A trio of executives from investment and advisory firm First Beverage Group joined us for a discussion about its portfolio and investment philosophy and how they evaluate synergies with entrepreneurial brands. They also discussed which categories might be best suited to weather a potential downturn, and why CBD is not the only cannabis-based ingredient that’s caught their attention.
Constellation Brands, Inc., a leading beverage alcohol company, has announced it acquired a majority stake in Nelson’s Green Brier Distillery, marking Constellation’s first ventures investment to be fully integrated into the business.
Red Bull North America this week announced it would terminate distribution contracts with three Massachusetts beer and non-alcoholic beverage wholesalers in June, as it transitions to a self-distribution model for off-premise accounts.
Monster Beverage Corp. beat analysts’ expectations during the first quarter of 2019, reporting strong sales growth despite facing increased competition in the energy category. Net sales for the company in the first quarter were $946 million, up 11.2% from $850.9 million in 2018, according to financial results released yesterday.
In order to further their commitment to sustainability, Santa Barbara Polo & Racquet Club has partnered with KOPU Sparkling Water as its official sparkling water provider.
In this slideshow gallery, we highlight a handful of the notable debuts across liquor categories, including the launch of Roe & Co., a premium Irish whiskey, and flavored vodkas from Stoli, Effen and Ciroc.
Constellation Brands, Inc., a leading beverage alcohol company, has announced it has appointed Robert Hanson as the company’s new executive VP and president, wine and spirits. Hanson previously served as a member of Constellation’s board of directors from February 27, 2013 to April 24, 2019.
Bird Dog Whiskey has released a new Black Cherry Flavored Whiskey. Bottled at 80 proof and priced at $19.99 a 750-ml, Bird Dog Black Cherry Flavored Whiskey will be launched nationwide throughout 2019.
The Air Force Association (AFA), a non-profit 501c3, announced that they are partnering with Aviation American Gin on a summer beverage promotion whereby a percentage of proceeds from the promotion will go toward programs that support Airmen and their families.
The Food and Drug Administration (FDA) issued new draft guidance last week for allulose, stating it intends to allow manufacturers to exclude the low-calorie sweetener from total and added sugars on Nutrition Facts labels, marking the first time a sweetener will be exempt from the total or added sugars list.
SPRiZZi Drink-Co., the world’s leading eco-friendly beverage system, announced a $100 million investment initiative from the government of Rugao, China, attributed to its environmentally friendly products.
Canada’s oldest and largest independent brewery is getting into the cannabis business. Moosehead Breweries Limited and Sproutly Canada, which aims to become the leading supplier of water-soluble cannabis solutions, yesterday announced their intent to form an exclusive joint venture that will develop, produce and market cannabis-infused beverages.
Key West Smuggler Company successfully launched their KeysStrong Crates campaign on Indiegogo and within the first week reached more than $5,000 in sales - more than halfway to their funding goal.
Betting that one of its top regional spring water brands can make an impact on a national level, Nestlé Waters North America is launching Poland Spring ORIGIN as a premium-positioned sub-line.
