In this episode:
On CPG Week, the podcast team explores the uphill battle for industrial hemp food and beverage brands as individual states enact restrictions, a juice category merger and the growing snack portfolio of Our Home.
Before jumping into the week’s news, Nosh managing editor Monica Watrous gives senior reporters Lukas Southard and Brad Avery a pumpkin spiced quiz. Then, the group discusses the implications of California’s new regulations on the hemp industry. Next, Brad explains how the merger of Perricone Farms and Natalie's Orchid Island Juice Company provides synergies for both brands to grow. Finally, the podcasters take a look at Our Home’s recent additions to its portfolio and talk about why its shift into more conventional brands could be a smart move.
Show Highlights:
0:30 - To pumpkin spice or not to spice? Monica tests Brad and Lukas’ pumpkin spice knowledge with a quiz about past and present CPG products that have taken on the harvest season’s favorite flavor.
3:30 - Last Friday, California became the latest state to rein in the hemp-derived cannabinoid industry by issuing an executive emergency action restricting the sale of hemp-derived food and beverage. Lukas explains how this move is different from other states' approaches to regulation and what it means for the broader cannabis industry.
10:45 - In the juice category, two mid-sized companies have joined forces. Brad explains how the merger of Perricone Farms and Natalie’s Orchid Island Juice Company will bring value to both brands.
13:30 - Snack company Our Home is on a tear, acquiring Pop Secret from the Campbell Soup Company and ParmCrisps from Hain Celestial Group in about a week. The podcast team discusses how Our Home is positioning as a new snacking empire.
About the CPG Week
CPG Week is the podcast that explores the latest happenings in the consumer packaged goods industry. Join our seasoned reporting team as they dish out the week’s stories in quick, easy-to-digest episodes. Catch up on the top headlines of the week, dive into exclusive insights with the BevNET and Nosh teams, and set yourself up to make more informed business decisions. Tune in to stay up-to-date on the latest developments in the dynamic world of packaged food and beverage.
New episodes are released every week. Send us comments and suggestions anytime to [email protected].
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