CULT Food Science Corp (CSE:CULT, OTCQB:CULTF) has noted that the current severe summer weather being experienced across Europe and the US further supports the need to advance cellular agriculture in order to use water more efficiently.
“Investing in cellular agriculture is investing in a sustainable future,” said Lejjy Gafour, chief executive officer of CULT in a statement.
“The current research speaks for itself – the food crisis is likely to continue worsening without a sustainable food production solution. We firmly believe that cellular agriculture is the answer. Given the current pace of change that is happening globally we must take steps to address these problems now if we want to achieve real positive impact,” added Gafour.
Over the past year, CULT pointed out that it has invested in a number of early-stage cellular agriculture opportunities that are also focused on water preservation and sustainability, including:
- 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.
CULT spotlighted information that continues to show that cellular agriculture has significant water-saving and other sustainable properties, when compared to traditional methods of food production.
The company noted that climate change is contributing to more droughts and water shortages on multiple continents around the world. with Northern Italy facing its worst drought in 70 years, and more than 43% of US states currently experiencing droughts.
It pointed out that more than 2.3 billion people are currently facing water stress and nearly 160 million children are exposed to severe and prolonged droughts, while in the past 20 years, droughts have triggered global economic losses of about $124 billion.
CULT noted that drought leads to limited food production, food shortages and increased food insecurity. The company said cell-based foods can help to significantly reduce the amount of water required for food production, contribute to the solution of global droughts and food shortages, and provide a long-term solution based on currently available research.
Cultivating meat from cells could cut the climate impact of meat production by up to 92%, and cultured meat could result in a reduction of 95% of land use, and 82-96% of water requirements, it noted.
Meanwhile cultivated seafood does not depend on access to the high volume of specific bodies of water and cultivated meat does not require mass deforestation, therefore cellular agriculture is less susceptible to drought, flood, and wildfires and can reduce dependency on global trade with less greenhouse gas emissions due to a decrease in food transportation as the location of production facilities is independent of the location of arable land, CULT said.
Cell-based production also reduces the risks of chemical contamination, spoilage, and foodborne and zoonotic illnesses from microbial pathogens like E. coli, and Salmonella, compared to the conventional production of meat, it concluded.
CULT Food Science is 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 crisis.
The first-of-its-kind in North America, CULT aims to provide individual investors with unprecedented exposure to the most innovative start-up, private or early-stage cultivated meat, cell-based dairy and other cultured food companies around the world.
Contact the author at jon.hopkins@proactiveinvestors.com