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Vegan Chocolate Hummus Raises $600K on Shark Tank

Venture capitalist Mark Cuban commits more than half a million dollars in exchange for 25 percent equity in vegan startup Delighted by Hummus.

Vegan company Delighted by Hummus raised $600,000 in capital funding during a recent episode of investment reality series Shark Tank. The offer was made by venture capitalist Mark Cuban, who successfully negotiated a 25-percent equity holding with Delighted by Hummus founder MaKenzie Marzluff. The company impressed the show’s investors with its innovative take on hummus—with dessert flavors that Cuban believes will not directly compete with the savory hummus varieties currently on the market. Marzluff revealed that her brand—which makes hummus flavors such as Brownie Batter, Snickerdoodle, Vanilla Bean, and Choco-Mint—made $1 million in gross sales in the 13 months after debuting on shelves at select retail outlets nationwide.

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Seychelles Lifts 25 Percent Tax on Plant-Based Milk

The island nation off of East Africa has lifted its tax on plant-based milk in order to encourage healthy habits.
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New Data Shows Vegan Barbecue Is Top Summer Trend

Market research firm Mintel reveals that one-third of Americans plan to ditch meat this barbecue season.
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A&W Adds Vegan Beyond Burger to 925 Locations

Beyond Meat's partnership with A&W Canada will put its vegan patty on the menu at 10,000 points of distribution.
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Sweden's Top Fast-Food Chain Debuts Vegan Milkshakes

Max Burgers' new vegan milkshakes will eventually replace all dairy-based milkshakes and are part of a longer-term goal to increase the plant-based options on its menu.
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French Foie Gras Restaurant To Go Vegan

London-based fine-dining restaurant Gauthier Soho will go vegan after owner Alexis Gauthier learned of the horrors inherent in animal agriculture, particularly in foie gras production.
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This Week on VegNews TV: The secret to these delightful sweet treats is white beans! Aylin Erman shows you how to make these simple blondies.

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