Michael Pellman Rowland: The Oatly IPO, The Magic of Mushrooms, and The Future of the Protein Market Place
Species Unite
elizabeth novogratz
5.0 • 911 Ratings
🗓️ 3 June 2021
⏱️ 42 minutes
🧾️ Download transcript
Summary
"If we fast forward, let's say to 2025, I think you're going to see a lot of companies in the marketplace using mushroom-based products to create alternatives to things like meat and chicken and within food. And then also alternatives within textiles to things like silk, leather and packaging for things like Styrofoam and plastic and so on.
So, I'm very much a… what do you call it? Maybe, a fungo fanatic. I don't know if there's a phrase for that, but I am totally a believer in all things fungi."
-Michael Pellman Rowland
Michael Pellman Rowland is a financial advisor. He's made many appearances on Species Unite - this was his fourth time coming on the show. He and I spoke about the Oatley IPO - amongst many other enormous wins in the plant, cell, and mushroom-based worlds.
Swedish vegan company, Oatly went public on May 20th. The company's initial public offering (IPO) raised $1.4 billion and its share prices (which were initially set at $17 per share) spiked by 30 percent on the first day of trading. This is the second milestone for plant-based companies going public, after Beyond Meat a few years ago.
The future of food is already here and fortunately, it's happening much faster than many predicted.
Michael is our go-to guru when it comes to the big wins for meat and dairy alternatives. He's a wealth of knowledge and information and he's a stellar human being. I learned a ton in this conversation, I hope that you do too.
Transcript
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| 0:00.0 | Species, unite, |
| 0:03.0 | species unite. |
| 0:05.0 | Species unite. |
| 0:11.0 | Species unite. |
| 0:13.0 | unite. |
| 0:14.0 | If we fast forward, let's say to 2025, I think you're going to see a lot of companies in the marketplace |
| 0:19.7 | using mushroom-based products to create alternatives to things like meat and chicken |
| 0:26.5 | within food and then also alternatives within textiles to things like silk and |
| 0:32.1 | leather and packaging for things like styrofoam and |
| 0:35.4 | plastic and so on. So I'm very much a what you call it maybe a fungo fanatic |
| 0:41.2 | or what I don't know if there's a phrase for that but I am totally a believer in all things fungi |
| 0:48.3 | Hi, I'm Elizabeth Novograt's this is species unite today's episode is part of a four-part series sponsored by Veg Fund. |
| 0:57.0 | Veg Fund empowers vegan advocates worldwide |
| 1:01.0 | through grant funding and supporting effective outreach that inspires people to choose and maintain a vegan lifestyle. |
| 1:11.0 | For the months of May, June, and July, species unite is celebrating plant-based eating with vegan |
| 1:18.3 | knights. |
| 1:19.5 | All that really means is we would love for you to cook dinner for your friends or your family or |
| 1:26.0 | your neighbor and make it vegan. On our website we have downloadable post packs with |
| 1:32.3 | recipes tips information to make your vegan night all the more fun and better. |
| 1:38.6 | So go to our website species Unite.com and download a host pack and you will be entered to win one of six |
| 1:47.8 | two hundred and seventy five dollar vegan gift baskets that are filled with all sorts of incredible plant-based products. |
| 1:57.0 | This conversation is with Michael Pellman Rowland. |
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