CULT Food Science Corp. announced that it has appointed Mitchell Scott as Chief Executive Officer, effective November 1, 2023. The appointment of Mr. Scott is facilitated by the resignation of CULT's previous CEO, Lejjy Gafour.

CULT thanks Mr. Gafour for his dedication and contributions to the Company over the past two years and wishes him well in his future endeavours. Mitchell Scott, a seasoned entrepreneur and a fervent advocate for sustainable food solutions, co-founded The Very Good Butchers, a pioneer in the plant-based food space. Under his stewardship, the company morphed from a humble farmer's market stall to achieve the accolade of being the top performing IPO globally in 2020.

With an illustrious 8-year tenure in the plant-based and cultivated food sectors, Mitchell brings a robust blend of experience and a proven track record of scaling consumer-facing brands to his new role at CULT. Mitchell Scott has been involved in the plant-based and cultivated food spaces for the past 8 years. He co-founded plant-based butchery The Very Good Butchers and oversaw its journey from a farmer's market stall to the top performing IPO (globally) of 2020, where at its peak, it achieved a market cap of almost $1 billion.

During his time there, The Very Good Butchers sold hundreds of thousands of boxes directly to consumers via their in-house ecommerce platform as well as on Amazon. They also established a retail presence in over 4000 retailers across North America with many stores carrying 10+ different products from the company. In addition, he launched their products into the U.K. and laid the groundwork for a European expansion.

Much of this growth was spurred on by the passionate community of fans (150k+ across Facebook and Instagram) that was built up over the years. Mitchell was able to successfully raise over $60M CAD for the company which helped fuel their growth and expansion efforts including impressive triple digit YOY revenue growth for three consecutive years (1M, 3M, 10M). He has a wealth of experience in building and scaling consumer facing brands and brings a growth mindset to everything he does.