Beyond Meat, PepsiCo Launch First JV Product 'Beyond Meat Jerky'

• Beyond Meat Inc (NASDAQ:BYND) and PepsiCo Inc (NASDAQ:PEP) launched Beyond Meat Jerky, the first product from the two companies' joint-venture, Planet Partnership, LLC.
• The plant-based jerky will be rolled out at stores nationwide starting in March.
• Beyond Meat Jerky is marinated and slow-roasted to offer the taste of beef jerky in three flavors, Original, Hot & Spicy, and Teriyaki.
• Beyond Meat Jerky contains 10g of protein per serving, no cholesterol, and is made with plant-based ingredients like peas and mung beans, all without GMOs, soy or gluten.
• Planet Partnership was formed in 2021 to develop, produce and market snack and beverage products made from plant-based protein.
• Price Action: BYND shares are trading lower by 1.07% at $50.73, and PEP lower by 0.13% at $164.13 on the last check Wednesday.