Brad Avery

Brad Avery

Senior Reporter

Brad is a Reporter for BevNET.com.

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Posts by Brad Avery

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.

Yerbae Raises $5M, Signs with Big Geyser

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.

Huel Launches Ready-to-Drink Line

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.

Press Clips: Chris Hunter’s Journey from Four Loko to Koia

Entrepreneur interviews Koia founder Chris Hunter on his journey from Four Loko co-founder to plant-based beverage maker; The Kombucha Shop wins investment on TV's Shark Tank; Forbes looks at the rise of sugar-free soda; Keurig partners with Anheuser-Busch for pod-based cocktail system

People Moves: Former PepsiCola President Joins Cannabiniers Board

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: Virgil’s Rebrand Bolsters Q3 Earnings

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.

Drinks For Thought: Nootropic Beverages Offer Brain Benefits

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.

Flower Power: New CBD Beverages Offer Relaxation, Relief

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.

CELSIUS Continues Growth in Q3 Earnings

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: Coke Energy Dispute Revealed in Q3 Earnings

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.

‘Powered By FORTO’ Brings JAB Coffee Brands into Shots

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.

Joyride Sells Minority Stake to Continental Grain Company

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.

Villager Goods Launches ‘Little Villager’ Kids Line

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.