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Every week we track the business, tech and investment trends in CPG, retail, restaurants, agriculture, cooking and health, so you don’t have to. Here are some of this week’s top headlines.
Poppi, a prebiotic soda company, is confronting a class action lawsuit in California, with claims surpassing $5 million, over its ‘prebiotic’ health assertions. Meanwhile, NewMoo has introduced an innovative approach to animal-free dairy by using plant seeds as bioreactors to produce casein proteins, leveraging plant molecular farming technology to revolutionize dairy alternatives.
In other news, we’ve wrapped the first season of our podcast in partnership with AgFunder: New Food Order, a nuanced investigation into the business of tackling our climate and social crises through food and agriculture. Read all about why we launched the podcast, and be sure to subscribe and share!
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1. Poppi Faces Class Action Lawsuit for ‘Prebiotic’ Claims – Food Dive
The complaint, filed in a California district court, said aggregate claims in the suit amount to more than $5m.
2. NewMoo Emerges from Stealth Using Plant Seeds as ‘Bioreactors’ to Grow Casein Proteins for Animal-Free Dairy – Cultivated X
NewMoo has emerged from stealth mode, unveiling a plant molecular farming platform for producing caseins in agricultural plant seeds.
3. Foxtrot and Dom’s Face a Lawsuit While Former Vendors Scramble for Solutions – Eater
A local coffee maker Kyoto Black — without warning — is left without its biggest wholesale customer.
4. Price Pendulum Swings Back to Discounts, Within Limits – NYT
The pandemic shopping boom led many retailers to widen profit margins by charging more. Now value is the watchword as consumers grow choosier.
5. Why the New Human Case of Bird Flu Is So Alarming – NYT
The third human case of H5N1, reported on Thursday in a farmworker in Michigan who was experiencing respiratory symptoms, tells us that the current bird flu situation is at a dangerous inflection point.
6. Restaurant Groups Are the New Chains – Eater
When one business owns and operates multiple restaurants in a single market, who’s to say that’s not a chain?
7. How the Mayor’s Crackdown On Illegal Mopeds Has Beaten Down Food-Delivery Workers – Curbed
Immigrants are paying the price for Mayor Adams’ policies – many of whom who make a living in a class-divided city that is increasingly composed of people who make deliveries and people who have things delivered to them.
8. What If Ozempic Cost $1.00? – The Future Market
Two scenarios that explore a future world where GLP-1 drugs have become accessible to anyone wanting to lose weight.
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