CSE:PMED - Post Discussion
Post by
partystocker on Sep 13, 2021 4:49pm
$CULT just invested in MeliBio!!
Big day for $CULT !! ($PMEDF, $PMED.CN)
CULT food science corp has completed a strategic investment in MeliBio! MeliBio is creating technology that replaces honeybees with microorganisms.
This deal is dope, imo. Firstly because the current way to produce honey is v damaging to bees and their ecosystem, and this would help make the industry much more sustainable.
But secondly, honey is currently a US $10b global market, and by adding MeliBio to their portfolio, CULT is further diversifying and showing how much they care about the future of food.
still only $.34 today, with a market cap of $36.45!!
great read about the new deal!! https://www.newswire.ca/news-releases/cult-food-science-invests-in-sustainable-honey-startup-melibio-812754150.html
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