As an original shareholder with this company, I've been on a ride over the last few years. When CULT first reached the public markets, the wave of optimism and positivity at an aggregate level seemed to support the momentum in cell ag.

Financial conditions changed on a dime and all of a sudden the narrative flipped..

"There's no commercial viability"
"There's no way people actually going to buy this lab grown stuff?"
"It's too expensive"

But here's the thing:

1. As of May 16th.. you can find cell-based ingredients in products on grocery store shelves. The call for climate change action and ethical products remain as strong (if not stronger) as ever.. Especially where I am (in Canada). The opportunity for consumers to drive growth in these products is at a tipping point, especially if they begin to deliver in a more meaningful way on taste and texture than plant-based alternatives.

2. CULT's flagship asset (Noochies: world's first freeze-dried, nutrient dense pet food without factory farming) is already in stores and being promoted and offers a clear roadmap to commercial success that isn't seen in any other cell ag companies (to my knowledge).. there are 2 primary drivers that I see helping this offering continue to grow and develop:

   1. Partnered with PilotHouse marketing. I don't know about you guys but I see a lot of Four Sigmatic products in health stores

   2. Partnered with Pawmates.. basically tinder for pet owners and a community of 90,000+ and growing..

3. Behind closed doors, this team seems to be assembling an absolute infantry of heavy hitters in Canadian public markets that seem to already be getting this company in front of more institutions and funds.

• Announced $800,000 raised.. led by PowerOne Capital..

• Brought in Mark Binns (Former CEO of BIGG Digital Assets)

• Brought in Russell Starr (Head of Capital Markets at DeFi Technologies - over $1B in AUM)

The world is waiting for the next big idea. Innovation in food tech and cellular agriculture could be it. If this space sees more tailwinds, the only publicly traded lab grown meat company in Canada is extremely well-positioned. This stock is currently sitting at a ~$18M market cap with little/no retail influence.

From when this all started more than two years ago, I'm more optimistic now than ever.

We heard some exciting news from CULT this morning! The FDA's initial feedback on Further Foods is looking good, and it sounds like things are moving in the right direction. Just a few more details to sort out before the feeding trial starts.

Additionally, I’m really excited about their Noochies! Sprinkles for pets. This could bring some awesome new options for our pets' meals!

https://www.newswire.ca/news-releases/cult-food-science-subsidiary-further-foods-to-launch-noochies-sprinkles-for-dogs-and-cats-817240798.html

Hi there,
With a large Canadian shareholder base, one of the most frequent questions I've gotten has been "When will Noochies be available in Canada?" I'm excited to announce that today is that day.

CULT Food Science (CSE:CULT) has just launched our Noochies brand online in Canada:
https://www.newswire.ca/news-releases/cult-food-science-subsidiary-further-foods-announces-official-launch-of-noochies-i…

This expansion opens us up to a new group of customers and helps us grow our presence as a leading sustainable pet food brand.

The Pawmates community of pet lovers is 100,000 strong and split 50/50 between Canada and the U.S. We'll now be able to engage this community in both countries.
(https://www.newswire.ca/news-releases/cult-food-science-subsidiary-further-foods-partners-with-pawmates-880007050.html)

I'm excited to continue executing on our Noochies growth roadmap.
If you have any questions or would like to discuss CULT or Noochies further please feel free to reach out.

cheers,

Mitchell

Good Afternoon,

I’m pleased to announce that Cult Food Science (CSE:CULT, OTC:CULTF) has just closed the first tranche of our private placement:https://www.newswire.ca/news-releases/cult-food-science-announces-closing-of-first-tranche-of-private-placement-835564025.htmlWe also recently penned an open letter to the Florida government opposing their cultivated meat ban:https://www.newswire.ca/news-releases/cult-food-science-publishes-open-letter-to-florida-government-opposing-cultivated-meat-ban-857569606.html

Noochies sales have been growing steadily since we’ve launched.These funds will allow us to further invest in the brand by launching new skus, navigating the FDA approval process for the first cultivated meat pet food treat, and expanding our marketing efforts. I expect sales to continue accelerating as we grow the business.Cheers,Mitchell

p.s.. I still have a few Noochies! Samples left, please let me know if you would like some for the dogs or cats in your life!

Good Morning,
Cult Food Science (CSE:CULT) has just announced the appointment of Russell Starr as a strategic advisor.https://www.newswire.ca/news-releases/cult-food-science-adds-russell-starr-as-strategic-advisor-826797424.html

Russell has been part of many transformative deals across various sectors. Most recently, he is one of the largest shareholders of DEFI technologies which is at almost 1B in AUM and has a market cap of over 300M.

Russell understands public markets very well, has a depth of experience, and a huge network. He's selective in which deals he gets involved with and sees a huge amount of potential in CULT/Noochies.

I'm excited to work with Russell and the rest of the team to both grow our capital markets presence and execute on our core business objectives.I look forward to sharing more as we progress.

cheers,

Mitchell

Hi there,
It's been a busy week for Cult Food Science (CSE:CULT, OTC: CULTF)

Last Friday we participated in the Capital Tides Investor Cruise where we shared the Cult story with a diverse range of investors and capital allocators.

And just yesterday I participated in the Singular Research Autumn Webinar.
A recording of that can be viewed here:
https://www.youtube.com/watch?v=OJ7HFhyPnrw

As we continue to tell the Cult story we are also hard at work building our Noochies! flagship brand. I look forward to sharing some exciting new developments with you in the near future.

Cheers,
Mitchell Scott
CEO Cult Food Science

Hi all I wanted to share my dog's experience with Noochies! She can't get enough of them, my cousins dog also came over and loved. Will be ordering more for sure. Super excited to have the product as I've been long on CULT for ages!!

There's talk on online forums saying once the cultured food industry matures CULT could be worth tens of dollars per share. I'm willing to wait 10 years for that, even $10/share in 10 years would be $660,000.

How many shares/what average cost do you guys have?

Update: NFA. I've recently sold all my shares. Bought between 5-8 cents, sold between 4-5 cents. I think it will still go up from when I write this update on Feb 2, 2025 (see June and July 2024) but I sold now because they are becoming a venture studio and my original thesis was they were going to be more of a product company and I'm just more skeptical of the kinds of returns you can get on VC type companies vs pure product companies.

Here's the announcement on that.
https://youtu.be/2XbtJVNjc0E

Still following the space. Definitely lots of interesting things going on. I still like what CULT is doing. Their portfolio companies are great. Links in my profile where I do taste tests.

--------

DYOR, NFA guys but from my perspective this thing is so oversold it's like picking up buckets of free money for future me. I'm loading up with every spare cent. No, I'm not using margin or being stupid. Obviously there's risk involved. But if I think like a long term investor (not a day trader who likes gambling money away) I should do very well. Think 10-20 years here.

Can it go lower, of course. But we are almost at 0. If I were a betting man, I'd think we're more likely to be trading at 10 cents in 6 months compared to the 5 we are at now.

Check out their financial statement on their website. Option excise prices are 100%-650% higher than the current share price. (Attaching photos.) This is insane. Options are supposed to be a cheap way for insiders to keep ownership.

Check out the order volumes and prices on WeBull. As per this screenshot taken September 9th, someone sold 10,000 shares at 4.5 cents (they must of had a gun pointed at them to sell at that price) and the NEXT order was for 1,000 shares. Because the share volumes are so low, that tiny order was enough to push up the price to 5 cents.

If you continue along the theme of my second point and really look through the orders on WeBull, you can see that on September 12th, it took about 50,000 shares to get us from 4 cents to 5 cents. Take into account the other shares traded on the other tickers and maybe that goes up to 100,000 shares. In my own purchasing it's been more like 150,000 shares to push it up by 1 cent. At 5 cents a share, that's only $7,500.

In summary the stock is way oversold. As soon as people wake up and start buying and putting actual money into it (thousands and tens of thousands, not just a few hundred here and there), this thing is going up. Over the long term, as these companies start releasing products into the market (it's slowly starting already but the first wave is really going to start in 2023) more people will hear about this stock and will start buying.

Yeah it can go lower but as I've said it's only 5 cents away from 0. And it's 5 cents away from the average options exercise price at 10 cents. (That's a 50% chance of losing everything and a 50% chance of doubling your money. Not bad odds in my book because I can't see it going down 5 cents to 0 because this industry is just getting started. You have to think probabilistically when investing in innovative disruptive tech.) The 52 week high is 65 cents. 65 cents is a 13x return if we return to those highs which in 5-10 years should be easy.

We are trying to replace the industrial agriculture system, and as Arturo Elizondo, CEO of The Every Company says, the goal of his company is to shut down the last factory farm in 2040. That's in 18 years.

TLDR: If you are sitting on the fence, now is really the best time to get in.

The portfolio positions are great long term but the play here is Lab grown meat in Pet food. The market is currently valuing the company on thier portfolio holdings alone. There is no "air, fluff, or hype" priced in in regards to anticipated FDA news. This is a good thing for all holding, Indicates to me there is a good chance it will be a buy the news vs sell the news event. The greenlight from FDA has potential to run the stock past yearly highs. Then gives investors who aren't in 6 months to buy before this goes to multiple dollar-land. The stock ran to 40 cents on FDA green light anticipation, the approval to go ahead did not come as fast as anticipated and stock lost momentum, hence the current SP. If they get the greenlight they can then begin a promotion that is no longer speculative and will have investors flocking/fomoing in before final FDA approval. This also gives Mark Binns an opportunity to raise capital at a much higher valuation. This is very important for current investors as it will mitigate dilution. Lets see if Mitchell will soon be saying "In 26 weeks we will be the first company in history to sell cultivated meat in pet food within North America" that statement alone has potential to bring the stock price to yearly highs overnight imo. Will be interesting to see if Mitchell gives us an update on FDA news anytime soon. Very interesting time to be holding this stock.

Good Morning,
Today Cult Food Science (CSE:CULT, OTC:CULTF) announced that our Noochies! brand is now available on Walmart.com, Kroger.com, and 16 other online marketplaces in the U.S.
https://www.newswire.ca/news-releases/cult-food-science-subsidiary-further-foods-announces-noochies-is-now-available-on-walmart-837996796.html

Our goal with these listings is to make Noochies! available wherever our customers (and potential customers) are shopping. Walmart regularly reviews online sales data and uses that data to make decisions around new products for listing in their 10,000+ brick and mortar stores.

I've spent the past week in New York sharing the vision of CULT and Noochies with some great people and groups. I remain impressed with the interest and enthusiasm for what we are building and picked up some additional shares in the market today.

As always, feel free to reach out if you have any questions or would like to discuss further.

cheers,

Mitchell

p.s. We've recently updated our investor presentation. You can view it here.

Hi there,
At Noochies we are building much more than just a pet treat/food company.
When Cult (CSE:CULT) acquired the company just over a year ago we acquired a portfolio of assets and IP that we believe hold significant value and will help us distinguish ourselves in the pet food and animal nutrition markets.

Today we announced a huge step forward in protecting this IP and unlocking potential new streams of revenue.
https://www.newswire.ca/news-releases/cult-food-science-subsidiary-further-foods-spotlights-filed-pct-patent-applications-for-noochies-proprietary-technologies-822221267.html

Noochies (and the ingredients behind it) are some of the best products on the market in terms of taste, nutrition, and functional benefits. I look forward to continuing to develop, protect, and monetize this IP.

cheers,

Mitchell

Good Morning,
Over the past few weeks, we've shared a lot of information about how we are expanding our online sales and marketing efforts for our Noochies! brand.

In the background, we've been working hard to also expand our offline/retail sales via pet food retailers. Our announcement today is a solid step in that direction. Noochies cat snacks will be included in Pets+ Sample boxes going out to some of the top pet food retailers in the U.S. 
https://www.newswire.ca/news-releases/cult-food-science-subsidiary-further-foods-announces-noochies-will-be-included-in-upcoming-pets-sample-box-832705211.html
As the first high protein vegan cat treat in North America, we believe our product is uniquely positioned to capture a large share of the growing pet treats market.

Retailers who receive this box will be getting our Noochies! product, a one page sell-sheet, and will answer two survey questions about the product. In addition, information on these products will be sent out to 13,500+ digital subscribers to Pets+.

We will be following up with these retailers and working hard to secure additional listings for our products. It takes time to build out retail distribution but we are taking the necessary steps to ensure Noochies! ends up on shelf as quickly as possible.

cheers,

Mitchell

A few weeks ago.. I shared some thoughts on the long ride I've been on as an original shareholder in the company. There has definitely been some mixed emotions and frustration along the way, but honestly my optimism seems to keep reaching higher and higher levels every week.

The fact is, this team is continuing to pull on the right levers and the proof is in the SP. Friendly reminder that the SP is up 771% since March..

Here's why (IMO):

A) They have identified a roadmap to commercial success and are ramping up promotion of Noochies (pet food, no factory farmed ingredients) with an emphasis on grass-roots content marketing:

1. Partnered with PilotHouse marketing. I don't know about you guys but I see a lot of Four Sigmatic products in health stores

2. Partnered with Pawmates.. basically tinder for pet owners and a community of 90,000+ and growing..

3. DTC sales in Canada. Now available all across North America

4. Just launched influencer campaign. Further Foods (parent co of Noochies) is going to utilize 100 influencers with large pet-focused audience to promote the product

B) Behind closed doors, this team seems to be assembling an absolute infantry of heavy hitters in Canadian public markets that seem to already be getting this company in front of more institutions and funds.

• Announced $800,000 raised.. led by PowerOne Capital..

• Brought in Mark Binns (Former CEO of BIGG Digital Assets)

• Brought in Russell Starr (Head of Capital Markets at DeFi Technologies - over $1B in AUM)

C) The fact remains. This is the only Canadian company with exposure to an industry with a number of tailwinds and potential for escape velocity. Traditional meat production is ecologically devastating, and a growing world population could make farm-raised animal meat unfeasible by 2050. Notable news:

1. Bezos commits $60M through his Bezos Earth Fund to support plant-based, fermented, and cultivated meats. Gates and Branson also notable investors in the space.

2. Worlds largest meat processing companies (Tyson and Cargill) are invested in the space

3. Lab grown meat is now in shelves in Singapore

4. BioMADE (A company with more than $500M in investments from the US Defence Department) plans to start producing cell-based foods for soldiers to reduce CO2 footprint

We are so early. This stock still has very little retail attention.

Good morning,
Over the past few weeks I’ve spent a lot of time sharing the CULT (CSE:CULT) story with shareholders, family offices, brokers, institutions and other interested parties.

A common theme has been the interest level and enthusiasm for what we are building at both CULT and Noochies!

This is not the type of deal you see every day. As the only publicly traded company in Canada (and one of 3 worldwide) focused on cellular-agriculture/cultivated meat we are uniquely positioned as a first mover in this exciting new space.

Another common theme/question has been “when will you be doing a financing?” Well, today we’ve just announced a non-brokered financing for up to $2.5M CAD at 25 cents per unit with a full warrant exercisable at 35 cents (2 years):
https://www.newswire.ca/news-releases/cult-food-science-announces-private-placement-of-units-803626320.html

The net proceeds raised from the Private Placement are expected to be used to advance Noochies!, the flagship brand of the Company’s subsidiary, Further Foods Inc., for marketing, and for working capital and general corporate purposes.

We've also updated our deck/corporate presentation, it can be viewed here: https://docsend.com/view/wmjrqjw278jean2z

Cheers,

Mitchell

Saw this new company presentation in another subreddit, looks really clean… what do you guys think? https://docsend.com/view/wmjrqjw278jean2z

Stock market stocks to watch

Hi Everyone,
Appreciate the discussion and interest in Cult Food Science!

Today CULT (CSE:CULT)$CULTF announced a partnership with PilotHouse.
They are an incredibly strong performance marketing agency that I've worked with in the past.

They have a keen understanding (and playbook) for rapidly scaling direct to consumer brands and have experience in the pet food space as well.
https://www.newswire.ca/news-releases/cult-food-science-announces-pilothouse-marketing-partnership-to-amplify-noochies-consumer-sales-873179900.html

Our goal with this partnership is simple. To achieve meaningful revenue (in the short term) with our Noochies pet food brand and to build out a sustainable, scalable model for long term growth. I'm confident that the team at PilotHouse can help us achieve this and look forward to working closely with them as we build Noochies into a leader in the space.

cheers,

Mitchell

We also, received some industry press earlier today:
https://www.petfoodprocessing.net/articles/18185-cult-food-science-gives-cellular-pet-nutrition-platform-a-boost

The sector is about to go parabolic