Kemin launches Luxiva line of CBD distillates
BPC Staff Jun 16, 2022 | 2:49 pm
1 min read time163 wordsAll Latest News, Iowa News, Manufacturing & Logistics
Kemin Industries, a Des Moines-based global ingredient manufacturer, announced it has launched a new line of hemp cannabidiol (CBD) distillates. The new Luxiva CBD line includes “two new products that are USDA-certified organic and fully traceable to hemp farms in the Midwest United States,” said Tyler Holstein, global product manager of Kemin Human Nutrition and Health. “They provide the added benefit of certification by a credible source — something that CBD consumers look for when making their purchase decisions.” Kemin announced in January it has taken an equity stake in Driftless Extracts, a USDA-certified organic hemp producer, processor and ingredient supplier and entered into a supply agreement for the division to expand its offerings of hemp-based ingredients in the U.S. and globally. The U.S. retail hemp-cannabidiol market is booming, currently valued at $803 million, with growth expected to reach 1.2 billion by 2023, according to Nutrition Business Journal. More information about the Kemin portfolio of organic, hemp-based ingredients can be found at www.kemin.com/luxiva.