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Popular Almond Milk Company Secures $50 Million Investment

Califia Farms receives capital to help fuel innovation and sustainability.

Almond milk producer Califia Farms has secured $50 million to boost production of its California-grown nut-and-fruit-based beverages. The company, one of the fastest-growing natural beverage businesses in the nation, received the investment from New York-based Stripes Group in order to help achieve Califia’s goal of becoming “the plant-based company of the future … [committed to] rapid innovation and sustainability…” The investment reflects booming interest in plant-based products, with a recent report showing non-dairy milk sales rose nearly 94 percent from 2009 to 2014, and Califia Farms’ own Almondmilk line experiencing a 177 percent growth year-over-year.

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Avocados That Last 50 Percent Longer Debut at Costco

The popular toast-topper is wrapped in an organic plant-based preservation skin made by tech company Apeel Sciences.
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80-Year-Old Food Brand Goes Vegan

Heritage Health Food plans to transition its entire brand to be free of animal products by 2019 and launch innovative new vegan foods geared to mainstream markets.
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Canada's Senate Passes Cruelty-Free Cosmetics Act

Cruel cosmetic testing on animals may soon become a thing of the past in Canada.
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Month-Long Vegan Festival Kicks Off in London

V For festival will hosts events featuring vegan food, cruelty-free fashion, art, and fitness throughout the month of August.
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Vegan Cheese Sales Spike by 45 Percent in 52 Weeks

Consumer research firm Nielsen reveals new consumer statistics, including that African-Americans are 48 percent more likely than the average American consumer to purchase vegan food.
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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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