RKDA stock is up more than 115% since it was profiled on GuerillaStockTrading.com on August 11, 2019 here.

The latest news driving the stock higher is that the company sees FY21 revenue exceeding $30M. Matthew Plavan said, “Our commercial progress thus far in 2019, punctuated by our Arista wheat collaboration announced today, has illuminated our path to new revenue generation. With global distribution channels set for our flagship GoodWheat ingredient- high fiber resistant starch wheat-and our acquired experience with hemp in the lab, the field and in the product markets, we now have a clearer view on the timing and scale of incoming revenues. In fact, we believe these revenues are imminent and could scale significantly from our current levels. As a result, we can with confidence provide our investors financial guidance to better align market expectations for growth and value creation at Arcadia. Specifically, in 2020 and 2021, we expect total revenues will exceed $10M and $30M, respectively. And, with this revenue trajectory, we expect to begin generating net cash from operations in mid-to-late 2021. We are aligned around a single-minded focus: profitable growth. We look forward to reporting our key milestone achievements in the lab, in the field and in the commercial markets as we progress towards accomplishing these financial goals.”

RKDA stock is also moving higher on August 26, 2019, after the company announced a binding term sheet agreement with Arista Cereal Technologies and Bay State Milling Company for commercialization of its high fiber resistant starch wheat in key wheat markets, including North America, Europe and parts of Asia.

Under the terms of the binding agreement, Bay State Milling will become the exclusive commercial partner for Arcadia’s high fiber wheat in North America under Bay State Milling’s HealthSense™ brand portfolio, while Arista receives exclusive rights under Arcadia’s intellectual property in Australia, New Zealand, Europe, Japan and South Korea. Arcadia will continue to market its high fiber wheat under its GoodWheat™ portfolio of specialty wheat ingredients in other international markets. The agreement resolves an intellectual property dispute between the three companies over Arcadia’s high fiber wheat. The agreement earns Arcadia royalties for sales of its wheat varieties in North America by Bay State Milling, plus additional considerations.

“We are pleased to have entered into an agreement with Arista and Bay State Milling that will accelerate commercialization of our high fiber wheat in key wheat markets – and capture revenue in 2019 and beyond,” said Raj Ketkar, president and CEO of Arcadia Biosciences. “Bay State Milling is an excellent partner for North America, bringing its strengths in milling, identity preserved supply chains and technical support of customer food companies.”

“We continue to see tremendous opportunity for high fiber wheat flour – particularly in the United States, where consumers are increasingly mindful about the nutrition their food delivers,” said Peter Levangie, president and CEO of Bay State Milling. “As a result, our customers – food manufacturers – also are looking for ingredients with added nutritional value from natural sources. We are excited to add Arcadia’s high fiber wheat to the HealthSense brand and bring it to customers to help close the fiber gap and improve consumer health in North America.”

Eric Vaschalde, CEO of Arista Cereal Technologies, added, “We are pleased to have reached an agreement that resolves our ongoing patent dispute and puts our focus on successfully bringing high fiber wheat to market across our wide platform. After decades of research and development, Arista focused its initial market development in North America with its partner, Bay State Milling. This agreement not only bolsters Bay State Milling’s commercial opportunities, but it also enhances the global intellectual property for all parties to the agreement.”

Arcadia’s high fiber wheat delivers multiple times the resistant starch as traditional wheat and significantly higher amounts of dietary fiber than traditional wheat flour. Because of its high fiber content, consumer product goods companies, food manufacturers and food service retailers can reduce the need to add other sources of fiber in their formulation and simplify their ingredient labels.

In 2015, the global flour market was valued at $200 billion and is estimated to reach a value of $270 billion by 2022. The United States Department of Agriculture reported the total value of wheat production in the U.S. was $9.7 billion for 2018. Wheat contributes about 20 percent of the total dietary calories and proteins worldwide, according to a 2013 paper published in Food Security. Arcadia’s high fiber wheat can provide additional, proven health benefits for consumers who want to continue to enjoy the wheat-based foods they love.

RKDA stock has soared after the Supertrend buy signal on August 9, 2019

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