TORONTO CULT Food Science Corp. ("CULT" or the "Company") (CSE: CULT) (OTC: CULTF) (FRA: LN0), an innovative investment platform with an exclusive focus on cellular agriculture that is advancing the development of novel technologies to provide a sustainable, environmental, and ethical solution to the global factory farming and aquaculture crises, is spotlighting information that continues to show that cellular agriculture has significant water-saving and other sustainable properties, when compared to traditional methods of food production. In addition, the current severe summer weather being experienced across Europe and the United States ("US") further supports the need to advance cellular agriculture in order to use water more efficiently.
Accordingly, over the past year CULT has invested in a number of early-stage cellular agriculture opportunities that are also focused on water preservation and sustainability, including, but not limited to:
- CELL AG TECH, a company focused on producing cell-cultured seafood in an effort to improve marine ecosystems;
- Change Foods, a cellular agriculture start-up company that is striving to create non-dairy cheese using less water, land, and energy;
- De Novo Dairy, a food-tech company that works to develop cell-based dairy products;
- Jellatech Inc., a company focused on producing cellular cultivated collagen, that has produced its first prototype this year;
- Opalia Co., a cell-based dairy production company that aims to supply sustainable dairy made by mammary cells; and
- Pearlita Foods, the world's first cell-based oyster company, which produced its first prototype this year.
Global Warming and Climate Change is Causing Droughts
- Climate change is contributing to more droughts and water shortages on multiple continents around the world.1
- Northern Italy is facing its worst drought in 70 years, and more than 43% of US states are currently experiencing droughts.1
- More than 2.3 billion people are currently facing water stress and nearly 160 million children are exposed to severe and prolonged droughts.2
- In the past 20 years, droughts have triggered global economic losses of about $124 billion.2
Source : Newswire