HP Ingredients (Bradenton, FL) signed a partnership agreement with Hemp Sail (SLV Hemp Distribution; Fort Collins, CO) to represent, sell, and market the ingredients produced by Hemp Sail—including hemp-derived 20% CBD water-soluble powder, 20% broad spectrum water-soluble liquid, USDA-certified organic broad-spectrum hemp distillate (non-detectable THC), and organic hemp tea—to the dietary supplement and functional foods and beverages market.
“HP Ingredients has long been interested in working with a quality, ethical and sustainable hemp and CBD provider, and we found Hemp Sail to fulfill our high expectations,” said Annie Eng, CEO of HP Ingredients, in a press release. “The CBD and hemp market shows no sign of slowing its incredibly rapid growth and the opportunities for distinctive product developments are bountiful, bountiful as HempSail has one of the widest inventories in the market.”
Tamera Rice, founder of Hemp Sail, said, “I took my time to get to know several potential partners with whom I wanted to represent my passion and the Hemp Sail line. Annie Eng and Hame Persaud are leaders in emphasizing full research portfolios for ingredients to provide traceability of efficacy and mechanisms of action. Everything they do is connected to scientific research. Together we will enrich the health industry.”
Judge denies CRN’s motion for preliminary injunction but its lawsuit against NY state will proceed
April 23rd 2024The judge in CRN's lawsuit against NY state's law banning the sale of weight management and muscle building supplements to minors has denied its motion for a preliminary injunction, but determined that CRN has standing to sue on behalf of its members.
Arla Foods to acquired whey nutrition business from Volac International
April 22nd 2024Arla Foods Ingredients has reached an agreement to acquire Volac’s Whey Nutrition business through a purchase of shares in Volac Whey Nutrition Holdings Limited and its subsidiary, Volac Whey Nutrition Limited and Volac Renewable Energy Limited.