Two unrelated items today.
First, quickly: a recall has been issued in California for 2,200 pounds of Silva Sausage Co.’s Neto’s Mexican Chorizo. The chorizo contains undeclared wheat. Affected sausage was packed in 5-pound bags for industrial use — in other words, you won’t see this in the supermarket but be careful with chorizo when out and about in the Santa Clara area.
More information including the lot numbers affected, on the FDA’s website.
Second, and very NOT-recalled because there’s nothing wrong with it: Annie’s! We all love them, right? I mean, who doesn’t love gluten-free mac & cheese? They’re now poised to usher in a wave of natural, organic and even gluten-free…stocks.
Yup, you heard right. Annie’s has issued an IPO for 100 million dollars, says the Wall Street Journal. No IPO date has been set yet, according to New Hope 360, but when the stock appears on the New York Stock Exchange it will be with a fitting ticker symbol: BNNY.
Initial buzz is quite strong and it seems that Annie’s will have no trouble finding investors to subscribe, given their strong track record of profitability. The company currently has 125+ products (NB: not all are gluten-free) sold in over 25,000 retail locations in the US.
If you’d like to read more, this WSJ profile from 2005 has nice background on Annie’s (fun fact: Annie got her start inventing Smartfood popcorn). Or if you’re feeling governmental, New Hope 360 found the S-1 form Annie’s filed with the SEC.
Would you buy stock in Annie’s? What other gluten-free goodies would you invest in?