>> WELCOME BACK
EVERYBODY EAT JUST A FOOD
TECHNOLOGY COMPANY WITH A
MISSION TO BUILD HEALTHIER
SAFER AND MORE SUSTAINABLE FOOD
SYSTEM HAS ANNOUNCED ITS RACE
200 MILLION DOLLARS IN
NEW FUNDING. THE STARTUP HAS
GOTTEN OFF TO A FAST START TOO
IN 2021 EXPANDING ITS FOOTPRINT
BOTH DOMESTICALLY AND
INTERNATIONALLY JOINING US NOW
JOSH TETRICK CO-FOUNDER AND CEO
AT AEGIS JOSH WELCOME TO
THE SHOW. CONGRATULATIONS ON
ALL YOUR SUCCESS SO FAR WE KNOW
YOUR COMPANY AND TO THE
CANADIAN MARKET EARLIER THIS
MONTH AS WELL AS BECOMING A
MENU ITEM AT A LEADING CHINESE
FAST FOOD CHAIN EARLIER IN
THE YEAR WAS EXPANSION ON THE
TOP OF YOUR LIST OF GOALS WHEN
YOU'RE ENTERING THE YEAR OF
2021.
>> DEFINITELY WE LAUNCHED IN
2000. AND
19 THAT WAS A FIRST FOR AND
WE'VE BEEN LUCKY WHETHER YOU'RE
AT WALMART.
>> A WHOLE
FOODS ARE ANYWHERE IN
PEOPLE SEEM TO WANT AN EGG THAT
COMES FROM A PLANT WE JUST HAD
A 100 MILLION. EGGS
FROM PLANTS SOLD WHICH IS ABOUT
99 MILLION MORE.
EXISTED BEFORE WE CAME ON THE
MARKET AND WE'VE GOT TO EXPAND
EVENTUALY WE WANT THIS
TO BE THE WORLD'S FIRST EVER A
BRAND AND EVENTUALLY WHEN IT'S
SLOW WORK LOST IN BETTER,
TASTING WE THINK YOUNG PEOPLE
ARE GOING TO BE GROWING UP
CHOOSING AN EGG FROM A PLANT
INSTEAD MADE FROM A CHICKEN.
>> BUT TO TELL YOU I'M ALLERGIC
TO EGGS FROM THE CHICKEN SO I'M
EXCITED ABOUT THIS AND SPEAKING
OF EXPANSION HERE JOSH, WE KNOW
IT JUST JUST INTRODUCED A PLANT
BASED
BREAKFAST SANDWICH TO
CALIFORNIA COFFEE SHOP FILLS
COFFEE COMES ON THE HEELS OF
YOUR DEBUT OF A PLANT BASED
BREAKFAST SANDWICH ON THE OTHER
SIDE ON THE EAST COAST HERE
PEET'S COFFEE. HOW DO YOU PLAN
ON ROLLING OUT THESE BREAKFAST
SANDWICHES ACROSS THE COUNTRY.
>> IT'S VERY TO TO THE WORK
WE'RE DOING WITH PIZZA WORK WE
JUST DID WITH A FIELD, YOU KNOW
A PLAN BASIS BEEN SORT OF A
PARTIAL THUMB AND WHERE YOU
HAVE A LITTLE BIT OF MEAT OR
CHEESE ON THE SANDWICH BUT YOU
MISS THE MAIN THING, THE MAIN
THING IS THE OR IF YOU CONSUME
AROUND THE WORLD THAN ANY OTHER
ANIMAL PROTEIN. AND WE THINK
IT'S GOING TO BE A SANDWICH AND
IT SHOULDN'T WE ON THE SANDWICH
SO WE HAVE OTHER PARTNERSHIPS
THERE IN THE WORK,
AND WE'RE GOING TO BE PRESTON
PRETTY THAT YOU KNOW WE'RE NOT
OBLIVIOUS TO THE FACT THAT.
WE'RE LIVING IN A TIME OF
MASSIVE COVID-19 I JUST LISTEN
TO PRESIDENT BIDEN GIVE AN
UPDATE ON WHERE WE ARE ON THE
VACCINE ROLLOUT THAT STUFF
DIDN'T HAVE TO HAPPEN
IF WE CHOOSE TO EAT
DIFFERENTLY. UNITED NATIONS
SAID THE NUMBER
ONE DRIVE HER NOT A DISEASE
WHICH COVID-19 IS A DISEASE
THAT
COMES FROM A NON-HUMAN ANIMAL
TO A HUMAN ANIMAL IS INCREASING
DEMAND FOR ANIMAL PROTEIN.
WE CAN CHOOSE DIFFERENTLY WE
CAN EMBRACE DIFFERENT
TECHNOLOGIES WE CAN CHOOSE THE
WHOLE PLANTS IN OUR LIVES AND
HOPEFULLY AVOID ANY BACK
SEEN ROLL OUT THE FUTURE
BECAUSE WE'VE DONE ON THE
PREVENTION
BEFORE HIM.
>> JOSH AT ABOUT 90 SECONDS
WITH YOU BUT LET'S TALK ABOUT A
SURVEY THAT YOUR COMPANY IS
POINTING TO THAT SAY THAT SAYS
NEARLY 7 IN
10 US CONSUMERS WOULD BE
WILLING TO SUBSTITUTE A CULTURE
CHICKEN INSTEAD OF THE.
CONVENTIONALLY SLAUGHTERED ONE
THAT SO MANY OF US ARE
USED TO SO WHAT NEEDS TO HAPPEN
TO GET THE CELL-BASED MEATS TO
THE UNITED STATES AND HOW WILL
YOU BE PUSHING FOR THIS.
>> SO THERE ARE A COUPLE OF
INNINGS THOSE ONES REGULATORY
CLEARANCE WE WERE THE FIRST
COMPANY EVER TO RECEIVE
CLEARANCE TO
SELL MEAT. IT DOES REQUIRE
KILLING AN ANIMAL CALL NEW
KILOMETER SLAUGHTER WE'RE
SELLING THAT TODAY IN
SINGAPORE, SO REAL HUMAN BEINGS
ARE BUYING CHICKEN
DIDN'T REQUIRE THE SLAUGHTER
ANIMAL TODAY IN SINGLE 4TH TO
MAKE IT HAPPEN MORE
BROADLY NEXT SOME US WE NEED TO
GET REGULATORY CLEARANCE FROM
THE USDA AND THE
FDA IS AND WE NEED TO INVEST A
LOT OF CAPITAL IN BUILDING AN
INFRASTRUCTURE THAT'S WHAT THIS
RECENT
RAISES ABOUT. WE SEE THE DEMAND
OUT THERE FOR EGGS THAT COME
FROM PLANTS WE SEE THE DEMAND
OUT THERE FOR REAL ANIMAL
PROTEIN THAT DOES REQUIRE
SLAUGHTER AN ANIMAL OR CHOPPING
DOWN A TREE.
AND WE NEED TO MAKE IT HAPPEN
NOW SO IT'S REGULATION IT'S A
BUILDING THAT INFRASTRUCTURE AT
THE END OF THE DAY.
IT'S GOING TO THE CONSUMER THAT