Batory Foods, BioHarvest Sciences enter the U.S. nutraceutical, edible CBD market

September 21, 2020

Batory Foods (Rosemont, IL) and BioHarvest Sciences Inc. (BHSC) signed a performance-based agreement to enter the U.S. nutraceuticals market and the edible CBD market.

Batory Foods (Rosemont, IL) and BioHarvest Sciences Inc. (BHSC) signed a performance-based agreement to enter the U.S. nutraceuticals market and the edible CBD market. Batory Foods offers commodity and specialty food ingredients, including sweetener solutions, and BHSC offers a patent-protected Biofarming technology in addition to a portfolio of products.

“Teaming up with BHSC is an exciting development in our organization, as we strategically diversify our product portfolio to include on trend functional ingredients and develop exclusive partnerships with innovative organizations like BHSC,” said Vince Pinneri, president of Batory Foods, in a press release. “Aligning with strategic partners such as BioHarvest Sciences allows us to provide value throughout the entire food chain and bring innovations like these to life."

Ilan Sobel, CEO of BHSC, said: “This unique partnership solidifies BHSC’s B2B pillar of its recently unveiled growth strategy and not only provides for significant revenue generation and penetration of BHSC’s products, but also brings to the business important manufacturing scale which will continue to improve BHSC’s weighted gross profit margin across its B2B and B2C channels.”