GURU Organic Energy Corp. announced that it has entered into an agreement with a syndicate of underwriters co-led by Stifel GMP and CIBC Capital Markets to purchase from the Company 3,287,500 Offered Shares at a price of $16.00 per Offered Share for gross proceeds of approximately $17.6 million to the Company and $35.0 million to the Selling Shareholders.
The pandemic triggered an increased demand for functional and immune-boosting products over the past year – something that founders and judges paid attention to as they vied for the top prize in BevNET’s New Beverage Showdown 21 Semifinals.
Ready-to-drink cocktail maker Ohza announced today it has closed a $4 million funding round led by CircleUp Growth Partners. The financing is expected to help the brand scale nationwide as it partners with distributors such as Southern Glazer’s Wine & Spirits and Breakthru Beverage group.
Nirvana Group, one of the premier diversified cannabis companies in Oklahoma, is kicking it up a notch this summer by launching a new beverage line, Liquid Leaf, across the state.
Matrix Fine Sciences Pvt. Ltd. (Aurangabad, Mahaashtra, India), is proud to announce its continued expansion into the North American market with the establishment of Matrix Fine Sciences USA.
Currently available in most bars, restaurants and liquor agencies across Illinois and Ohio, the brand has plans to bring The Long Drink to Midwest consumers, wherever they’re imbibing.
Following on the heels of Fishers Island Lemonade’s first-ever line extension, the brand proudly announces exciting new market expansion developments and a leadership appointment as the brand continues to sustain its high-growth trends and rise in consumer demand.
Hood River Distillers, the oldest and largest importer, distiller and marketer of distilled spirits in the Northwest, is re-launching their Kentucky Straight Bourbon Whiskey, Easy Rider.
NBA legend and entrepreneur, Scottie Pippen, along with famed Wine & Spirits maker Dave Phinney to launch DIGITS, a five-year-old bourbon exclusively in Chicago.
Chloe Epstein and Michael Sloan, the co-founders of better-for-you frozen novelty brand Chloe’s, explained why they shifted focus from foodservice to packaged goods, the leap from a slow and steady growth strategy to one that embraced national distribution and why Chloe’s is not shy about putting a target on the back of big CPG.
Online retailer Boxed announced this week that it would become a publicly traded company via a merger with SPAC Seven Oaks Acquisition Corp. The proposed deal values Boxed at roughly $900 million, Seven Oaks said in a presentation to investors today, and will leave Boxed with $334 million in cash to invest back into the company.
Aptean, a global provider of mission-critical enterprise software solutions, announced the launch of its highly successful Food and Beverage ERP Partner Program into the United States as well as plans to extend the program in Canada, Brazil and Mexico.
“Powerful branding, international exposure, and strong Environmental, Social, and Governance (ESG) credentials” are just three of the qualities making Oatly a major player in the plant-based food and beverage space, according to a new equity research report from Credit Suisse.
ROME, Ga. — 2T Water, LLC, the maker of Biotin Water Hair, Skin, and Nails announced that Biotin Water will be sold at Publix Supermarkets across the southeast region of…
