Dora’s Naturals Adds Philly Distribution
New York-based powerhouse distributor Dora’s Naturals is expanding south to Philadelphia, the company’s first push outside the tri-state area.
New York-based powerhouse distributor Dora’s Naturals is expanding south to Philadelphia, the company’s first push outside the tri-state area.
The changes have effectively put an end to Coca-Cola’s New Revenue Streams division, which had responsibility for Red Tree and Coke’s RTD coffee business (largely its Dunkin’ Iced Coffee co-brand), both of which operated outside the company’s normal distribution approach.
Coke’s New Revenue Streams unit is transferring control of the Coke’s Red Tree Beverages spirits play to different structural leadership, according to Beer Business Daily.
Chameleon Cold Brew may be under new ownership, with multibrand rollup Next In Natural the coffee brand’s presumed new parent company.
An investor-driven shakeup at Lemon Perfect has resulted in significant headcount reduction, including company leadership and several of its employees.
It’s logical that there’s building speculation around the next strategic move for Olipop, the brand that built the modern soda category alongside Poppi, but the path forward contains more than a few potential options.
As the year ends, BodyArmor is preparing for new leadership.
Another cold chain company is heading for a public market exit. Suja Life, Inc. announced that it has confidentially submitted a draft registration statement on Form S-1 with the U.S. Security and Exchange Commission (SEC).
After a whirlwind few days this week, the multi-billion-dollar hemp-derived THC industry is waking up this morning to the stark reality that, barring the creation of a legal federal framework, they will be virtually extinct within a year.
Recess Drinks has closed a $30 million series B round led by existing investors including CAVU, while Kyle Thomas will be joining founder Ben Witte as co-CEO and President.
Target has stocked the shelves of 10 stores in the Twin Cities region with intoxicating hemp drinks from ten different brands, marking a potentially seismic shift in distribution for the category.
The growth of the hemp THC business has shined a light on a system that allows the proliferation of legal cannabis in some states while also creating a thriving market for hemp THC beverages in others where cannabis is illegal.
Generous Brands has taken another step towards its goal to be a “chassis for the growth of manufacturing” of fresh, healthy beverages with its acquisition of Health-Ade, the second-largest national kombucha brand.
Health-Ade’s investors are selling the company to Generous Brands, a portfolio company of private equity firm Butterfly Equity, for approximately $500 million.