WINNIPEG — The stock chart for Beyond Meat Inc. is not a happy story. In October 2020, Beyond Meat was trading around US$190 per share. This winter and spring the stock was $7 to $9 per share, which means the California company is now worth about $500 million. That’s down from $12 billion in 2020. […] Read more
Tag Archives plant-based protein industry
New project puts fababeans in the spotlight
Companies sign onto Protein Industries Canada initiative to boost plant protein, and fababeans are one of the stars
Glacier FarmMedia – A new $24.5-million project backed by Protein Industries Canada includes a group of plant protein companies working to tackle some of the sector’s biggest hurdles. The national cluster for protein is teaming up with Roquette, Prairie Fava, BioNeutra and Plant Up to improve innovation, come up with more diversified products and improve […] Read more
Protein sector faces labour crunch: report
SASKATOON — Government, industry and educational institutes must act now to address the labour challenges confronting the emerging plant-based protein industry in Saskatchewan and Manitoba, according to a new report. “The danger here might be that the sector might not live up to its potential,” said Nicholas Renzetti, research associate with Smart Property Institute, the […] Read more
