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Dave has declined multiple acquisition offers and remains sole owner of GT's Living Foods, which is worth over $900 million and represents 40% of the U.S. kombucha market. [1] In 2019, Dave donated one million dollars to Kombucha Brewers International in an effort to solidify a “standard of identity to protect the integrity of the product.” [7]
Kombucha (also tea mushroom, tea fungus, or Manchurian mushroom when referring to the culture; Latin name Medusomyces gisevii) [1] is a fermented, lightly effervescent, sweetened black tea drink. Sometimes the beverage is called kombucha tea to distinguish it from the culture of bacteria and yeast . [ 2 ]
GT's Living Foods' kombucha factory subjected workers to 'deplorable and abusive and disturbing working conditions,' according to a court ruling.
In December 2018, GTS acquired an ownership stake in Wavelength Capital Management, a quantitative investment firm. [9] In June 2019, after the acquisition of the two Cantor Fitzgerald divisions, GTS stated it would expand into US corporate bond trading. [10] In December 2019, GTS acquired the equity options trading division of Barclays. [11]
Brew Dr. Kombucha is an American company which makes a fermented tea beverage consisting of brewed organic whole tea leaves, dried herbs, roots, and fruits. [1] [2] Brew Dr. Kombucha is considered a major Kombucha drink company, and was named one of the fastest-growing companies in the U.S. [3] [4] [5] The brand was founded in 2008, and is headquartered in Portland, Oregon ().
Jun, or Xun, is a fermented drink similar to kombucha, differing only in that its base ingredients are green tea and honey instead of black tea and cane sugar.Jun is brewed by fermenting green tea (which has been sweetened with honey) with a symbiotic culture of bacteria and yeast (). [1]
The earliest mention of the term can be found in a lecture given by Dr. Allan Macfadyen of the Jenner Institute of Preventative Medicine in 1902. Dr. Macfadyen described symbiotic fermentation as noting "a close relationship between the organisms at work, the action of one aiding or modifying the action of the other, whilst both members are more active as a results of the partnership."
Other acidic bacteria, said to be probiotic, [35] [36] can be found in kombucha, including Gluconacetobacter xylinus, [37] [38] Zygosaccharomyces sp., Acetobacter pasteurianus, Acetobacter aceti, and Gluconobacter oxydans. [39]