CBD safe for use in food as it does not cause liver damage- Validcare

US – A new study conducted by Validcare at the request of the U.S. Food and Drug Administration (FDA) has revealed that Cannabidiol (CBD) products do not cause liver damage when taken orally. The seven-month analysis which evaluated the impact of CBD on liver health through clinical trials involving 839 participants comes on the heels of a summer 2019 study involving mice that suggested that there may be a link between CBD and liver damage. Its results allay a lot of fears by food industry players who may have feared…

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Amazon says altering India’s e-commerce investment rules could erode investor confidence, hurt small businesses

INDIA –  E-commerce retail giant Amazon has called on the Indian government not to alter e-commerce investment rules as such a move could dent investor confidence in the sector and potentially have devastating consequences on suppliers and small businesses. Amazon calls come against a backdrop of disquiet among Indian retailers that foreign e-commerce giants like Amazon and Walmart backed flipkart were creating complex structures to bypass federal foreign investment rules and damage small traders. Both Flipkart and Amazon have denied any wrongdoing and say they are helping small businesses in…

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Starbucks opens 40 new coffee stores in India as KFC doubles down on women employment

INDIA –  Tata Starbucks, a 50:50 joint venture between Tata Consumer Products Ltd and Starbucks Corporation, has continued its bullish expansion in India, venturing into 7 new cities and opening 40 new stores in its wake. This fiscal year has been eventful for Tata Starbucks in terms of expansion plans and reaching customers in newer cities and locations. In FY21, Starbucks opened stores in new cities such as Lucknow, Amritsar, Kochi, Ludhiana, Bhopal, Indore, and now Kanpur. Kanpur becomes the 18th city in India and second city in Uttar Pradesh…

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