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Lukas Southard is a Reporter covering the food and beverage industries across BevNET and NOSH.
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.
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.
Los Angeles-based adult non-alc brand Hiyo has announced a new $19 million investment which included Series A funds, prior convertibles and a “recapitalization."
Coconut water maker Zico Rising confirmed the closing of a Series B round that raised $9.1 million of an anticipated $9.5 million. The brand would not comment on the details of the investment round.
The Food and Drug Administration announced it has banned the use of the potentially cancer-causing Red Dye 3 in food and beverage using a 1958 provision of the Food, Drug and Cosmetic Act.
Via Carota Craft Cocktails is on its way to closing a $17.5 million investment round with the goal of becoming a "category-defining" premium RTD mixed drink.
"Mental performance" shot brand Magic Mind is expanding its functional 2 oz. drinks into more retail doors this year on the back of a strong online subscriber base and a new investment secured last year.
Arkansas-based Origami Sake is bringing craft sake to American drinkers by pairing its premium-positioned products with transparent packaging callouts, an NA variety and a new distribution partnership.
Saint James Iced Tea has signed a multi-year partnership at the Barclays Center offering advertising, activation and brand-building opportunities.
Sovereign Brands founder Brett Berish spoke with BevNET about his dynamic approach to brand-building, Pernod-Ricard’s minority investment and why connecting with music has led to a global reach for his brands.
Flavored cashew milk brand Nutcase is utilizing its ties to professional poker and celebrity streamers to build brand momentum as it opens a $2.5 million seed funding round.
UNFI reported a net loss of $21 million despite increasing sales 4.2% year-over-year in its first-quarter earnings to $7.9 billion with adjusted EBITDA increasing 14.5% to $134 million.
After Hurricane Helene pulled its production facility off its foundation, Asheville Tea Co. has used "unbridled optimism" as it rebuilds amid a challenging climate for raising new capital.
With the help of new brand ambassador NBA star Josh Hart, watermelon water brand Mela is taking a broad distribution approach targeting independent convenience and mass retailers.