Sunday, November 30, 2008
Gluten-Free Boulder Canyon Adzuki Bean Chips
A couple months back, I discovered these gluten-free Boulder Canyon brand Rice and Adzuki Bean Chipotle Cheese snack chips at CostCo. I purchased a bag the first time I encountered them, and after trying them, the next time I was at Costco, I picked up a few bags - they were most excellent! Their bag was clearly marked "gluten-free", which is the one reason I bought them to try, and I was glad I did.
Essentially the Adzuki beans and cheese and spice made for something like a gluten-free Doritos (brand) tortilla chip, though a bit lighter in texture since they are rice-based (vs. Corn). Also, the PRICE was right : $4.79 for a 20-ounce (i.e., Large) bag of these chips, which is price competitive with non-gluten-free equivalents, and a super bargain for gluten-free snacking!
I was actually so impressed by these gluten-free snack chips that I went digging to find out more about the company that makes them : Inventure Group Inc. (Public, NASDAQ:SNAK). I was delighted to see that they were publicly traded on the NASDAQ, unlike quite a few smaller players that make some of my favorite gluten-free foods.
This chart shows the stock-price for Inventure Group since early October, during the insane market panic period of recent. I decided that, although Inventure makes other gluten-containing snaks, I liked their gluten-free snack chips enough that I said "why not, I'll bet on them doing OK", and waited for a nice daily-dip in price to occur.
The stock hit intra-day lows of a dollar a couple times, and I snagged some at close to that price. I figured that for the price of a few bags of chips, I could also own some stock. SNAK (ticker symbol) has since posted solid earnings, announced a stock buy-back, and has now climbed back to $1.85/share, and I hope it returns to and stabilizes near their longer-term average of $3 or $4/share (or, perhaps a buyout buy a larger player). But, more than anything, I hope they continue to manufacture great-tasting gluten-free snacks that I can enjoy! Of course, it will sure be nice if I make enough off their stock to pay for all of their snack chips I am eating :)
It is not often I get to combine my financial / stock-market blog topics with my gluten-free blog entries, but this made for a perfect opportunity. Regardless of whether you are an investor or not, I am rather certain if you are reading this blog that you are wheat-free and/or gluten-free, and as such, these Boulder Canyon brand chips are a nice crunchy, tasty treat.
You can safely put these gluten-free chips out at a party and know everyone (not just celiac sufferers) will enjoy them -- all my family and friends love these chips, and they have had me pick up bags from CostCo for them too... all which makes for a good vote of confidence in the product. The *only* complaint I have is that if I eat too many of these chips at once, like most snack chips, they start to become a bit salty for me.
I am not sure if you can easily obtain these chips elsewhere (I have only seen at CostCo thus far), but hopefully they are available at a store near you.