The recent upheavals in the United States around race relations has the nation questioning the insidious role prejudice has played in many walks of life. One group is seeking to use that rekindled awareness as added leverage to ensure equal opportunity...
Dietary supplement manufacturer Pharmavite has filed a RICO lawsuit against the Clean Label Project, alleging that the organization’s testing and product grading activities amount to a protection racket.
Herbal supplements continued the strong growth they have enjoyed for over the past decade by notching an 8.6% sales gain in 2019, according to the American Botanical Council.
While sales of natural and organic products continue to grow in the high single- digits year-over-year, the industry’s lack of leadership diversity, including brands owned by people of color and women, is holding it back from its full market potential,...
The hemp/CBD industry may have gotten the cart before the horse in terms of extraction capacity and raw material supply, said an investment analyst familiar with the sector.
Not all supplement and food ingredient manufacturers have benefited from pandemic demand upticks. RiceBran Technologies said consumers stocking their pantries with rice meant it had less raw material to work with, which hurt financial results.
Multi level marketing company Nature’s Sunshine has reported flat to falling sales in all of its markets. In an earnings call, one analyst even suggested the company leave the markets in Latin America altogether.
CBD manufacturer CV Sciences has reported a sharp drop in revenue, but company officials said wider distribution and new launches—including a product that contains no CBD—promise a bright future.
Network marketing company Usana turned in solid results in its second quarter despite the interruption of face-to-face selling and recruitment that is the core of the MLM model.
Deerland said it has completed the integration of Danish firm Bifodan AS, which it acquired in 2019. The company said this means customers have seamless access to all of its products.
New Hope Network, a division of Informa Markets, has announced that its Expo East trade show, which had been scheduled for late September in Philadelphia, has been cancelled.
Neptune Wellness Solutions reported a 21% rise in full year earnings. The Canadian company took in $21.7 million in its most recent fiscal year, compared to $17.9 million for the year previously.
