Archives for April 4, 2022

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CV Sciences reports 18% revenue drop for ‘challenging’ 2021

CV Sciences reports 18% revenue drop for ‘challenging’ 2021

By Stephen Daniells

San Diego-based CV Sciences, one of the bell-weather companies in the hemp and CBD space, has reported a decline in revenues for the past financial year, but new initiatives have positioned the company for long-term growth, says its CEO.

Tate & Lyle to acquire Chinese dietary fiber business

Tate & Lyle to acquire Chinese dietary fiber business

By Jim Cornall

Tate & Lyle PLC has signed an agreement to acquire Quantum Hi-Tech (Guangdong) Biological Co., Ltd (Quantum), a prebiotic dietary fiber business in China from ChemPartner Pharmatech Co., Ltd (ChemPartner) for a total consideration of $237m.