Culture Pop Lands $15M To ‘Close The Gap’ In Modern Soda
Culture Pop has raised over $15 million, boosting marketing and expanding distribution as competition in the modern soda category heats up.
Lukas Southard
Senior Reporter, BevNET & NOSH
Lukas Southard is a Reporter covering the food and beverage industries across BevNET and NOSH.
Posts by Lukas Southard
Nixie Nets Nearly $27M Investment
Nixie Beverage Company has landed a $26.9 million investment as it scales deeper into the zero-sugar soda set.
A Drink With…Ty Gilmore, President Tilray Beverages, North America
Tilray Brands announced its launch into intoxicating hemp drinks last year, Ty Gilmore, the company's president of North America, chatted about the strategy it is taking to the category.
Chobani Grows Idaho Production Footprint
Greek yogurt brand Chobani has broken ground this week on a 500,000 sq. ft. expansion to its Twin Falls, Idaho facility that will increase capacity by 50%.
Hemp Industry Responds To California ‘Readopting’ Emergency Ban
Hemp industry stakeholders respond to the announcement that California has extended its ban of intoxicating hemp products for another three months.
Do Cannabis Beverages Have An Ecommerce Problem?
Cannabis beverages are at a crossroads where on the one hand it is seeking clearer regulation on the path to broader retail distribution, but aligning with the alcohol industry could sacrifice hemp drinks' key growth driver: ecommerce sales.
Vita Coco: Inventory Recovery Fuels Q4
Vita Coco announced it had recovered from supply chain challenges in Q3 with 20% net sales growth year-over-year in Q4 and a gross margin improvement of 2% for the full year.
Halfday Unveils ‘Mature And Modern’ New Look
Canned iced tea Halfday has unveiled a packaging refresh intended to bring a more mature look to the brand's appearance and better message its better-for-you attributes to consumers.
Tru ‘Aligns Further’ With Polar Beverage On $4.6M Round
Functional drink Tru recently closed a $4.6 million funding round highlighted by further alignment with Polar Beverage who will now be handling manufacturing, distribution and warehousing for the brand.
Coca-Cola: Volume Rebounds in Q4 Amid Headwinds
Coca-Cola closed out FY2024 with organic revenue and operating margin up in double digits driven by higher pricing and moderating volume.
100 Coconuts Power Through Partnerships Approach
Amid the growing coconut water set, 100 Coconuts is using partnerships with recognizable properties like Disney and Inter Miami to drive trial and build repeat customers in the natural channel.
Hi-er Highs: Cannabis Beverages Chase THC Dosage
Hemp-derived THC drink brands and beverage-alcohol distributors are growing closer as they seek to open up new opportunities in higher-dose products as value becomes a more pressing metric for shoppers.
On the RIVR: SoCal Tribe Looks ‘Beyond The Reservation’ With Beverages
The Soboba Band of Luiseño Indians have become one of the first Indigenous groups to launch a beverage brand, bringing their unique identity and history to the functional and hemp-derived THC drink categories.
Feelin’ Free: Botanic Tonics Adds Capital, Invests In Supply Chain
Botanic Tonics, makers of Feel Free herbal supplement shot, has secured a $25 million internal investment to support its testing efforts and to secure its kava supply chain.