Scotland’s Spirits Of Virtue Builds Arkansas Facility To Scale NA Tequila, Bourbon
Scottish ANA maker Spirits of Virtue is opening a 30,000 sq. ft. facility in Arkansas, where it will make alternatives to tequila and bourbon.
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Scottish ANA maker Spirits of Virtue is opening a 30,000 sq. ft. facility in Arkansas, where it will make alternatives to tequila and bourbon.
Functional beverage Chlorophyll Water is raising its first institutional round as it unveils an aluminum can format and prepares to enter Walmart.
Monogram Capital Partners closed an oversubscribed $350 million Fund III last week, which will expand its investment team and operating partner program.
Creatine is quickly becoming the next big functional beverage ingredient thanks to innovation in micro-encapsulation technology.
BUM Energy, the RTD drink brand of fitness supplement maker RAW Nutrition, has brought on a team of seasoned liquid experts as it expands into mass and club channel retailers.
Keychain has secured another $10 million in investment as it launches its newest tool for sourcing private-label manufacturers.
The plaintiff in a proposed federal class action lawsuit has voluntarily withdrawn their case against kratom beverage brand Mitra-9.
One year after merging, Natalie’s Orchid Island Juice and Perricone Farms are leveraging production capabilities to position for the future.
Lucky Energy has landed $25 million in a Series B round led by Paine Schwartz Partners, bringing its total investment to $63 million.
Paperboy Ventures is readying its $2 million to $3 million Fund I, leveraging its platform as an unconventional “venture-media hybrid model.”
As alcohol sales dip, cannabis beverages are finding opportunities with drinkers despite regulatory challenges and higher price points.
Launching this month, kava brand Keanu is taking a premium positioning with its DTC kits as it attempts to educate consumers on the difference between instant kava and drinks made with kavalactone extracts.
Chick-fil-A subsidiary Red Wagon Ventures opened its first location of beverage-centric foodservice concept, Daybright Coffee & Refreshment.
Starbucks reported flat comparable store sales in Q4 amid widespread closures as it restructures under its “Back to Starbucks” strategy.