VMG Acquires Popchips and Launches Velocity Snack Brands, Fast Food “Meat” Backlash Explained + More

Source: Vox

Every week we track the business, tech and investment trends in CPG, retail, restaurants, agriculture, cooking and health, so you don’t have to. Here are some of this week’s top headlines.

Investment firm VMG Partners is moving from investor to manufacturer with the announcement of its acquisition of Popchips. It plans to continue acquiring and launching snack brands under Velocity Snack Brands.

In other news, the cannabis industry continues to grow despite the confusing state of its legality at the federal, state and municipal levels. Bolthouse Farms has announced that it will launch a line of CBD-infused beverages. Berlin-based Demecan has raised €7m to expand its production facility for medical cannabis, becoming Germany’s first medical cannabis start… Read More

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