A Silicon Valley company that turns living things into products says it has a solution to the CBD industry’s flavor problem

with marijuana maker Cronos to churn out similar ingredients, including those present only in very low quantities in the cannabis plant such as THCV.Little is known publicly about Lavvan, but its new CEO, Etan Bendheim, took on the role after a 10-year run at livestock pharmaceutical company Phibro Animal Health, where he served most recently as its director of strategy.

The deal between Amyris and Lavvan includes research and development, milestone payments, plus long-term royalties. It also includes the rights to manufacture 20 different compounds in the marijuana plant, Melo said. For now, they will aim to start churning out CBD.One potential obstacle that Amyris could face is demonstrating that their scientific approach to sweetener and skincare works with cannabis. Melo is optimistic, however.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Betting big on CBD: How to start a business few people understandAs CBD popularity explodes, new products are flooding the market. But with little regulation, how how can consumers know what’s actually good? For Nick Aragonesi, owner of the CBD Superstore in Queens, New York, that’s the problem he tackles every day. how how POISON when did pot become so complicated?
Source: NBCNews - 🏆 10. / 86 Read more »

U.S. Hemp Authority Awards Seal For 13 High-Quality CBD CompaniesThe U.S. Hemp Authority awarded 13 high-quality CBD companies with a special quality seal.
Source: Forbes - 🏆 394. / 53 Read more »