Like many consumers, Chris Miller has struggled with the overstimulation caused by modern technology. As the founder and CEO of Koios Beverage Corp., Miller is aiming to build on the emerging space for brain health functional beverages with a line of nootropic infused beverages intended to help consumers focus.
The California-based brand, which pitched itself as a better-for-you alternative to carbonated soft drinks, beat out five other beverage startups in the competition, which was sponsored by The Coca-Cola Company’s Venturing and Emerging Brands unit (VEB).
Beverage industry leaders took the stage at BevNET Live Winter 2019 in Santa Monica, California today, offering their insights into the importance for entrepreneurs to take risks and evolve, as well as the importance of knowing when to stand their ground and double down on the issues that matter most to them and their companies.
Nestlé Loses Michigan Water Lawsuit; Retailers May Shy Away from CBD Following FDA Ruling; Twitter Users Call For Whole Foods Market Boycott in Mitch McConnell Mixup; Man Claims He Got High From Spiked McDonald’s Tea
The Oregon-based company announced in an Instagram post last week that it will close down its Townshend’s Distillery business on December 23. The distillery produced a variety of premium spirits made from the alcohol byproduct leftover from its kombucha brewing. However, the announcement noted that the closing of the distillery was not “goodbye,” but merely a “see you later” as the company explores options to reopen under a new model.
Coca-Cola Goes to Trial with Hansen Family; White Claw and Coke Fight Over ‘Surge’ Name; Vitamin Shoppe Files Trademark Suit Against PLNT; PepsiCo Owes $2.65 Million to Iowa Bottling Company; Ocean Spray May Pay $5.4 Million in Class Action
Seeking to capitalize on the growing market for meal replacement beverages, Czech Republic-based “complete nutrition” shake maker Mana announced last week it will launch in the U.S. via ecommerce this year, with direct-to-consumer preorders expected to ship in December.
MillerCoors, the U.S. business unit of beer giant Molson Coors, announced today it has taken a minority ownership stake in California-based beverage incubator L.A. Libations, a move that gives the beer conglomerate access to a broad portfolio of brands as it moves to expand its play in non-alcoholic categories.
Teatulia Expands Tea Soda Line; Mother Kombucha Adds 840 Publix Stores; Basis Adds Safeway in Colorado; Sol-ti SuperShots Line Goes Chainwide in Publix; Brooklyn Crafted Adds Extra Spicy Ginger Beer Cans in Sprouts; Phivida Launches Oki in Florida; Cirrus Expands in Southeast and Mid-Atlantic
On Monday, Super Coffee will introduce two new additions to its portfolio: Super Cold Brew and Triple Shot Espresso. Unlike the brand’s flagship Super Coffee line and its Super Espresso SKUs, the new products will not contain protein or MCT oil. Instead, both will be zero calorie and contain L-Theanine sourced from green tea.
Innumerable sweetened beverages have for decades had to contend with being dismissively called “sugar water.” But for Texas-based startup Bhoomi, the term comes with a sense of pride. Founded in 2017, Bhoomi produces a line “cane waters” made from cold-pressed sugarcane stalk.
The dairy producer announced today it will use the bankruptcy process to “protect and support” ongoing business operations and address debt and pension obligations. Dean Foods has secured $850 million in debtor-in-possession financing from existing lenders to support continued operations ahead of an eventual sale.
OWYN Names Mark Olivieri President; Sweet Reasons Brings On Industry Vets; American Beverage Association Announces New Board Members; New Age Names Julie Garlikov as CMO; Rob Paladino Joins Sol-ti as President; David Kroll Exits COCO5
Despite declines in its North American business, Monster Energy Corp. saw net sales grow by double digits during the third quarter, the company announced in an earnings report yesterday. Speaking with investors during an earnings call, Monster vice chairman and president Hilton Schlosberg reported that net sales grew 11.6% to $1.13 billion, up from $1.02 billion in the third quarter of last year.
