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5@5: Maine is first state to ban Styrofoam | Oreo, Cadbury parent company to roll out hemp CBD-infused products

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.

Maine becomes the first state to ban Styrofoam

Governor Janet Mills signed a bill into law Tuesday effectively banning food containers made of Styrofoam from being distributed by all businesses in Maine. The law also applies to plastic beverage stirrers, and those who violate it could face a fine of up to $100. Read more at CNN …

 

Company behind Oreo and Cadbury leaps on the CBD bandwagon as it reveals plans to infuse its cookies and snacks with the trendy cannabis product

 

Mondelez is considering rolling out a CBD-infused snack item, depending on how the FDA chooses to regulate CBD nationwide in food. Should the agency approve CBD-infused products in stores, the company would likely roll out a new line of snacks or infuse other items rather than add CBD to their most popular snacks. Read more at The Daily Mail …

 

Scientists are gene-editing tomato plants for the International Space Station

Scientists at the University of California, Riverside, “have gene-edited tomatoes to have tinier leaves and stems, which could make them more a productive crop for farmers with limited space to grow food.” The plants were gene-edited using CRISPR technology, and are part of a wider farming technology efficiency movement to feed the eventual 9 billion people on the planet by 2050. Read more at New Food Economy …

 

Warren Buffett and Charlie Munger say Coca-Cola getting into cannabis would ruin the company’s ‘wholesome image’

Warren Buffet advised Coca-Cola to avoid entering the cannabis business, although earlier this year the company held talks with cannabis producer Aurora Cannabis regarding a potential CBD-infused beverage line. Coca-Cola “could be missing out on a huge opportunity if it heeds Buffett’s advice,” however, because the CBD market in the U.S. alone is expected to reach $16 billion by 2025. Read more at Business Insider …

 

Investors love fake meat. Will consumers?

Sales of plant-based meats have been surging recently, but they still represent just over 1% of the market. And vegetarians and vegans have largely remained the same in terms of size over the last two decades—meaning investors are really placing their bets on flexitarians’ desire for realistic meat substitutes and willingness to switch over from meat. Read more at The Wall Street Journal …

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