The Natural Confectionary Co (owned by Mondalez) has just launched vegan lollies (gelatin = not vegan).
I reckon it’s only a matter of time before CLB does the same thing. It’s a large and growing market and investors are looking for exposure to this consumer trend - just look at Beyond Meat, WOA and MBH locally. If/when it does happen it should act as a positive price catalyst IMO.
http://www.foodanddrinkbusiness.com.au/new-in-store/confectionery-aisle-makes-way-for-vegan-jellies
Why Candy Club is a buy, page-36
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