Bearing manufacturer SKF has realized the importance of the operational insights that can be gleaned from data, and it's turning this digital transformation into a major part of its business.
As reported by BDS Analytics, consumer spending on cannabis-based foods and beverages reached an estimated $1 billion in 2017 in the U.S. and Canada—and is projected to grow to more than $4.1 billion in those countries by 2022.
These projects show that renovations and new facilities aren't just for the billion-dollar food and beverage processors. Small and medium-sized processors can benefit from properly scaled and engineered solutions too.
Ingredient companies use extraction technologies to concentrate the active components in cannabis. This is a boon to makers of legal cannabis edibles and beverages seeking to produce a variety of functional commercial products that have consistency and quality.
Graham Packaging has been awarded a 2019 Sustainability Award from the Business Intelligence Group in the Sustainability Leadership (Organization) category. Graham was the only packaging company to receive an award in this category.
The food industry is undergoing rapid change, much of which is driven by high consumer and retailer expectations when it comes to food freshness, quality, safety and expedience. That’s a tall order for brands to fill while also focusing on innovation and adapting packaging to align with changing retail trends such as e-commerce.
The FDA recently held a hearing designed to include information and views related to the safety of cannabis edibles and beverages—with a strong emphasis on cannabidiol (CBD) ingredients—as well as to solicit input relevant to the agency's regulatory strategy for existing products.
While records of medical and therapeutic use of cannabis go back thousands of years, several points in history proved instrumental to furthering the ongoing body of research.