- CULT Food Science Corp. (CULT) has received FDA approval to sell cultivated meat products in the United States
- CULT is actively incubating its own cellular agriculture-derived branded products and has made several investments in leading-edge cellular agriculture companies
- CULT Food Science Corp. is a food technology company pioneering the commercialization of cellular agriculture products
- CULT Food Science Corp. (CULT) opened trading at C$0.025
CULT Food Science Corp. (CULT) has received FDA approval to sell cultivated meat products in the United States.
The decision by the Food and Drug Administration (FDA) means that products made from real animal cells grown in bioreactors instead of requiring the slaughter of live animals will soon be in the hands of consumers.
CULT Food Science is actively incubating its own cellular agriculture-derived branded products. It has made several investments in leading-edge cellular agriculture companies working on products across cultivated meat, cultured dairy, seafood, chocolate, coffee, honey and other protein types.
The FDA approval signals a momentum shift in the U.S. for cultivated meat and cell-based foods, and CULT eagerly awaits more approvals of this nature.
Lejjy Gafour, CEO of CULT, commented on the news.
“With the first-ever approval of a cellular agriculture product by the FDA in the United States landing today, it represents a critical step towards realizing the potential of cell-based technologies to change how we eat for the better. This one approval will lead to many more in the near future as companies now seek to bring their products to market with increased momentum. This is one of many critical ‘firsts’ we will be seeing over the next few years.”
CULT Food Science Corp. is a food technology company pioneering the commercialization of cellular agriculture products. CULT Food Science aims to provide individual investors with exposure to the world’s first cellular agriculture consumer brands and its portfolio of innovative start-ups, private or early-stage cultivated meat, cell-based dairy and other cultured food companies.
CULT Food Science Corp. (CULT) opened trading at C$0.025.
