CULT to buy Better Butchers

Future food investment company and alt-meat maker sign binding letter of intent.

CULT Food Science, an alt-meat investment firm focused on commercializing the products of cellular agriculture, on Wednesday announced it has executed a binding letter of intent with The Better Butchers (TBB), a Canadian alt-meat company.

The two companies have agreed that CULT will acquire 100% of TBB's issued and outstanding shares in exchange for 40 million…