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Cult Food Science Corp. ( (TSE:CULT) ) has issued an update.
CULT Food Science Corp.’s subsidiary, Further Foods Inc., has signed an R&D Supply Agreement with a cultivated meat producer to develop its Noochies! line of pet treats, marking a significant step toward commercialization. The company is expanding its distribution network in Asia, participating in the Global Pet Show in Orlando, and relying on its suppliers to secure FDA approval, which could expedite commercialization and reduce costs.
More about Cult Food Science Corp.
CULT Food Science Corp. is a disruptive food technology platform focused on pioneering the commercialization of lab-grown meat and cellular agriculture. The company aims to reshape the global food industry with its innovative products and solutions.
YTD Price Performance: -12.50%
Average Trading Volume: 157,492
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$2.75M
Find detailed analytics on CULT stock on TipRanks’ Stock Analysis page.