Constellation Brands, the owner of Corona beer, is acquiring a 9.9 percent stake in Canopy Growth Corporation, the world’s biggest cannabis producer. Canopy Growth confirmed in a press release Monday that the two companies will collaborate to “develop and market cannabis-based beverages”, which they hope will be able to be sold as adult-use products in […]
Etiqueta: markets
Kerry Group confirms Ganeden acquisition, updates medium-term growth targets at Capital Markets Day
Kerry Group has confirmed the acquisition of US-based technology and innovation company Ganeden at a Capital Markets presentation, which is being held today. The presentation also updates the group’s medium-term growth targets and objectives. Kerry points out that the newly acquired probiotics manufacturer Ganeden, based in Cleveland, Ohio, with current year revenue of approximately US$25m, […]
Spanish scientists roll out low gluten wheat alternative onto new markets
Tritordeum is a trademarked commercial brand developed from durum wheat (Triticum durum) and a wild barley (Hordeum chilense) that is being introduced into the UK and other countries around the world. Researchers at Agrasys, a division of the Spanish National Research Council (CSIC), spent almost 30 years developing the new GMOfree organic cereal using traditional […]
Natural color demand is especially high in these food and beverage markets
It’s one of the first things consumers notice about a food or beverage product: color. But with clean-label demand spreading across the market, colors are increasingly about more than just what meets the eye. Natural colors are now a purchasing priority for an enormous chunk of the U.S. consumer base, and brands big and small […]