GT’s Living Foods Launches CBD Sparkling Water Line
GT’s Living Foods has revealed its next innovation within the emerging CBD beverage space: Dream Catcher, a new line of enhanced sparkling waters rolling out to stores later this month.
GT’s Living Foods has revealed its next innovation within the emerging CBD beverage space: Dream Catcher, a new line of enhanced sparkling waters rolling out to stores later this month.
Yerbae, maker of a line of enhanced sparkling waters made with yerba mate, has raised $5 million in a round led by Arizona-based firm Zenfinity Capital. The investment will fund the company’s 2019 distribution expansion, which includes a partnership with New York metro distributor Big Geyser set to begin in January.
Nearly a year-and-a-half after launching in the U.S., British meal replacement powder brand Huel is releasing a line of ready-to-drink “nutritionally complete” beverages. The new products generated massive single day sales when they became available for pre-order online this week, according to the company.
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Former PepsiCola-East President Michael Lorelli has joined the board of directors for cannabis company Cannabiniers which produces THC-infused beers and teas; actress and activist Ruby Rose invests in REBBL and will serve as an advisor the elixir brand.
Reed’s, Inc.’s rebranded Virgil’s soda line helped spur a 29 percent increase in gross margins in the third quarter, CEO Val Stalowir told investors during the company’s Q3 earnings report this week. According to Stalowir, buyer interest in Virgil’s Zero Sugar helped Reed’s to open 1,100 new doors in Q3.
Nootropics, sometimes called “smart drugs,” are a niche but rising segment of the supplements industry that is extending its reach into beverage via shots and energy drink alternatives that promise consumers better focus, better memory, and improved overall mental function.
As CBD continues to infuse itself within the beverage industry and with talks of an upcoming Farm Bill clearing a path for opening the market for CBD products, several new brands -- Joybird Wellness, Recess, Lumen, and DRAM Apothecary -- have emerged with fresh takes on the trend.
In a year marked by executive restructuring, Celsius Holdings Inc. continued its run of consistent growth in the energy category, announcing a 54 percent increase in year-over-year revenue in its Q3 earnings report released on Thursday.
Monster is fighting against increased competition in the energy space, CEO Rodney Sacks said during the company’s Q3 earnings report yesterday, including from one of its most prominent shareholders: The Coca-Cola Company.
FORTO has announced it has entered an agreement to produce a line of coffee shots for brands including Donut Shop, Gevalia, Green Mountain, and Krispy Kreme that will be brewed with their respective source coffees and sold in the same package as its core line.
Family-owned investment firm Continental Grain Company (CGC) has taken a minority stake in Joyride Coffee Distributors for an undisclosed sum, the first outside investment for the keg distribution house.
San Diego-based beverage company Villager Goods is setting its sights on the kids market with Little Villager, a new line of low-sugar and organic beverages which launched in nearly 300 Target locations across the country last month.