US confirms review of CBD foods regulation
The US Food and Drug Administration believes a “new regulatory pathway” for foods and supplements containing CBD is needed.
The US Food and Drug Administration believes a “new regulatory pathway” for foods and supplements containing CBD is needed.
Inflation, availability of debt and cost of living are all to blame for lower number of deals – but tick-up is predicted for 2023.
CEO Lawrence Kurzius described 2022 as “a challenging and volatile year
ByHeart said the acquisition in Iowa means it has capacity to produce enough formula for 500,000 infants each year.
The organic dairy brand said it was impressed by The Curators’ distribution channels and “vision to build a leading functional snacking brand”.
It said US businesses Horizon Organic and Wallaby had a “dilutive” effect on sales growth and are under strategic review.
“Strong price rises were seen across most food and non-food grocery products,” the Australian government reported.
The probe follows a similar investigation into misleading green claims in the country’s fashion industry.
John Tyson, great-grandson of the company’s founder, was found asleep in a stranger’s bed last year.
An earlier report on the infant-formula crisis called for change at the FDA.
“It’s a difficult, volatile market and the business has got off to a slower start to the year than envisaged” – CEO Dalton Philips.
Job losses are mounting in the UK’s food industry, with 2 Sisters the latest to reveal plant closures.
On the heels of the pandemic and two years of food inflation, the CPG industry needs renewal; a new commitment to innovation. It also needs to do the right thing.
CEO Chris Schutte warns of potential job losses linked to “demise” of South Africa’s infrastructure.
The FDA’s initiative has been criticised by one campaign group for not going far enough.
General Mills acquired Food Should Taste Good in 2012.