In Nutritional Outlook's 2018 Best of the Industry Awards, we are recognizing individuals, groups, and companies whose initiatives today may help shape, for the better, the state of the dietary supplement and food and beverage industries for years to come.
In Nutritional Outlook's 2018 Best of the Industry Awards, we are recognizing individuals, groups, and companies whose initiatives today may help shape, for the better, the state of the dietary supplement and food and beverage industries for years to come.
First, there is CV Sciences, a company doing its best to establish a responsible presence in the midst of the mushrooming CBD market. As more CBD players, delivery forms, and product claims fly about the market-with little guidance, it seems-CV Sciences is staying grounded and, in a historical move, has become the first CBD nutraceutical firm to achieve a Generally Recognized as Safe (GRAS) self-determination for its proprietary, natural, CBD-rich hemp extract. This GRAS self-determination now sets the bar in the CBD market and an example for other CBD firms to follow, and there is no telling how this GRAS self-determination could pave tomorrow’s road to a better regulatory environment for CBD supplements and food.
Ardent Mills is another company laying a path forward for the markets it serves. Its new business unit, The Annex by Ardent Mills, is committed to increasing the supply of ancient and heirloom grains in North America through its grower relationships and taking an end-to-end look at the supply chain, helping formulators by providing innovative new grain formats and guidance. Altogether, the ability to source grains domestically and from more regions of North America will help companies as they face growing demand for these grains in healthy foods and beverages.
We are also recognizing two new initiatives, the Supplement Safety Compliance Initiative (SSCI) and the Global Retailer and Manufacturer Alliance (GRMA), for the work they are doing to, if all goes well, increase the level of industry self-regulation and quality control. While these initiatives are still in their infancy, their achievements so far in bringing together stakeholders throughout industries will help companies and retailers ensure that the quality standards and the benchmarking of those standards at the end of the day secure a safer, higher-quality product market for consumers.
And then there is Senator Orrin Hatch, whose support of dietary supplements has been the industry’s foundation-past, present, and future. The industry owes much of its existence today to Senator Hatch’s contributions. As Senator Hatch retires his congressional seat at the end of year, industry leaders remember his support and his friendship.
Congratulations again to Nutritional Outlook’s 2018 Best of the Industry winners.
Jennifer Grebow
Editor-in-Chief
2018 Award Winners
Industry Leader: Senator Orrin Hatch
Retail Brand/Product: CV Sciences
Ingredient Supplier: The Annex by Ardent Mills
Magnesium L-threonate, Magtein, earns novel food authorization in the European Union
December 19th 2024According to the announcement, the authorization is also exclusive to AIDP and its partner company and licensee, ThreoTech, meaning that they are the only parties that can market magnesium L-threonate in the EU for a period of five years.