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“Phase One” Agreement with China Provides Some Relief to Supplement Importers

by Nicholas Saraceno | January 21, 2020

A partial trade agreement signed by the United States and China on Jan. 15, 2020, will reduce U.S.-imposed tariffs on some imported Chinese goods used by U.S. dietary supplement and food companies, but it will leave tariffs on other commodities in place, at least for the short term. The “Phase One” agreement reportedly covers many […]

Mushroom Wisdom Acquired by Hokuto Corporation

by Nicholas Saraceno | May 26, 2017

New Jersey-based Mushroom Wisdom, Inc. (MWI) announced that 100 percent of the company shares have been acquired by Hokuto Corporation (Hokuto), Japan’s top mushroom cultivator. The transaction includes the acquisition of Sun Medica, Co., Ltd (SM), MWI’s affiliate in Japan. Both MWI and SM were founded by Mike Shirota and Tomoko Nakamura in 1991 and […]

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