Trend
Alert-Desserts are Becoming Healthier: Vegan, Low Sugar and CBD (OTC: $ARSN) ( $WMT)
(NYSE: $KR) (CSE: $CURA.C) (OTCQX: $CURLF)
Point
Roberts, WA and Delta, BC - July 19, 2019 (Investorideas.com Newswire) Investorideas.com, a leading
investor news resource covering food and Lifestyles of Health and
Sustainability (LOHAS) stocks releases a snapshot reporting on the continued
trend towards healthier ice cream alternatives such as vegan, low fat/sugar and
eventually CBD infused.
In
recent
news,
IndexBox published a new report, “The U.S. Ice Cream
And Frozen Dessert Market. Analysis And Forecast to 2025”. According to the
report, the ice cream market in the US amounted
to $8.1B in 2018, leveling off at the previous year.
Within
those sales, high protein/light ice cream is became one of the largest selling
segments of the marketplace, beginning to outsell even Ben and Jerry's gourmet
ice cream.
Aureus, Inc. (OTC:
ARSN), www.AureusNOW.com, a food brand
development company that exclusively operates the online sales of Yuengling’s
Ice Cream brand, as well as select Yuengling retail distribution, today
announced that it was returning 250mm shares of common stock to its treasury.
Read this in full
at
”We
were able to complete the transaction with Yeungling’s using a restricted class
of preferred shares in lieu of the common that we issued for that purpose. This
is a much better structure for the company and its shareholders,” according to
Aureus CEO, Everett Dickson.
Aureus
recently completed the acquisition of Yuengling's Ice
Cream and announced the new flavors in development which are Gourmet Vanilla,
Gourmet Chocolate, Mint Chocolate Chip, Peanut Butter, Cookies & Cream,
Salted Caramel, Gourmet Strawberry and Black & Tan.
With
approximately 90 calories per serving, Yuengling's high protein/lite ice cream
is packed with protein but low in fat, carbohydrates and sugar. "Unlike
most high protein products on the market, our lite ice cream tastes like our
super premium product," said David Yuengling, President of Yuengling's Ice
Cream. "In fact, our Vanilla Lite Ice Cream won a gold medal and our
Chocolate Lite Ice Cream was awarded a bronze medal in the LA International
Dairy competition."
Yeungling’s
ice cream is also available to consumers in a large, well- known retailer who
has begun endorsing healthier ice cream options; Walmart (NYSE:WMT).
Walmart Inc. (NYSE:WMT), may be further
behind then companies such as CVS and Whole Foods who have been focusing on CBD
and wellness products for the past several months, but according to recent
news,
“the biggest pharmaceutical chains such as Target and Walmart aren’t stocking
up on CBD just yet, but they’re definitely getting ready for when the day
comes.”
The
Post recently learned that top executives at Walmart and Target have been
discreetly meeting with CBD companies, though Walmart announced that as of yet,
they do not have plans to carry CBD products at this time.
CBD
may still be a little ways off from entering mainstream retail but products
like Yeungling’s, a healthier alternative ice cream is already hitting shelves.
In related
news,
The Kroger Co. (NYSE:KR) was also
mentioned as looking to enter into this sector with its Deluxe Unicorn Swirl
Ice Cream and other store-brand products to boost growth, Chief Executive
Rodney McMullen said on Thursday.
"We know we can do better when it
comes to identical sales results," McMullen told analysts after Kroger
posted quarterly same-store sales below Wall Street estimates, sending its
shares down 2.5%.
Kroger's brand sales for the quarter rose
3.3% with Unicorn Ice Cream, Pork Belly Bites and Artesian Jerky among the 219
new store brand items that boosted sales by $225 million.
"Kroger has been very clever about
expanding into rapidly growing categories," said Neil Saunders, who heads
retail consultancy firm, GlobalData, “highlighting brands like Simple Truth and
Home Chef meal kits.”
Kroger’s
Simple Truth line has also seen success, having hit $2.3 billion in annual
sales to become the biggest US natural and organic brand. Simple Truth has
benefited from a social media boost. Kayla Schneider, a 28 year-old vegan
receptionist and beauty advisor from Fenton, Michigan, who has 11,000 Twitter
followers earlier this year tweeted when Simple Truth vegan ice cream went on
sale.
“I have a lot of followers who also share
my type of diet and I like sharing new finds/yummy products so they can try
them out as well,” Schneider said in a Twitter direct message.
Curaleaf
Holdings, Inc.
(CSE:
CURA)
(OTCQX:
CURLF),
is also showing interest with their recent
announcement of
two separate acquisitions in Arizona for a combined consideration of $25.5
million.
Curaleaf entered into an agreement to
acquire Glendale Greenhouse, a vertically integrated cannabis business
operating a cultivation and processing facility along with a prime retail
location, with plans to rebrand as Curaleaf after the transaction closes.
The Glendale Greenhouse production facility
is a 20,000 square-foot, multi-level cultivation center which is capable of
producing 3,600 pounds of flower annually. Its 1,500 square-foot dispensary,
located directly off the Agua Fria Freeway with 90,000 cars passing daily, can
be expanded to nearly 5,000 square-feet. Glendale Greenhouse holds the master
lease on the 15,000 square-foot multi-tenant building where the dispensary is
located. The facility also operates a state-of-the-art CO2 extraction lab and a
kitchen, which is already producing various edible lines such as mints, gummies, brownies and ice cream,
with additional products expected to launch later this year.
Additionally, Curaleaf agreed to acquire
Phytotherapeutics Management Services, LLC, which operates under the license of
Phytotherapeutics of Tucson, LLC. Upon close of the transaction, the license
associated with the dispensary will be applied to a newly developed flagship
dispensary, located at 2175 N. 83rd Avenue, which is part of an
exciting Phoenix metro submarket with close access to the I-10 Freeway. The
dispensary will also be in the immediate vicinity of the nationally recognized
Ak-Chin Pavilion, a popular outdoor amphitheater and concert stadium hosting
nearly forty events a year. This new location on 83rd Avenue will
bring Curaleaf's store count in Arizona to eight, all in Maricopa County.
According to US Census Bureau data,
Maricopa is the nation's fastest growing county for the third consecutive year,
giving Curaleaf the highest store count in the County.
"The acquisition of both Glendale
Greenhouse and the opening of our 83rd Avenue location demonstrate
our commitment to the Arizona market and to providing consumers with reliable
and high-quality cannabis experience," said Joseph Lusardi, Chief
Executive Officer.
"This transaction not only strengthens
our position with the seventh and eighth Curaleaf branded dispensaries in the
fast-growth Phoenix metro market, but greatly enhances our processing capabilities
and accelerates our plans to produce and distribute wholesale products in the
state."
While the US ice cream market may not be
expanding rapidly in terms of dollar growth, the product offerings are going
through a massive change. Fading are the days of unhealthy/high fat and sugar
ice creams as wellness, health, and of course CBD trends sweep the nation.
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