US-based companies Van Drunen Farms (VDF) and FutureCeuticals have entered a global business partnership with Folium Biosciences.
Headquartered in Colorado Springs, Folium produces and distributes hemp-derived non-psychoactive cannabinoids (CBD).
VDF and FutureCeuticals both fall under the Van Drunen Family of Companies. They will distribute Folium products as VDF FutureCeuticals in the food, beverage and supplements global markets.
Folium Biosciences co-founder and CEO Kashif Shan said: “This partnership is a validation of our unwavering commitment to quality, science, scale and innovation.
“It positions Folium, Van Drunen Farms and FutureCeuticals as global leaders in the most in-demand consumer product. Combining the collective resources of all three organisations is an industry-defining moment.
“FutureCeuticals and Van Drunen Farms have always been at the forefront of innovative scientific development and quality in their respective marketplaces, so the fact that this well-established industry leader has chosen to make a serious commitment to us and the global distribution of CBD products heralds what we believe to be an exponential adoption of non-psychoactive cannabinoids worldwide.”
Established in 1856, VDF manufactures and distributes dehydrated fruit, vegetables, grains and herbal food ingredients.
The vertically integrated VDF FutureCeuticals produces functional food ingredients. It also develops products and carries out bioanalytical research in the supplement and functional food industries.
VDF and FutureCeuticals sales vice-president and executive leadership team member Brad Evers said: “We couldn’t be more excited about our alliance with Folium. We have been patiently observing the industry waiting for the right company to partner with on CBD.
“After extensive discussions with Kashif and the team at Folium, we became convinced that combining our respective expertise was a singular opportunity to move the market and deliver on and ultimately define the promise of CBD-based products for years to come.”
