D’s Naturals backed by $3 million investment behind No Cow Bar launch
CINCINNATI – Fresh off from signing a national distribution deal last week with Europa Sports, D's Naturals, makers of the “No Cow Bar,” announced Wednesday that the company has successfully closed it’s first major round of financing, raising more than $3 million from outside investors.
"Raising $3 million isn’t easy,” said D Katz, 18-year-old founder and CEO of D’s Naturals. "I’ve come to realize that when you want something bad enough, anything is possible. People think my visions for this company are unrealistic, and I’m here to prove them wrong. I launched this company just three months ago, and the growth rate so far has been nothing short of incredible. This latest financing round is a big milestone, as it allows us to continue to grow as a company and will support the launch of our next generation of products in May. History will be made.”
Katz founded D’s Naturals with a vision to pioneer plant-based food products that would ultimately revolutionize the natural foods/fitness category. Using only clean ingredients and no added sugar or artificial ingredients, D’s Naturals cornerstone product, The No Cow Bar, is a line of high-protein bars made with organic brown rice and pea proteins, prebiotic fiber and natural sweeteners like monk fruit and stevia.
Hi-Tech challenges journal study criticizing its ingredient Acacia rigidula
NORCROSS, Ga. — Hi-Tech Pharmaceuticals on Tuesday responded to a report in the journal Drug Testing and Analysis that charged supplements containing the ingredient Acacia rigidula also contained BMPEA, an amphetamine isomer. The company believes the Harvard-led study is similar to the recent testing performed by the New York attorney general on many herbal extracts, in that it's a faulty test.
"Hi-Tech Pharmaceuticals has sold more than a billion doses of Acacia rigidula since 2003," said Jared Wheat, president Hi-Tech Pharmaceuticals. The company has conducted three clinical studies on the effects of Acacia rigidula and none have found any serious adverse events, he said, "other than possibly a jitter or shake which is common amongst stimulants."
A 2013 study carried out by Food and Drug Administration scientists scrutinized the testing done and methods used by Texas A&M researchers and other scientists' studies on Acacia, Hi-Tech added. "Yesterday I responded to various news outlets seeking comment on the upcoming release of the Harvard led study by Pieter Cohen, the lead researcher and an assistant professor at Harvard Medical School. However, many of these news outlets did not give equal weight to, and in some cases did not even report on, the studies performed by Texas A&M finding various methylated Phenylethylamine alkaloids in Acacia Rigidula," said Wheat.
"The testing involved in Acacia and other plants coupled with the DNA testing performed by the New York Attorney General Eric Schneiderman just leads to consumer concerns and bad science. These government entities are very good at testing pharmaceuticals, but are not familiar with botanical extracts, and the factors surrounding extraction and soil conditions that can lead to different analytical results," stated Wheat.
"I also feel this is a joint effort by big pharma and institutions to rid the marketplace of Acacia as they did with ephedrine in 2006," Wheat added. "Hi-Tech Pharmaceuticals fought the outlawing of ephedrine alkaloids and will not sit idly by while researchers and a biased media try to destroy acacia just so they can commercialize it into a prescription drug and ban it from the dietary supplement industry as they did with ephedrine alkaloids."
USA Today: Driven Sports bringing line extension of banned supplement to market
ARLINGTON, Va. – Driven Sports is bringing back to market a line extension of its one-time banned supplement Craze called Craze v2, according to a report published Wednesday by USA Today.
Sports nutrition distributor Predator Nutrition confirmed that its first shipment of Craze v2 arrived Wednesday in a FaceBook post.
USA Today reported that the supplement's introduction has raised eyebrows across the industry given the company's recent history. "A controversial maker of sports supplements, undeterred by a long-pending federal criminal charge, is poised this month to sell a new version of a popular workout powder pulled from the market in 2013 after tests found it contained a methamphetamine-like compound," USA Today reported. "Driven Sports, a New York-based firm run by convicted felon and supplement designer Matt Cahill, plans to begin selling Craze v2 in April in the United States and Europe, according to postings by the company on its Facebook page and Internet promotions by Predator Nutrition, a marketing partner in the United Kingdom."
The Food and Drug Administration last year requested a sit-down with Driven Sports to discuss all of the products the company plans to market in a warning letter concerning Craze.
"I worry that we continue to see a stream of stimulants coming out of this same company," Steve Mister, president and CEO of the Council for Responsible Nutrition, told USA Today. "There are numerous ways under the statute that FDA could go after this company and this is a lack of willpower to enforce the law to protect consumers, this is not a fault with the law."
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