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This week the BevNET and Nosh team discusses Poppi acquisition rumors, the investment landscape, and consumer adoption of functional mushrooms.

The pushback against Kroger and Albertsons’ proposed $24.6 billion merger continues to mount, with a new report from Bloomberg claiming that the Federal Trade Commission (FTC) plans to file a lawsuit to block the deal as early as next week.

Just two weeks into his tenure as CFO at Meati, Phil Graves is getting a promotion. The mycelium root-based protein company this week elevated Graves, a former Patagonia exec, to CEO, following the departure of president/COO Scott Tassani earlier this month.

In this week’s notable new products roundup, Rob’s Backstage Popcorn celebrates the upcoming 20th anniversary of Mean Girls, Actual Veggies seeks to reinvent the french fry and Offshore Greens turns to kelp to create a climate-friendly nutrition powder.

YouTube star Ryan Trahan has joined low-sugar candy brand Joyride as an investor and part owner as the company refocuses around the creator as its chief creative officer.

This week the team talks about cell-cultured meat’s many challenges and why unrealistic investment might be dragging down food tech companies.

Snacktivist Foods, a regenerative agriculture-focused baking mix brand, is putting its CPG line on the back burner while it works to spearhead a new ingredient supply and brokerage service.

WK Kellogg Co reported its first standalone quarterly earnings with net sales up for the FY2023 as the company focuses on supply chain management and operational efficiency.

Globally-inspired gummy candy brand Better Sour has expanded to more than 1,500 doors nationwide, including nearly 500 Target stores.

After a challenging couple of years, family-owned Mediterranean foods brand Zesty Z is aiming to start a new chapter for its business with this week’s launch of a line of twice-baked pita chips.