CULT Food Science Corp., a food technology platform seeking to pioneer the commercialization of lab-grown meat and cellular agriculture, shared Dec. 11 that it intends to acquire The Better Butchers Inc. (TBB), a developer of meat alternatives. CULT has executed a binding letter of intent (LOI) to fully acquire issued and outstanding shares of TBB from its current shareholders.
Source: CULT moves to acquire fungi protein producer | Pet Food Processing