Pluri Subsidiary Coffeesai Partners with Mexico’s INCAFECH to Advance Cell-Based Coffee Manufacturing

Pluri Inc. (NASDAQ:PLUR) is one of the best long term penny stocks with huge upside potential. On October 8, Pluri announced that its wholly-owned subsidiary, Coffeesai Ltd., had signed a collaboration agreement with the Instituto del Café de Chiapas/INCAFECH, a public body of the State of Chiapas, Mexico. The purpose of this state-backed collaboration is to advance cell-based coffee manufacturing in Mexico, positioning Chiapas, the country’s leading coffee-growing region, as a hub for innovation.

Coffeesai develops sustainable cell-based coffee products, using Pluri’s proprietary 3D cell expansion platform and two decades of expertise to create solutions. The partnership outlines a multi-phase, capital-light roadmap to de-risk commercialization.

Pluri Subsidiary Coffeesai Partners with Mexico's INCAFECH to Advance Cell-Based Coffee Manufacturing.

This effort is designed to create shareholder value for Plurithrough potential non-dilutive revenues from License and Technology Transfer, as well as recurring revenue streams via Royalty-bearing models, joint ventures, and potential sales tied to large-scale production.

Pluri Inc. (NASDAQ:PLUR) is a biotechnology company that researches, develops, and manufactures cell-based products, cell therapeutics, and related technologies for various industries.

While we acknowledge the potential of PLUR to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than PLUR and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.