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Branded Legacy, a holding company focused on the commercial development of hemp and cannabinoid-infused beverages, along with an array of CBD topicals and tinctures announces increased sales due to Spikes CBDX. The Company has seen an over 80% increase in revenues over its previous quarter in 2021. 

Tekni-Plex has completed its acquisition of rigid packaging manufacturer Grupo Phoenix, putting the company in a stronger position to broaden its market-focused, customer-driven innovations, especially in food and beverage markets.

Over the last 18 months, the COVID-19 pandemic has disrupted supply chains from end to end around the globe. In many cases, food and beverage processors suddenly learned the hard way where weaknesses in their supply chains were. Justin Marx, CEO of Marx Foods, a supplier to restaurants and home cooks, shares insights on the ongoing supply chain challenges facing the industry.

When strolling the aisles of a supermarket, consumers constantly evaluate products, often according to their packaging. People judge obvious things like uniform fill levels, straight labels, firmly closed caps, and so on. Many of these are cosmetic, but there is one evaluation point far more important: Is the package leaking? This is not always an easy thing to determine, which makes it even more critical since buyers may not realize what has happened until they get the product home, only to find it spoiled.

While the FDA over the years has allowed PFAS (per- and polyfluoroalkyl substances) to be used in paper and paperboard food packaging, it certainly makes sense today to eliminate as much PFAS as possible from the environment, because these chemicals (like the ones used in firefighting foams) simply don’t go away—they don’t naturally decompose—hence they’ve become known as the “forever chemicals.”

Cargill, Continental Grain Company and Sanderson Farms, Inc. have reached a definitive agreement for a joint venture between Cargill and Continental Grain to acquire Sanderson Farms for $203 per share in cash. This represents a total equity value for Sanderson Farms of $4.53 billion.

ABB will acquire ASTI Mobile Robotics Group (ASTI), a manufacturer of autonomous mobile robots (AMR), which has a broad portfolio across all major applications enabled by the company’s software. The acquisition will expand ABB’s robotics and automation offerings, providing the company with a complete portfolio of flexible automation technologies.