Arcadia Biosciences Inc. CEO Matt Plavan is choreographing a major pivot for the publicly traded seed company, transitioning from developing fringe products to developing products in growth sectors such as wheat and commercial hemp. It is a familiar situation for Plavan, as he’s helped lead pivots at local public companies twice before. Continue Reading »
DAVIS, CALIFORNIA, US — Arcadia Biosciences, Inc. has been granted a foundational patent covering herbicide tolerance in wheat from the Australia Patent Office. Patent Number 2016288257 grants intellectual property protection for mutations to the wheat genome to make it herbicide tolerant. In addition, Arcadia said it has received a US Notice of Allowance 15/740,876 from…Continue Reading »
Arcadia Biosciences Inc (NASDAQ:RKDA) said it has entered into a binding term sheet to acquire the commercial and genetic assets of Oregon-based industrial hemp breeding and seed company Industrial Seed Innovations (ISI). The firm, which focuses on enhancing the quality and nutritional value of crops and food ingredients, said ISI’s Rogue, Deschutes and Umpqua seed varieties…Continue Reading »
A Davis, California-based agricultural biotech company has entered a binding agreement to acquire a hemp breeding and seed company based in Oregon. Arcadia Biosciences Inc. will purchase the commercial and genetic assets of Industrial Seed Innovations, including its seed varieties, germplasm library and intellectual property.Continue Reading »
Beyond Meat. Impossible burgers. Chick’n. Plant based meat alternatives were already on the rise as an increasingly attractive protein source for consumers looking to eat healthier and support more sustainable food production – and that was before COVID-19 ignited a global health pandemic and raised new concerns over animal-borne illness. New research predicts that trend…Continue Reading »
Arcadia Biosciences’ CEO Matt Plavan tells Proactive that the agricultural technology company has raised about $6.8 million by selling warrants. Plavan says the company expects to use the proceeds to pursue a range of near-term inorganic growth opportunities within its hemp business unit as well as a cushion from coronavirus. Plavan also discussed its most…Continue Reading »
Arcadia Biosciences posted fourth-quarter and full-year results after the bell Wednesday revealing plans for dramatic growth in 2020. CEO Matt Plavan says the company successfully laid the foundations for its research program in three geographic areas and established a vertically integrated supply chain for its hemp seed. Plavan adds the company will expect to grow…Continue Reading »
Davis-based Arcadia Biosciences Inc. has partnered with Grow West and Buttonwillow Warehouse Co. to sell and distribute its GoodHemp uniform hemp seeds to California farmers. Arcadia (Nasdaq: RKDA) shares rose 31 cents, or 13.1%, to $2.68 on the news.Continue Reading »
Arcadia Biosciences’ CEO Matthew Plavan tells Proactive that the company’s new USDA-compliant seed line called GoodHemp is shaping up into a strong revenue spinner with over $3 million in pre-season seed purchase commitments.Continue Reading »
