5@5: Cell-based meat company raises $161M | China cracks down on single-use plastic

Each day at 5 p.m. we collect the five top food and supplement headlines of the day, making it easy for you to catch up on today's most important natural products industry news.

January 22, 2020

2 Min Read

Memphis Meats raised $161M to grow meat from cells

Lab-grown meat company Memphis Meats has received major backing from investors including Bill Gates and meat companies Tyson and Cargill. The company's total funding is currently above $180 million, and the Berkeley-based company plans to use the capital to "open a factory where it can start producing prototypes to showcase its products to interested customers." Read more at CNN Business

The last straw? China tries to trash single-use plastic

China is in the process of introducing legislature that would severely cut back on the amount of single-use plastic circulated within the country. 2020 will see a ban on nonbiodegradable plastic bags within major cities in addition to single-use plastic straws. Food and package delivery giants are also being encouraged to reuse and recycle packing materials. Read more at The Wall Street Journal

People still want plastic bottles, says Coca-Cola

Coca-Cola's head of sustainability has stated that the beverage giant will not be ditching plastic in the forseeable future because "this could alienate customers and hit sales." Coca-Cola currently produces 3 million tons of plastic packaging each year. Read more at BBC

Changes in agriculture, diet can feed the world without harming the planet

Scientists are constructing an agricultural blueprint that would feed the soon-to-be over 10 billion people on the planet without harming its natural resources. But its not just farming methods that will need to be altered–consumers will need to replace animal proteins with more legumes and vegetables and reduce their food waste. Read more at Interesting Engineering

The inside story of one of the biggest organic farm scams in history

Delve into the notorious organic grain scheme that led to the suicide of its ringleader, Randy Constant, last summer. Constant sold non-organic grain as organic and reaped over a hundred million dollars as a consequence. To avoid detection, he "relied on spotty, irregular and incomplete audits from inspectors." Read more at Modern Farmer

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