The partnership extends DSM’s capabilities to create a platform from which leading consumer products companies can deliver novel, health-benefit driven products with globally trusted ingredients, said DSM in a press release. The partnership is global, a DSM spokesperson told us, but the availability of DSM’s solutions is dependent on local regulatory clearance and DSM’s focus at the moment is primarily on the US.
The relationship will also see MHL and DSM partner in the development of unique hemp-derived cannabinoid solutions, including market-ready and premix solutions (CBD and hemp derivatives with micronutrients, for example) that will enable dietary supplement, food and beverage and other nutritional product brands to “deliver science-backed innovation with speed and confidence”, added the press release.
The Dutch company noted that its longer-term ambitions are to leverage its clinical, regulatory and applications expertise to explore the potential benefits of minor cannabinoids. DSM will also partner closely with customers to develop the next generations of science-backed cannabinoid solutions.
“This is just the beginning for DSM,” said Frederic Boned, Vice President, Human Nutrition & Health at DSM North America. “Our partnership with MHL will be a key enabler for us as we take our first steps in this burgeoning market.
“The potential of CBD and other hemp-derived cannabinoids hasn’t yet been fully realized, so we’re investing in the future of the category. As regulatory frameworks are defined, DSM’s end-to-end capabilities and unrivalled portfolio make us ideally positioned to lead and shape the market. This category is full of promise, and we’re excited to partner with MHL and play an integral role in tapping into the potential and enabling customers to create products with real purpose. Watch this space!”