Better-for-you mixer brand AVEC announced this week it has closed a $1.2 million seed funding round led by Gather Ventures, an investment firm specializing in plant-based products. The round also included funding from Black Ambition, a prize fund supporting minority-owned companies founded by singer Pharrell Williams.
Waterloo Sparkling Water, known for its authentic fruit-inspired flavors and lively carbonation, is excited to announce its newest flavor -- Cranberry!
Founded in spite of brutal hangovers and built on the foundation of a life-long friendship, spirit-based ready-to-drink cocktail brand Good Sunday announced it has closed a $1 million Series A funding round led by Vecture Inc. founder Angelo Catenaro to support the brand’s upcoming U.S. debut.
Molson Coors Beverage Company, the iconic beer producer with a two century foothold in the industry, announces the release of its first-ever whiskey, Five Trail Blended American Whiskey.
This episode highlights notable news and new products from the perspective of Taste Radio hosts Ray Latif, Jacqui Brugliera and Mike Schneider, a recap on beverage-related innovation, news and trends observed at the recently held 2021 NACS trade show and interviews with the founders of emerging brands Retreat Foods and Little Red Kitchen Bake Shop.
PureCycle Technologies, Inc. announced a signed memorandum of understanding (MOU) with Mitsui & Co., Ltd., as a first step to developing and operating a recycling facility in Japan to transform polypropylene (PP) waste into Ultra-Pure Recycled Polypropylene (UPRP).
Pinpointing the target audience for a product requires both anticipation of demand as well as flexibility towards evolving trends—a balancing act that the RTD segment has shown it can handle with dexterity through data.
Spirit makers celebrated everything from brand anniversaries to traditional holidays this month with the launch of a wide range of limited-edition tequila and mezcal varieties. The new tequilas featured contain flavors ranging from lemon and vanilla to turkey breast and sherry wine.
AF Life Sciences (AF) announced a Strategic Manufacturing, Marketing, and Global Distribution Partnership with Cheech Marin, the multi-generational actor, writer, comedian, and pioneer cannabis advocate who came to fame in the comedy and movie scenes in the 1970s.
Giant Eagle, Inc. announced the launch of a new initiative to grow its Giant Eagle Marketplace eCommerce channel with a greater assortment of new and emerging products. Giant Eagle will look to accelerate and scale product sourcing for this initiative by partnering with RangeMe, the industry standard online product discovery platform for retailers and suppliers.
Canopy Growth Corporation has entered a definitive agreement to acquire cannabis edibles maker Wana Wellness for $297.5 million, which will go into effect upon federal legalization of THC in the U.S.
OTHRStore, an eCommerce platform and support services platform created to help underrepresented brands grow and thrive, announced it has expanded its ecosystem of services and is actively adding additional brands to its platform.
Sweegen is expanding its extensive sweetener portfolio in early 2022 with the zero-calorie, high-intensity sweetener brazzein. The product was developed in collaboration with long-term innovation partner Conagen, which has scaled it to commercial production.
Cresicor, a consumer packaged goods (CPG) trade promotion management (TPM) platform startup, announced they have raised $5.6 Million in seed funding led by Costanoa Ventures with participation from Torch Capital.
