… 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). The first entry on this list of vegan stocks to buy is the most well known vegan stock of them all: Beyond Meat. The community is currently still undecided about Burcon Nutrascience Corp. with 2 Buy predictions and 0 Sell predictions. Cookies are used to offer you a better browsing experience and to analyze our traffic. For years, Americans have been obsessed with their meat. 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. Competition will arrive over the next few years. 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. 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. Plant protein extraction is very hard to do. Rachelle Catellier Regulatory and Logistics Specialist St-Pierre-Jolys, MB. Burcon says how excited they are they have entered a joint venture partnership called Merit Functional Foods Corporation, and they will build a … 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. Rachelle Catellier. You are already a member! 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. 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. A much smaller name in the vegan revolution, Else Nutrition is specialized on the plant-based food transition in the infant nutrition market. Tel (604) 888-5267 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. 2021 InvestorPlace Media, LLC. Its entire portfolio aligns with a number of consumer label preferences, including allergen-free, gluten-free, non-dairy, non-GMO, non-soy and vegan. That’s why Laird’s sales have risen 2,200% from 2016 to 2019, and are up another 100%-plus in 2020 alone. But this is still just a $1.6 billion company in the early innings of disrupting the $55 billion U.S. frozen foods markets. Because they look at animal-based meat through this entirely different lens, they’ve shunned meat-eating. So far in 2020, sales are up more than 30%. View the. By providing my email, I consent to receiving messages from Stockhouse. About Merit Functional Foods. 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. Senior Project Engineer at Merit Functional Foods Canada. 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). We will not release or resell your information to third parties without your permission. In August, Else Nutrition brought to market, for the first time ever, a plant-based toddler milk formula, comprised of almonds, buckwheat and tapioca. Vancouver, August 27, 2020 - Burcon NutraScience Corporation ("Burcon") (TSX:BU, OTCQB:BUROF), 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") … Last, but not least, on this list of vegan stocks to buy is freshly public Laird Superfood. Financial Market Data powered by QuoteMedia. Forward-Looking Information Cautionary Statement. 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). Merit Functional Foods Corporation (Corporation Number: 11412728) was incorporated on 2019-05-15 in Canada. What is Burcon Nutrascience Corp. stock price? 1125 N. Charles St, Baltimore, MD 21201. 40% of the issued and outstanding shares of Merit Functional Foods Corporation (formerly Burcon Functional Foods Corporation). The Company's current operating status is Active 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. If that does happen, tiny VRYYF stock could turn into a multi-bagger. Nasdaq Details on Merit Functional Foods Corp raising funds on Friday, August 28th from Bunge. 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. 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. Applied to the food world, this philosophy has one straightforward takeaway: Buy vegan stocks. As it does, MLFNF stock will keep pushing higher. 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. Now, for a limited time, you can get in for just $19. By providing my email, I consent to receiving investment related electronic messages from Stockhouse. 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. "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.". Company profile page for Merit Foods LLC including stock price, company news, press releases, executives, board members, and contact information At Merit Functional Foods, we’re making plant protein, pure and simple. 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. The plant-based meat maker is — for all intents and purposes — the face of the vegan revolution. The company has leveraged enormous growth in 2020 — sales are up 226% so far in 2020, including 395% revenue growth last quarter — to successfully raise a bunch of capital, which the company has committed to opening up two new production facilities: a 10,000 square foot facility in Vancouver and a 25,000 square foot facility in California. Click here to find out how. Producer of food based in Winnipeg, Canada. On 2021-01-08, Burcon Nutrascience Corp. (BU-T) stock … They make all of their meat in a 4,000 square foot production facility in Victoria. Beyond Meat should be able to leverage its first-mover’s advantage, strong brand equity and awareness, advanced faux meat construction process, robust production capabilities and widespread fast-food and grocery store distribution to sustain leadership in the vegan meat market over the next several years. Merit Functional Foods Corp. Winnipeg plant gets $100M in federal financing to pull protein from peas, canola. On January 19 at 4 p.m. All just to produce a piece of meat that is actually pretty bad for your heart and liver. | 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 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. The results of this plant-based blitz are in the numbers. 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. The New Daily 10X Stock Report: Dozens of triple-digit winners, peak gains as high as 926%… 1,326%… and 1,392%. The TSX has not reviewed and does not accept responsibility for the adequacy of the content of the information contained herein. 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. 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. NAI500 Special Report: EV Battery Tech Went Up 487.5% in One Week! Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation. Manager, Business Development MERIT FUNCTIONAL FOODS In 2019, Burcon established Merit Functional Foods Corporation in a joint venture with three veteran food industry executives. In the last 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 … This facility will give Burcon the means and resources to start producing, at scale, plant protein for Nestle. 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 capability to produce food grade canola proteins. 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 … Please go to the link in the email message to retrieve your password. Burcon JV Company, Merit Functional Foods, Partners with Bunge to Bring Pea and Canola Protein to Market. The sources covered are … Thus, over the next several quarters, you will likely see Burcon’s pea and canola proteins start to appear in Nestle food and drinks. In 2019, Merit Functional Foods Corporation was established in a joint venture by Burcon and three veteran food industry executives. In 2019, Merit Functional Foods Corporation was established in a joint venture by Burcon and three veteran food industry executives. Merit Foods is building a state-of-the-art protein production facility in Manitoba, Canada, where it will produce, under … Plant protein, pure and simple. www.burcon.ca, Media Contact: 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. 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 … But today’s youth view meat-eating through an entirely different lens. Twitter; Facebook; LinkedIn; GooglePlus; Pinterest; Jun 23 2020 13:00 BST Source: EQS. Burcon JV Company, Merit Functional Foods, Partners with Bunge to Bring Pea and Canola Protein to Market Newsfile Thu, Aug. 27, 2020 Burcon Agrees … 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. 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. Merit Foods is building a state-of-the-art protein production facility in Manitoba, Canada, where it will produce, under … To that extent, LSF stocks looks like a long-term winner. Merit Functional Foods Expanding Production Capacity Arranges $85 Million Debt Financing PackageVancouver, May 4, 2020 / - Burcon NutraScience Corporation ("Burcon") (TSX:BU, OTCQB:BUROF), a global technology leader in the … These two new products should see enormous uptake over the next several years, mostly because the generation of young consumers born post-1995 who are exceptionally plant-forward, are also the generation of consumers that are becoming or will become parents over the next decade. 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 … Merit Foods is building a state-of-the-art protein production facility in Manitoba, Canada, where it will produce, under … Editor’s note: ‘7 Vegan Stocks to Buy for the Future of Food’ was previously published in October 2020. On the date of publication, Luke Lango did not have (either directly or indirectly) any positions in the securities mentioned in this article. Merit Functional Foods In 2019, Burcon established Merit Functional Foods Corporation in a joint venture with three veteran food industry executives. Merit Functional Foods is building a 94,000 square foot production facility in Winnipeg to produce high quality pea and canola proteins. Maple Leaf is a Canadian packaged foods company with an assortment of frozen and refrigerated meats products under various brands, like Maple Leaf sausages, Schenider’s salami plates, or Swift’s chicken pot pies. Please enter your password to sign in. 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. For more information visit www.burcon.ca. Because of this, the company has signed a big partnership with the world’s largest food and beverage company, Nestle. The company offers pea-protein and canola-protein products. Merit Functional Foods General Information Description. 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. Buzz on the Bullboards: The Return of Crypto? Get the latest stock price for Burcon Nutrascience Corporation (BU), plus the latest news, recent trades, charting, insider activity, and analyst ratings. It is regularly updated to include the most relevant information. By uncovering early investments in hypergrowth industries, Luke Lango puts you on the ground-floor of world-changing megatrends. Steak and potatoes; burgers; hot dogs. Paul Lam 7 Vegan Stocks to Buy Now for the Future of Food, driving force of the global consumer economy, Beyond Meat’s Partnership With Taco Bell Underscores Why BYND Stock Is a Buy, 17 Stocks to Buy to Play the Shift to Transportation 2.0, Intel CEO Switch Means Better Days Ahead for INTC Stock, 3 Psychedelic Stocks to Buy for HUGE Gains in the Shroom Boom, 7 Explosive Cryptocurrencies to Buy After the Bitcoin Halvening, Here’s Why Shopify Stock Is a Great Buy Right Now, It’s Best to Leave Sundial Stock for the Gamblers, The Very Good Food Company Is a 10X Stock in the Making. In addition, you can sign up for Luke’s free Hypergrowth Investing newsletter. In 2019, Merit Functional Foods Corporation was established in a joint venture by Burcon and three veteran food industry executives. 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. All rights reserved. Merit Foods is building a state-of-the-art protein production facility in Manitoba, Canada, where it will produce, under … The company’s product portfolio is basically the dream freezer of your typical health-conscious, eco-sensitive, time-constrained Millennial and Gen Z consumer. My investment philosophy is simple. 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. Nestlé has entered into a joint collaboration with Merit Functional Foods and its technology partner Burcon NutraScience to utilise their plant-based proteins. The joint venture became Merit Functional Foods, which has an exclusive 20-year royalty-bearing license agreement with Burcon for the production, sale, … The interest free loan, repayable over 10 years, was approved under Agriculture and Agri-Food Canada's AgriInnovate Program. Merit has now secured a combined $95 million debt financing package from a consortium of lenders including Export Development Canada, Farm Credit Canada, Agriculture and Agri-Food Canada, and the Canadian Imperial Bank of Commerce. Merit Functional Foods … On May 15, 2019, Burcon Functional Foods Corporation was incorporated under the Canada Business Corporations Act. Producer of food based in Winnipeg, Canada. 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. Else Nutrition presently offers the only plant-based toddler milk formula in the North American market. Burcon JV Company Merit Functional Foods Secures Additional $10 Million Funding Burcon JV Company Merit Functional Foods Secures Additional $10 Million Funding Jun. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Burcon Announces Results of Shareholder Meeting. All rights reserved. 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. 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. This press release contains forward-looking statements or forward-looking information within the meaning of the U.S. 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. We also use them to share usage information with our. DGAP-News: Burcon NutraScience Corp.: Merit Functional Foods Receives Co-Investment from Protein Industries Canada Merit Foods is building a state-of-the-art protein production facility in Manitoba, Canada, where it will produce, under … Oat protein. 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. 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. TECH@CCOM-PR.COM, To view the source version of this press release, please visit https://www.newsfilecorp.com/release/58255, Get the latest news and updates from Stockhouse on social media, Stockhouse.com use cookies on this site. Tel (604) 733-0896, Toll-free (888) 408-7960 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 Functional Foods General Information Description. Merit Foods is building a state-of-the-art protein production facility in Manitoba, Canada, where it will produce, under … Article printed from InvestorPlace Media, https://investorplace.com/hypergrowthinvesting/2020/12/vegan-stocks-to-buy-for-the-future-of-eating/. 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. Think soy protein. 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, … These are classic American meals that defined eating throughout the 20th Century. The Fintech Co. that’s Making a Real Difference in the Wake of COVID, AgraFlora Expects to Enter Edibles Market in Q1 of 2021. 22, 2020 at 2:42 p.m. Another way to play the vegan revolution in frozen foods is by buying Maple Leaf Foods. 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. This growth narrative acceleration will persist for the foreseeable future. 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. Although Burcon believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance, and accordingly, investors should not rely on such statements. 1125 N. Charles St, Baltimore, MD 21201. 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. InvestorPlace’s bold new initiative delivers one breakthrough stock recommendation every trading day, targeting gains of 5X… 10X… even 15X and beyond. The report also analyzes the global functional foods and beverages market in terms of source, ingredient, function and regions. The company offers pea-protein and canola-protein products. plam@burcon.ca 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"). Merit Functional Foods | 4,151 followers on LinkedIn. WHICH METAL WILL SHINE IN 2021? In late 2020, the company — alongside its JV, Merit Functional Foods — will bring online a massive pea and canola protein production facility in Canada. The Very Good Food Company could be it. 0 stock analysts on Stockchase covered Burcon Nutrascience Corp. All statements other than statements of historical fact included in this release are forward-looking statements, including, without limitation, statements regarding the expected use of proceeds contained in this press release. Stay on top of sector specific news, get industry leaders insights and our best content, delivered to your email. Their business is recorded as Not available. Find the latest BURCON NUTRASCIENCE CORP (BUROF) stock quote, history, news and other vital information to help you with your stock trading and investing. In 2019, Merit Functional Foods Corporation was established in a joint venture by Burcon and three veteran food industry executives. 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. Steve Campbell, APR This financing will further support Merit Functional Foods' growth plans and allow for expansion of their pea and canola protein capacity. Its name was changed to Merit Functional Foods Corporation on June 20, 2019. 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.