Tim Horton’s announces addition of Beyond Meat products
Canadian coffee chain Tim Hortons announced on Wednesday that it is adding three new sandwiches to its menu using vegan meats from Beyond Meat, leading to a surge in shares for the plant-based company. Reuters reports that shares for Beyond Meat have almost doubled since it debuted on the Nasdaq in early May. The Los Angeles-based company is now valued at $5.35 billion at a high of $91.80 per share. A number of fast food chains already serve vegan meats, with many from Beyond Meat. Del Taco uses their plant-based crumbles in its vegan tacos and Carl’s Jr. sells their faux burger patties in its cheeseburgers. On Tuesday, Burger King announced that it, too, would be selling vegan patties–made by Impossible Food–in their Whopper sandwiches in select markets.