Less than four years after acquiring Bantam, Lancaster Colony food company has made the decision to exit the business, based on its financial underperformance, but compounded by a raft of current challenges that dented Lancaster’s bottom line.
Rule Breaker Snacks – a Grupo Bimbo-backed brand of allergen-free plant-based brownies and blondies – has launched an equity crowdfunding campaign to meet runaway demand sparked by a Shark Tank appearance last year.
The cricket chip brand beat nine other startups to take first place in SNAC International’s inaugural challenge, modeled after the popular television show, Shark Tank.