All news articles for April 2020

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CBD firm pivots into hand sanitizer market

By Danielle Masterson

Global Cannabinoids has repurposed its contracts for ethanol used in hemp extraction toward the production of hand sanitizers. The result? A sprawling multi-million dollar business.

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Small Business Administration's Paycheck Protection Program: Take two

By Danielle Masterson

The last coronavirus relief package that was meant to ease the loan process for smaller supplement firms was largely deemed a disappointment by many. Now a new deal has been struck in the Senate, with the House expected to vote as soon as Thursday.

BGG extracts its astaxanthin from algae grown in a closed tube facility in Yunnan Province, which has reliable amounts of sunshine. BGG photo.

BGG to double capacity at astaxanthin farm in southwestern China

By Hank Schultz

Chinese astaxanthin supplier Algae Health Science, a subsidiary of BGG World, has announced an expansion of its photobioreactor farming facility that will make it one of the biggest, if not the biggest, sources of the carotenoid in the world.

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New Virginia law recognizes hemp extracts as food

By Hank Schultz

The State of Virginia has passed a law defining hemp extracts as an approved food. The law also allows a more liberal amount of THC in these products during the growth phase than does the federal description of industrial hemp.

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