CULT Food Science Corp. (CSE: CULT, OTC: CULTF) has announced the launch of CULT Foods, its new products division focused on cell-based products. This initiative aims to reduce environmental impacts associated with conventional food production, which contributes significantly to greenhouse gas emissions. The division will introduce two novel products: Zero Coffee, the first sparkling coffee made with cell-based coffee, and Free Candy, a performance gummy made with cell-based collagen. CULT aims to make sustainable, cell-based foods a part of everyday life.
CULT Food Science Corp. announced that its affiliate, MeliBio, will distribute its vegan, plant cell-based honey under the Better Foodie brand across 75,000 stores in Europe in collaboration with Narayan Foods, starting in early 2023. MeliBio's innovative honey uses precision fermentation to replicate traditional honey's taste while protecting bee populations. The company also secured an additional $2.2 million investment, raising total funding to $9.4 million. This partnership is expected to meet growing demand for sustainable food alternatives.