Page 33 - February 2024
P. 33

of former Whole Foods Market co-CEO
                                                               Walter Robb to its board of directors.



                                                               In response to these concerns, a growing
                                                               trend sees consumers pivoting towards

                                                               trusted sources like farmers markets.
                                                               Opting to purchase directly from organic

                                                               growers not only improves local agriculture
                                                               but also ensures access to untouched
        are being vocal about intentionally                    produce, free from controversial coatings.
        encouraging shoppers to refrain from                   As farmers markets gear up for the season,

        purchasing any produce with the Apeel                  consumers are presented with a timely
        sticker on it in order to make a statement             opportunity to prioritize the purchase
        to the Apeel corporation.                              of organic, locally sourced fruits, and

                                                               vegetables. This could be a really positive
        Background:                                            outcome from a scary shift in produce

        Apeel was founded in 2012 by James Rogers              options in mainstream grocery stores.
        after receiving a $100,000 grant from

        the Bill and Melinda Gates Foundation                  Learn more about what store chains sell
        to help reduce post-harvest food waste                 their produce in apeel coating here.
        in developing countries that lacked

        refrigeration infrastructure.  After the               Researched by Lauren Lovato
        initial grant, backing has been provided

        by Microsoft cofounder Bill Gates, venture             References:
        capitalist firm Andreessen Horowitz, and               https://naturesfoodpatch.com/apeel-is-not-
        ATEL Capital Group. Apeel has raised                   appealing/

        $110 million in financing to date.  In June            https://energymattersllc.com/blogs/news/
        2018, Apeel was named a World Economic                 how-dangerous-is-apeel-produce-coating
                                                               https://www.apeel.com/how-apeel-works
        Forum Technology Pioneer. In August                    https://www.healthline.com/health/food-
        2018, Apeel announced the appointment                  nutrition/monoglycerides

                                                                                          myindigosun.com      33
   28   29   30   31   32   33   34   35   36   37   38