trucking Costs by ~75% - Full 2021 Update 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"). In 2019, Merit Functional Foods Corporation was established in a joint venture by Burcon and three veteran food industry executives. That special concoction — which includes a mix of coconut, plant-based fats and a mineral-rich, superfood algae called Aquamin — has given birth to Laird’s own vegan foods company, Laird Superfood. Merit Foods is building a state-of-the-art protein production facility in Manitoba, Canada, where it will produce, under … But those sales sit at a little more than $20 million today, and the creamer market in the U.S. alone measures around $3 billion. Click here to find out how. By uncovering early investments in hypergrowth industries, Luke Lango puts you on the ground-floor of world-changing megatrends. The plant-based meat maker is — for all intents and purposes — the face of the vegan revolution. DGAP-News: Burcon NutraScience Corp. / Key word(s): Financing 04.05.2020 / 18:15 The issuer is solely responsible for the content of this announcement. 2021 InvestorPlace Media, LLC. Steak and potatoes; burgers; hot dogs. Important factors that could cause actual results to differ materially from Burcon's plans and expectations include the actual results of business negotiations, marketing activities, adverse general economic, market or business conditions, regulatory changes and other risks and factors detailed herein and from time to time in the filings made by Burcon with securities regulators and stock exchanges, including in the section entitled "Risk Factors" in Burcon's annual information form dated June 28, 2019 filed with the Canadian securities administrators on www.sedar.com. Steve Campbell, APR Merit Functional Foods is building a 94,000 square foot production facility in Winnipeg, Manitoba to produce high quality pea and canola proteins. Other fund raisings in Consumer Products and Services, in United States. Merit Foods is building a state-of-the-art protein production facility in Manitoba, Canada, where it will produce, under … Tel (604) 733-0896, Toll-free (888) 408-7960 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. In 2019, Merit Functional Foods Corporation was established in a joint venture by Burcon and three veteran food industry executives. 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. Tattooed Chef specializes in making pre-prepared, plant-based frozen foods that are GMO-free, organic and protein-rich. 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. Another food vertical primed for disruption thanks to the vegan revolution is the frozen foods market, and the best way to play this particular disruption is by buying  Tattooed Chef stock — one of the leaders in the frozen plant-based foods category. Merit Functional Foods is committed to exceeding expectations for plant-based protein, providing the market with disruptive protein ingredient solutions that offer unmatched purity, exceptional taste, and excellent solubility. David Shambrock. Burcon Nutrascience Corp. took a tumble today and lost -€0.086 (-5.770%). Indeed, I see Beyond Meat as the Tesla (NASDAQ:TSLA) of vegan meat. Forward-Looking Information Cautionary Statement. Is Burcon Nutrascience Corp. worth watching? And a YouGov poll found that one out of five young people believe that the future of eating is meat-free. 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. Although the consumer-facing brands get all the love and attention in the vegan stocks revolution, this revolution is actually built on the back of something consumers don’t see: the complex scientific process of turning plants into faux meat – and at the heart of that process is extracting protein from plants. What is Burcon Nutrascience Corp. stock price? It is a trending stock that is worth watching. In 2019, Merit Functional Foods Corporation was established in a joint venture by Burcon and three veteran food industry executives. 1125 N. Charles St, Baltimore, MD 21201. 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 They don’t see fancy steak dinners and juicy burgers — they see lines of cows, packed into hardly livable conditions, emitting tons of methane gas every year and contributing significantly to global warming. Senior Project Engineer at Merit Functional Foods Canada. Because of this, the company has signed a big partnership with the world’s largest food and beverage company, Nestle. Merit Foods is building a state-of-the-art protein production facility in Manitoba, Canada, where it will produce, under … President In late 2020, the company — alongside its JV, Merit Functional Foods — will bring online a massive pea and canola protein production facility in Canada. Get the latest stock price for Burcon Nutrascience Corporation (BU), plus the latest news, recent trades, charting, insider activity, and analyst ratings. A much smaller name in the vegan revolution, Else Nutrition is specialized on the plant-based food transition in the infant nutrition market. 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. Merit Foods is building a 94,000 square foot production facility in Manitoba, Canada to produce, under license, Burcon’s novel pea and canola protein ingredients. Its name was changed to Merit Functional Foods Corporation on June 20, 2019. My investment philosophy is simple. For years, Americans have been obsessed with their meat. Stockhouse.com is owned by Stockhouse Publishing Ltd. © 2019 Stockhouse Publishing Ltd. All rights reserved. Find out at Ore Day on Jan 22. News links about this funding. It was incorporated on 15 May 2019 (Wednesday) in Canada and as of 15 May 2019 (Wednesday) is an active company. 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 … Very Good Food Company Inc. (CSE:VERY)(OTC:VRYYF) is pleased to announce that the Victoria Facility has met its production target of 20,000 lbs. Competition will arrive over the next few years. It is regularly updated to include the most relevant information. Merit Foods is building a state-of-the-art protein production facility in Manitoba, Canada, where it will produce, under … InvestorPlace’s bold new initiative delivers one breakthrough stock recommendation every trading day, targeting gains of 5X… 10X… even 15X and beyond. Nevada Based Integrated Cannabis Producer Reports a 61% Revenue Increase; Full Details Here! About Merit Functional Foods. All rights reserved. | Merit Functional Foods is committed to exceeding expectations for plant-based protein, providing the market with disruptive protein ingredient solutions 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. Merit Functional Foods Corporation Corporation Number: 11412728 Merit Functional Foods Corporation is a company governing under the Canada Business Corporations Act - 15 May 2019 (Wednesday). Stay on top of sector specific news, get industry leaders insights and our best content, delivered to your email. 1125 N. Charles St, Baltimore, MD 21201. NAI500 Special Report: EV Battery Tech Went Up 487.5% in One Week! So, if you’re looking for a picks-and-shovels play on the vegan revolution, plant protein suppliers are your answer, and in this space, the best pick is Burcon NutraScience. Burcon is a global technology leader in the development of plant-based proteins. Tel (604) 888-5267 Burcon NutraScience Corp. DGAP-News: Burcon JV Company Merit Functional Foods Secures Additional $10 Million Funding. On January 19 at 4 p.m. The sources covered are … Forward-looking statements or forward-looking information involve risks, uncertainties and other factors that could cause actual results, performances, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements. 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. Hard that big companies like Beyond meat as the Tesla ( NASDAQ: TSLA of. 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