Big Candy, vilified in the wellness era as a primary source of refined sugar, has become an unlikely sheriff in the Wild West of recreational marijuana as candy-makers face products like Stoney Patch Kids, Buttafingazzz and Caribo Happy Cola.
Dive Brief:
Pancake maker Kodiak Cakes is being acquired by private equity firm L Catterton for an undisclosed amount, the companies said in a statement.
Kodiak has expanded into waffle mixes, frozen waffles, oatmeal, baking mixes and a variety of snacking products. Its better-for-you offerings are currently sold in 26,000 retail locations, including Target, Walmart and Costco.
The sale comes as the pandemic has increased consumer demand for healthier products. At the same time, people are spending more time at home making food, with breakfast among the biggest beneficiaries.
Dive Insight:
Kodiak began when eight-year-old Joel Clark began selling his family s hand-milled flapjack mix door to door from a little red wagon. Today, the fast-growing Kodiak s revenue has increased more than 50 times since 2013 when the brand appeared on the television program Shark Tank.
The confectionery market is expected to foresee expansion over the years to follow, globally. Generally, confections are high in calorie and low in nutrients, however, the sugar-free confections are gaining recognition in the ongoing years because of
Northwestern University announced Wednesday that students will be required to have the COVID-19 vaccine next academic year. In a letter to the school community, administrators wrote the decision was made as confidence in the vaccine’s effectiveness has increased and the supply has grown to meet the demand in Illinois. Meanwhile, U.S. health advisers endorsed use of Pfizer’s COVID-19 vaccine in .
COVID-19 vaccination clinics offered to major office buildings in Chicago and around Illinois chicagotribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chicagotribune.com Daily Mail and Mail on Sunday newspapers.