RE:RE:RE:RE:RE:more money for merit/bu you maybe right in some parts...
BUT
just some text from the Merit/BU/Nestle coop-info
"...The goal of the joint agreement is to develop and commercialize Merit’s novel plant protein ingredients for use in Nestl’s plant-based foods and beverages....
...This new partnership helps build on this, and it’s a major step in developing the next generation of nutritious and delicious plant-based products that draw on the benefits of our novel proteins....
“We are thrilled to be partnering with Nestl to optimize these already exciting novel plant proteins,” Burcon’s President and CEO Johann F. Tergesen said. “This collaboration among Burcon, Nestl, and Merit is about strategically innovating for the future.”
...
"
anyone who is able to read will notice that they talk about strategic aspects....
1. this takes time
2. no one talks officially about details of what happens - just to keep away competitors...
its really that simple
and finally: Merit/BU do NOT produce for the supermarket shelf - so there might be less info for normal consumers or amateur-shareholders
imartin wrote: I think the Nestle coooperation (it's not a JV, just a "joint development agreement") has to be looked at from a different angel:
When it was announced, in January 2020 (https://burcon.ca/2020/01/burcon,-merit-and-nestle-announce-collaborative-partnership-for-plant-based-proteins/), Merit had only started planning/building its factory. So at that time, it was not much more than PR, which made Burcon look good (because big client) and which made Nestle look good (because investing in a plant-based future).
We never learned the scope of the partnership (well, at least I am not aware. Happy to correct myself if someone has additional insights). Today, it might simple be one of many food companies that is working with Merit to bring plant-based products to the market.
So I wouldn't put so much weight on the Nestle partnership and their alleged failure to bring anything meaningful to the table. We don't know that at all.