The Dallas-based pressed organic juice company will go public on the NYSE and intends to raise approximately $15m.
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The Dallas-based pressed organic juice company will go public on the NYSE and intends to raise approximately $15m.
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While the country claims that it is doing this because an alternative has not been found yet, the real reason could be undue pressure from the U.S., who is fighting mightily against the ban.
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Finding a buyer will be no easy feat.
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Zevia says it was the top-selling carbonated soft drink brand on Amazon in 2020.
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Despite only generating $13M in revenues in 2019, Laird Superfood closed yesterday at $42.60, nearly double its IPO price and giving it a market cap of $377M.
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The EWG report also found that 99% of non-organic raisins are tainted with at least two chemicals.
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America’s largest dairy producer, which also distributes Organic Valley products and owns Uncle Matt’s Organic, filed for bankruptcy yesterday.
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Back to the Roots, an organic food & gardening company, closed a $3M Series C led by Central Garden & Pet and Blue Scorpion Investments.
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Last year, according to Nielsen, organic food and beverages cost an average of 24 cents more per unit than conventional food, or about 7.5% more. That was down from a 27 cent, or 9%, premium in 2014. One reason for this is the increase in number of organic products on the shelves.
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Grupo Lala, a Mexican dairy conglomerate, is rumored to be ahead of China’s Yili Industrial Group in a quest to own Stonyfield. A deal could be finalized before the end of the month.
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