Europe loosens its stance on CBD as U.S. market grows

Last month, the EU’s high court, the Court of Justice, ruled that CBD derived from the entire hemp plant is not a narcotic per an international drug treaty, allowing the ingredient to be traded freely and legally among member states. The Court has yet [...]

Food Price Index rises for second month

Adjusted for inflation, the September FAO Food Price Index was reported up 2 percent from August and up under 6 percent YOY. This is the fourth straight month of monthly gains but only the second straight month of YOY gains. Month on month, most [...]

Halloween preppers thrill to early candy offerings

This year, Halloween falls on a Saturday, which usually engenders a comfy feeling for the confectionery industry. Saturday is clearly the best day for partying, tot-style and otherwise, and sales of candy and other fun stuff reflect higher participation. However, with efforts to contain [...]

COVID-19 boosts Japan’s food retail sales

Supermarkets in Japan saw YOY sales increase by 20 to 30 percent in March and April. Demand has been especially strong for wheat flour and wheat cooking mixes, vanilla extracts, pastas and sauces, and sweet syrups, per Toyo Economic. A recent USDA GAIN report [...]

Sweetener consumers (or lack thereof) broken into segments

Findings from a recent ADM study suggest that the processed food industry is focusing less on engineering products to meet labels claims and more on the ingredients list of existing products. ADM’s Amy Williams highlighted that packaging claims such as “reduced sugar” or “diet” [...]

Lower meat supply boosts sales of plant-based alternatives

Retail meat supplies are limited as both hog and cattle slaughter are down roughly 40 percent YOY, and consumers are buying excess meat to freeze for a later date, per Supermarket News. Various grocery store chains, including Costco and Kroger’s, have begun to limit [...]

New life for unusual metric? The Waffle House Index

Waffle House restaurants have a reputation as a hardy breed: The average Waffle House is unfazed by bad weather that shutters other restaurants. Even after all but the worst disasters, Waffle Houses are usually open right after with little effect other than perhaps taking [...]

Here is what we learned at the American CBD Expo

The American CBD Expo in San Jose, CA gave businesses and consumers the opportunity to learn about an industry in which daily growth is the expectation. The expo featured over two dozen vendors, including business insurers, CBD testing labs, hemp nurseries, and edible and [...]

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