KD Pharma expands CBD manufacturing capability with acquisition Fish oils supplier KD Pharma has moved more aggressively into the cannabinoid space with the acquisition of the manufacturing assets of a Swiss CBD and phyotextract specialist firm, the company announced today.
The new development will be tightly focused on supply active pharmaceutical ingredients for new drug development, said Adam Ismail, chief strategy officer for the company. To some degree it’s a statement about how the uncertain regulatory framework for hemp/CBD nutritional products in the United States, Europe and elsewhere is inhibiting innovation.
“Our focus is really on the pharma market for cannabinoids. That’s where we really see a lot of growth potential. It has a completely different regulatory framework from supplements,” Ismail told NutraIngredients-USA.
NPA, others support CA CBD bill while still advocating for federal solution Yesterday the Natural Products Association testified in favor of a California bill to regulate the CBD trade in that state. NPA and others, however, have reiterated a call for federal legislation that would forestall the growing patchwork quilt of state regulations.
The bill, designated as SB-235, was introduced in the California Senate on Jan. 19 by Sen. Ben Allen. The bill is the counterpart of an Assembly bill (AB 45) that was introduced by Assemblywoman Cecilia Aguiar-Curry.
In absence of federal rules regarding the hemp/CBD trade, the bill would:
Industry group clarifies hemp definition in wake of Delta-8 THC confusion Recent news reports about the marketing of products featuring Delta-8 THC as a prominent constituent have muddied the waters enough that the US Hemp Roundtable felt it necessary to clarify again what should and shouldn’t be called a hemp product.
Recent headlines in both
The New York Times and
Rolling Stone magazine have created some confusion, said Jonathan Miller, an attorney in the firm Frost Brown Todd who is also general counsel for the roundtable, a hemp industry group.
Recent news reports obfuscate the issue
The Times headline read;
Consumer demand for functional products is rising. SōRSE Technology’s Director of Research and Analytics, Donna Wamsley, speaks to FoodNavigator about the ingredients that are poised to benefit.
Even as consumers seek ingredients that promise to boost their immunity, reduce their stress and support their well-being, sales of functional foods and beverages were held back in 2020 compared to organic due to shifting shopping preferences away from the categories in which they are concentrated, according to data presented at New Hope Network’s virtual Spark Brand Success conference this week.