Hemp extracts processor Socati is working with Hype Energy Drinks to develop a UK drink containing flavourless, water-soluble CBD ingredients for use in food and drink products.
“It is a very exciting opportunity and a product which we think will have strong appeal in the market,” Mark Elfenbein, chief revenue officer at Socati, told Food Manufacture
“We offer a broad-spectrum hemp extract ingredient that we believe will be attractive to the UK market. As more manufacturers are learning about us, and the demand for advanced ingredients like ours continues to grow in the territory, we think that there will be enormous opportunities for us in the UK market.
“We see the UK market as a priority. We are seeing significant interest in our ingredients in the UK and throughout Europe. As that interest scales, so will our exploration of investing in manufacturing overseas. We are not there yet, but are certainly tracking development of these markets.”
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