Greenbelt Kombucha Launches in Walmart; Olipop Adds Wegmans, Names New Board Member; OXIGEN Partners with Big Geyser; Tama Tea Partners with UNFI for East Coast Expansion

Speaking with BevNET, Caliva head of beverage Chris Cuvelier said Soul Grind is part of a broader portfolio strategy for CBD drinks. The company currently manufactures both THC and CBD products including cannabis flower, tinctures and edibles. Soul Grind will be its first brand sold into mainstream retail channels.

The Alkaline Water Company Inc. has terminated its proposed acquisition of bottled water maker AQUAhydrate, the company announced today in a press release. According to terms of the acquisition agreement, which was announced in September, both companies had the right to terminate the deal if the agreement was not finalized by January 31.

Trident is a wholesale bean business and RTD cold brew brand based in San Diego, California. The company operates a 3,000 square foot tap room and brewery which sells up to 15 different coffees on draft at any given time. Trident’s RTD products are currently available online direct-to-consumer and in about 125 retail stores across Southern California.

In this recap of brand news and product updates from the 2020 Winter Fancy Food Show, we examine the rapid evolution and expansion of Califia Farms' oat-based beverage platform, as well as the new keto product line from Remedy Organics and the emergence of several new products with Asian-inspired fruit flavors.

California-based prebiotic beverage maker Olipop has raised $10 million in a Series A funding round, the company announced today. The round’s participants include current investors Monogram Capital Partners, Rocana Capital, Finn Capital Partners, Boulder Food Group and Collaborative Fund, as well as first time investor Döhler Ventures.

North Carolina-based organic beverage maker MATI Energy has shut down production as it prepares to cease all operations, the company announced on its website and social media channels on Friday. MATI CEO Eric Masters said the decision to shutter the company was made within the past two weeks after attempts to secure new funding to sustain operations failed.

Keurig Dr Pepper (KDP) has acquired Chicago-based caffeinated sparkling water maker Limitless for an undisclosed sum, the company announced today. Founded in 2016, Limitless produces a line of zero calorie sparkling waters containing 35 mg of caffeine per 12 oz. can.

Utilizing the entire coconut to minimize its carbon footprint and maximize profitability has been a long-term goal for Harmless Harvest and its CEO Ben Mand. At Winter Fancy Food Show 2020, held January 19-21 in San Francisco, the company unveiled an expanded food and beverage portfolio that delivers on that goal.

Chicago-based powdered and frozen beverage maker Jel Sert has acquired hydration drink brand All Sport from Keurig Dr Pepper (KDP) for an undisclosed sum, the company announced this week. The company had been producing All Sport for KDP for several years prior to its acquisition of the brand last month.

Tribucha Grows in Grocery; Rise Adds 2,000 Kroger Doors, Partners with Nestle ReadyRefresh; Detoxwater Expands in CVS, Adds Winn-Dixie and Bi-Lo; Pillars Grows to Over 2,000 Doors; Navy Hill Goes Chainwide in Earth Fare, World Market; CHERRiSH Adds Albertsons/Safeway

Two years after the launch of its sparkling energy drink Hustle, New York-based startup MatchaBar is introducing new branding and flavors for the line, now called “Hustle by MatchaBar.” The revamped products will feature new labelling and be split into two product lines: Hustle Energy and Hustle Tea.