Andrew Levitt, CEO and Founder of plant-based meal-kit company Purple Carrot, discusses the goal of the company, which is to make vegan food for non-vegans. Levitt also weighs in on the struggling Blue Apron IPO and what that means for the future of his company. Levitt is not a vegan himself but engages in a heavily plant-based vegan diet. He speaks about the environmental and health impacts of the diet, from eliminating depression to reducing the side effects of Crohn's Disease and Cancer. Levitt talks about Tom Brady's lifestyle brand "TB12" and its partnership with Purple Carrot. The meal-kit company offers a plant-based option that is high in protein for those that lead an active lifestyle. Levitt also talks about what Amazon's move into the grocery business means for his company. He also weighs in on the unfortunate timing of the Blue Apron IPO and how its struggles have cast a shadow on the meal-kit market as a whole.

Share:
More In Business
Is U.S. Restaurants’ Breakfast Boom Contributing to High Egg Prices?
It’s a chicken-and-egg problem: Restaurants are struggling with record-high U.S. egg prices, but their omelets, scrambles and huevos rancheros may be part of the problem. Breakfast is booming at U.S. eateries. First Watch, a restaurant chain that serves breakfast, brunch and lunch, nearly quadrupled its locations over the past decade to 570. Fast-food chains like Starbucks and Wendy's added more egg-filled breakfast items. In normal times, egg producers could meet the demand. But a bird flu outbreak that has forced them to slaughter their flocks is making supplies scarcer and pushing up prices. Some restaurants like Waffle House have added a surcharge to offset their costs.
Trump Administration Shutters Consumer Protection Agency
The Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively shutting down the agency that was created to protect consumers after the 2008 financial crisis and subprime mortgage-lending scandal. Russell Vought is the newly installed director of the Office of Management and Budget. Vought directed the CFPB in a Saturday night email to stop work on proposed rules, to suspend the effective dates on any rules that were finalized but not yet effective, and to stop investigative work and not begin any new investigations. The agency has been a target of conservatives since President Barack Obama created it following the 2007-2008 financial crisis.
Load More