pioneeringthecommercializationoflab grownmeatandcellularagriculture
Terms&Conditions
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TheProblem
Meatandproteindemandare projectedtodoubleby2050in responsetopopulationgrowth andevolvingconsumer preferences.
44%
Nearlyhalfoftheworld's habitablelandisalreadybeing usedforagriculture.Thereis simplynotenoughspaceto scaleexistingfoodsystemsto meetdemand.
DatafromWorldEconomicForumandOurWorldInData,accessedJun5,2024 15%
Currently,livestockfarming generatesapproximately15%of theglobaltotalCO2equivalent greenhousegasemissionsa year,andisthesinglegreatest driverofdeforestation.
TheProblem
Inadditiontonotbeingabletoscaletomeetgrowingdemand, factoryfarminghasanabundanceofharmfuleffects
AnimalWelfare
HumanHealth
GreenhouseGasEmissions
Deforestation
WaterPollution
AirPollution
WaterUsage Environmental
CrowdedConditions
InhumanePractices
ShortLifespans
HealthProblems
AntibioticResistance
FoodborneIllnesses
NutritionalQuality
WorkerExploitation
Technologyhasenabledanewsolution thatweareutilizingtousherina neweraoffoodproduction.
JeffBezos-backedfundgivesN.C.State$30million toresearchlab-grownproteins
USDAallowslab-grownmeattobesoldtoUSconsumers
Brazil'sJBSstartsbuildinglab-grownbeeffactoryinSpain
BillGatesandRichardBransonarebettinglab-grown meatmightbethefoodofthefuture
AboutCellularAgriculture
Cellularagriculturefocusesontheproductionofanimal-basedproductsfromcellculturesratherthan directlyfromanimals.Theprocessaimstosolvethedetrimentaleffectsoftraditionalmeatproduction, includingtheenvironmentalimpacts,animalwelfareconcerns,andfoodsecurityandsafetyissues.
ThisisNotPlantBased
Whileplantbasedmeatcompaniesaimedtomimicthetasteandtextureofrealmeatwithvegetables andlegumes,cellularagricultureissimplyanewtechnologyforproducingthesamemeatproducts consumerslove.
InfluentialInvestors
BillGates,JeffBezos,RichardBranson,andevensomeoftheworld'slargestlegacymeatandfood producerslikeJBS,Cargill,andTysonFoodsareinvestinginlabgrownmeatproduction.
EarlyMover
CULThasbeeninvestingincellularagriculture companiesandtechnologiessince2021,building aventureportfolioof18highpotentialventures.
FocusonPetIndustry
CULTisaggressivelypioneeringtheapplication oflabgrownmeatinpetfoodsandits subsidiaryFurtherFoodsisactivelygenerating salesfromtheNoochies!business.
MarketPotential
McKinseyestimatestheglobalcultivatedmeat
markettobeworth$25billionby2030.The nascentindustryhasattractedover$3.3billion ininvestmentsince2016.
InvestmentScarcity
CULTistheonlypubliclytradedcompanyin Canadainthelabgrownmeatsector,andone ofjustthreeinNorthAmerica.
FurtherFoods
Pioneeringthecommercializationlabgrownmeatinconsumer products,withaninitialfocusonthepetfoodindustrywithNoochies!
VenturePortfolio
Backinghigh-potentialprojectsinthecellularagriculturespacewith CULT'sglobalportfolioof18equityinvestments.
StartingwithPets
Thepetfoodmarket,especiallyinNorthAmerica,offerssignificantgrowthpotential,an expeditedingredientapprovalprocess,andaconsumerbaseeagerforhealthieroptions.
$64.4Billion
Regulatory Advantages
U.S.petfoodindustrysalesin2023,a 10.8%increasefrom2022,fuelledinpart bypetownersseekinghealthierand moresustainablefoodandtreatoptions. TheUnitedStatesrepresentedover48% oftheglobalpetfoodindustryin2023.
Achievingregulatoryapprovalfornew ingredienttypesinpetfoodproductsis muchmorestreamlinedandexpedited comparedtofoodforhumanconsumption.
Thisoffersafasterroutetomarket.
CULTownsa90%stakeinFurtherFoods, producersoftheNoochies!brandofpet foodsandtreats
Noochies!iscurrentlygeneratingsalesin CanadaandtheUS,with60%+grossprofit margins
Noochies!hasthreeproprietarynutritional ingredientstoreplacemeatcontent
Thecompanyisnavigatingtheregulatory approvalprocesstobecomefirstpetfoodin
NorthAmericatocontainlabgrownmeat
Influencer&Affiliate Marketing
Wehaveidentifiedover100 popularpetinfluencersto collaboratewithas Noochies!Ambassadors thatcansharenewsand exclusivediscountswith theirfollowers.
UserGenerated Content
Petownersareeagerto
shareandreviewthe productstheylove. Noochies!isabletoamplify positivereviewsand qualitycontentpublished frominfluentialpetowners.
TargetedDigital Advertising
Weareabletoreach millionsofNorthAmerican petownersthrough targetedadsonsocial media,websearches,and thirdpartywebsites.
NoochiesProjections
Aswelookahead,Noochiesissettoachievesignificantgrowth,drivenbystrategicmarketexpansion andproductinnovation.Ourprojectionsreflectarobusttrajectory,withananticipatedsteady increaseinrevenueaswesolidifyourpresenceinthepetfoodindustry.AllfiguresinUSD.
$10,000,000
$8,000,000
$6,000,000
$4,000,000
$2,000,000
$0
Q22024
• • InitialLaunch NoochieslaunchedintoUSmarket Online(D2C)andintospecialty petretailersinCalifornia
Roadmap
Q32024
• • • • Acceleration LaunchadditionalSKUS Rolloutdigitalmarketinginitiatives establishdistributorpartnerships Canadianmarketlaunch
Q42024
• • • Expansion Earlyaccessdemosforstakeholdersand investors Navigatingapprovalprocessforlabgrownmeat inpetfoodswithinUSandCanada Broadenretailpartnerships,ambassador programs,anddistributionlocationsfor Noochies!productlinesinNorthAmerica
Venture Portfolio.
CULT'sglobalventureportfoliospansfour continentsandincludesexposureto18 earlystageinvestmentsrepresentingan excitinganddiversecellularagriculture pipeline.
Wehaveinvestedincompaniesfocused oncelllines,endproducts,scaffolding technology,growthmedium,and intellectualpropertyessentialtothe productionofcultivatedmeat,cultured dairy,andcell-basedfoods.
TheCompany
MitchellScott
ChiefExecutiveOfficer
MitchellScotthasbeeninvolvedintheplant-basedandcultivatedfoodspacesforthepast8years.Heco-founded plant-basedbutcheryTheVeryGoodButchersandoversawitsjourneyfromafarmersmarketstalltothetopperforming IPO(globally)of2020,whereatitspeak,itachievedamarketcapofalmost$1billion.
Mitchellwasabletosuccessfullyraiseover$60millionCADforthecompanywhichhelpedfueltheirgrowthand expansioneffortsincludingimpressivetripledigitYOYrevenuegrowthforthreeconsecutiveyears(1M,3M,10M).Hehasa wealthofexperienceinbuildingandscalingconsumerfacingbrandsandbringsagrowthmindsettoeverythinghedoes.
Dr.SarahDodd
ScientificAdvisor
Dr.Doddgraduatedfromtheveterinaryscienceprogram atMasseyUniversityinNewZealandin2016,afterwhich shecompletedMScandPhDdegreesattheUniversityof GuelphinCanada.In2021,Dr.Doddpassedhercertifying examandwasrecognizedasadiplomateoftheEuropean CollegeofVeterinaryandComparativeNutritionbythe EuropeanBoardofVeterinarySpecialists®.Dr.Dodd's researchspecializesinplant-basednutritionfor companionanimalsandinclinicalpracticeshe predominantlyformulatesspecializeddietsforcatsand dogswithcomplicatedhealthconditions.Inadditiontoher nutritionspecialty,Dr.Doddisalsoapracticing veterinarianandsheenjoysworkingwithfarmedanimal sanctuariesanddogandcatrescues.
MarkBinns
RussellStarr CapitalMarketsAdvisor StrategicAdvisor
Mr.Binnsisaseasonedentrepreneurandpublicmarkets executive,highlightedbyhisformerrolesasCEOof NetcoinsandBIGGDigitalAssets(CSE:BIGG),inwhichhe successfullynavigatedthepublicmarketsecosystem raisedmorethan$50Mincapital,andlandedinstitutional researchcoverage.Mr.Binnsalsohasdeeprelationshipsin theCanadianandUScapitalmarketswithinvestment bankers,stockbrokersandinvestmentadvisors,family offices,highnetworthindividualsandinvestmentfunds.
Mr.Starrisanexecutive,leaderandentrepreneurwith deepcapitalmarketsexpertiseandatrackrecordof orchestratingtransformativedealsindisruptiveindustries. Hehasheldnumerousexecutivepositions,includingHead ofCapitalMarketsatDeFiTechnologies(CBOE:DEFI).Mr. StarrisalsoaseedinvestorinEchelonWealthPartnersand hasbuiltarobustnetworkinthecapitalmarketsthatwill beamajorassetforCULTasthecompanyadvancesand scalesitsstrategyofpioneeringthecommercializationof cultivatedfoods
122,204,595
AsatJun5,2024
RegulatoryApprovals
Noochies!isnavigatingtheapprovalprocesstobecomethefirstpetfoodbrandinNorthAmericatosellproducts withlabgrownmeat.Further,itisanticipatedthatadditionalcountrieswilljoinSingapore,Israel,andtheUnitedStates inapprovinglabgrownmeatforhumanconsumption,leadingtosignificantupsideforCULT'sportfoliocompanies andfutureproductlaunches.
Noochies!SalesGrowth
Noochies!isundertakinganaggressivegrowthcampaignthatincludesdirect-to-consumersales,in-storesales, theproductionofnewSKUs,andstrategicpartnershipswithonlinemarketplacesandpetownercommunities.
TheseinitiativeshavethepotentialtomakeNoochies!goviralandleadtosignificantrevenuegrowth.
PortfolioAppreciation&LiquidityEvents
Ourearlystageventureportfolioinvestmentsprovideexposuretosomeofthemostexcitingcompaniesinthecellular agriculturespaceandactasaproxyontherapidlygrowingindustry.Liquidityeventsfrominvestmentsinthisportfolio wouldleadtonon-dilutivecapitalinjections.