The Santa Monica, Calif.-based beverage incubator announced last week a strategic partnership with coffee maker KonaRed to give the brand the weight in the market it needs to grow in an increasingly-crowded category.
The specialty channel still aims to serve consumers looking for distinctive and innovative beverage products, but that category has had outsized growth -- which means its role within the channel’s commercial ecosystem is evolving.
This morning Keurig Green Mountain, a subsidiary of JAB Holding Company, announced a $18.7 billion merger with Dr Pepper Snapple Group. The deal came with a payout for DPS shareholders of $103.75 per share.
Forager CMO Moves to Canvas; Giannella Alvarez Goes to Beanitos; Co-Founder Leaves Distill Ventures; Sol-ti’s O’Donnell Steps Down; Fever Tree Grows Board
Kona Deep, which recently completed a $5.5 million fundraise that will help expand its distribution and production capabilities, is working to educate consumers on how deep ocean water can provide quality hydration from a sustainable source.
After two years with the company, CEO Giannella Alvarez has left Harmless Harvest, the company confirmed this week. An interim CEO is in place but has not been named publicly.
SOM is a sleep-aid dietary supplement sold in 8.1 oz. cans in original and zero sugar varieties. The formula contains magnesium, vitamin B6, l-theanine, gaba, and melatonin to help give consumers a deep, restful slumber.
Through an agreement with Starbucks Coffee, Joyride is now producing and distributing Starbucks brand draft cold brew and nitro cold brew for the coffee giant’s foodservice accounts at hospitals, bookstores, colleges and offices in New York, Boston, San Diego, San Francisco and Los Angeles.
Know Brainer, a ketogenic creamer brand, has partnered with Nestlé via the Terra Food + Ag Tech Accelerator program to incubate the brand. The program began in October with an 8-week educational curriculum and will close an additional 8-week pilot period in February.
Monster Energy today announced it has signed a new multi-year contract with Ultimate Fighting Championship (UFC) to remain the “Official Energy Drink” of the mixed martial arts competition.
Over the past two years, several studies examining the effect of Berkeley, California’s sugar-sweetened beverage (SSB) tax, voted into law by residents in 2014 and implemented in the spring of 2015, have shown a drop in soda consumption.
Rise Brewing Co. launches in the Pacific Northwest and announces a new taproom; FitWhey enters Arizona Sprouts stores; Xing Tea finds placements in 3,000 CVS stores
The Coca-Cola Company today announced a relaunch of the Diet Coke line that includes new packaging and new flavors, while retaining the same fan-favorite formula.
The five-SKU line, available nationwide exclusively at Target stores, adapts the brand’s existing loose leaf offerings into RTD, with an emphasis on functional benefits.
