5@5: Congress pushes back on DEA's kratom ban | Costco's plans for organic

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 1, 2016

2 Min Read
5@5: Congress pushes back on DEA's kratom ban | Costco's plans for organic

Kratom has the Senate's attention, and the DEA's Schedule 1 date may shift

Last month the U.S. Drug Enforcement Administration announced plans to ban the herbal ingredient kratom. But supplement advocate Sen. Orrin Hatch is circulating a letter petitioning the DEA to postpone its plans until it allows for public comment and provides Congress with justification for its decision. Some 51 members of the House of Representatives signed a similar letter. Read more at Forbes...


Lifestyle approach drives organic sales at Costco

When it started selling organic products nearly two and a half decades ago, Costco didn't set out to become the nation's top seller of organic produce. But according to a 2015 report from BMO Capital, it has. And it has no plans to slow down—during a recent earnings call, CFO Richard Galanti said it expects organic sales to be up 20 percent in the coming year. How's it doing that? By helping suppliers grow, and merchandising organic options throughout its store. Read more at The Packer...


Even a 14-cent food tax could lead to healthier food choices

That's according to researchers who used milk consumption as a model. They analyzed six years of weekly milk sales data from 1,700 stores across the U.S.—some that had flat prices across all milk types, and some that priced milk with lower fat content cheaper. Read more at Harvard Business Review...


Whole Foods kicks a whole lot to Olympia Provisions

This Portland charcuterie company landed $100,000 from Whole Foods Market's Local Producer Loan Program to install a new blast chiller that will help it increase its production capacity and improve quality. Read more at Portland Business Journal...


A Disneyland of organic delights at Olmsted

A new garden-to-table restaurant in Prospect Heights, Brooklyn, is a charming collaboration between a chef and a farmer. Read more at The New Yorker...

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