11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
Product Testing for Safety and Accuracy
Safety testing of ingestible cannabinoid products is essential to the long-term health of the industry. In May, a Florida company recalled lead tainted product discovered through the Florida Department of Agriculture and Consumer Services (FDACS) newly instituted random testing of retail CBD products. Last week, FDACS announced that a number of other contaminated products were discovered by their efforts. The contamination was said to be of “toxic waste” proportions, with up to 18ppb of lead, over 3 times that allowed. Neither brands nor product types were included in the announcement, but the official in charge of Florida’s hemp program, Holly Bell, speculated that glass bottles and droppers – typically sourced from China – were suspect. …