Aiming to triple its distribution and open up West Coast production, Oatly has partnered with Starbucks to serve as the coffee retailer’s on-premise oat milk supplier for a test run in 1,300 Midwest cafes.
Facing several lawsuits from former customers accusing him and his business partner of fraud, Prabhath Kasaraneni, the owner of Texas-based copacker Optimus Fulfill, has filed for bankruptcy, placing his company and assets up for liquidation.
Plant-based beverage maker OWYN has raised $7.5 million in a financing round led by Powerplant Ventures, the company announced today. Powerplant co-founder and partner Mark Rampolla will join the brand’s board of directors.
Silverback Draft Tea Expands to 250 Doors; Clear/Cut Phocus Adds Tops Friendly Market Stores; Rocky Mountain High Brands Grows Distribution for HEMPd Line; Queen City Hemp Expands in Midwest, Southeast; Glanbia Partners with Kalil Bottling Company for Optimum Nutrition Expansion
Following a year plagued by out-of-stock issues and high shipping costs, plant-based food and beverage brand New Barn is scaling back retail distribution for its product portfolio to service only the West Coast as it focuses on integrating an omnichannel strategy in 2020.
While dairy will remain on top for the foreseeable future, the cold case is changing today. Dairy industry leaders, however, may be more prepared for that change than anticipated.
CEO Danny Stepper said L.A. Libations has hired five new team members in an effort to create departmental synergies and help the company “deliver on [its] commitments” to serve as the non-alcoholic brand building arm for Molson Coors.
Todd Berardi Exits Hiball; Rowdy Mermaid Names VEB, PepsiCo Vet as VP of Sales & Marketing; Mad Tasty Names Dan Holland as COO; Sprig CEO Michael Lewis Exits Company; Scott LaPorta Joins Sugarfina as CEO; Lemon Perfect Names VP of Sales, VP of Operations; Apple Rush Adds Randy Ornstein to Advisory Board
Aiming to expand its products across the refrigerated beverage set, plant-based protein drink maker Koia will launch a line of ready-to-drink coffees next month exclusively at Whole Foods stores nationwide. Koia Coffee contains 200 mg of caffeine, 5 grams of MCT oil, 9 grams of protein, zero sugar and 110 calories per 12 oz. bottle.
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.
