QMS
Forward looking CBD companies have Quality Management Systems (QMS) integrated in their operations, regardless of state or federal requirements. Only a handful of states require a QR code added to the label, allowing customers to see what is in the product, where it was produced, and a third-party analysis. Track and trace systems need to be implemented industry wide, but many of the thousands of retail CBD brands do not take advantage of this technology.
QR codes that resolve to a third-party domain are much more desirable from a customer or regulator’s perspective. Some labs provide this, allowing buyers of wholesale lots to independently verify analysis on their servers. This should be extended to the retail arm of the cannabinoid trade to build…
11.12.2024
Glycerin prices seen supported by declining biodiesel margins
Glycerin is a co-product of biodiesel production, and its supply is dependent on biodiesel margins. The more profitable the margin environment for biodiesel, the larger the supply of glycerin....
11.12.2024
Animal fats and oils prices stable amid losses in vegoil markets
"I think the big drop in soybean oil had everyone take a pause,” one source said.
December soybean oil futures closed at 46.23 cents per lb on Tuesday, down by...
11.12.2024
Meat and bonemeal, bloodmeal higher on active demand
Prices were highly mixed on Tuesday November 12, with active demand reported by market sources.
Porcine meat and bonemeal prices were steady to higher according to sources...