5@5: AccelFoods selects 6 more startups | DEA won't ban kratom—at least for now5@5: AccelFoods selects 6 more startups | DEA won't ban kratom—at least for now
Each day at 5 p.m. we collect the five top food and supplement headlines of the day, making it easy for you to catch up on today's most important natural products industry news.
October 13, 2016
AccelFoods has a new cohort of food-focused startups
The investment fund and accelerator has taken on six new early-stage food and beverage companies including Brami, maker of lupini bean snacks, and kids snacks company Kidfresh. Read more at Tech Crunch...
The DEA is withdrawing a proposal to ban another plant after the Internet got really mad
Public outcry—and urging from members of Congress—persuaded the Drug Enforcement Administration to reverse its decision to list the herbal ingredient kratom as a Schedule 1 Controlled Substance—at least for now. The DEA will open a public comment period through Dec. 1. Read more at The Washington Post...
Tax soda to fight obesity, WHO urges nations around the globe
Taxes on high-sugar beverages have led to a 20 to 50 percent reduction in consumption in the areas where they've been put in place, according to a new report from the World Health Organization, which is urging governments across the world to implement them. Read more at NPR...
USDA: Egg group inappropriately targeted vegan spread
A year-long USDA investigation into the American Egg Board's actions targeting vegan spread maker Hampton Creek determined the actions were inappropriate. "The investigation underscores the murky and often contentious space occupied by checkoff programs, and the gaps in the USDA's oversight of them," the Associated Press notes. Read more at The State...
Why Americans are eating less cold cereal for breakfast
Consumer demand for heathier, more convenient products is having a negative effect on the cereal market. Read more at Los Angeles Times...
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