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Stock impact report

European Parliament’s Environment Committee Votes to Support New Proposal for the Regulation of New Genomic Techniques

Cibus, Inc. - Class A (CBUS) 
Company Research Source: GlobeNewswire
The Environment Committee of the European Parliament votes in favour of the European Commission proposal to introduce a new regulation on plants obtained by certain new genomic techniques (NGTs) and their food and feed. The Committee’s report indicates that NGTs have the ability to enhance agriculture by making crops more resilient and sustainable whilst providing unprecedented opportunities for European agriculture and food production.The proposed regulation identifies a ‘Conventional-like’ category of NGT products that would be regulated as conventional varieties, bringing EU policy closer to that of trading partners in UK, North and South America, India, Australia, and JapanFollowing the positive vote, the legislation will now move to a plenary session of the European Parliament on 5th to 8th of February for a vote on adoption. SAN DIEGO, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Cibus, Inc. (Nasdaq: CBUS), a leading agricultural technology company that develops and licenses plant trai Show less Read more
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