TÖST Adds $1M, Expands DSD Network
TÖST added over $1 million in bridge round funding as the brand grows its DSD network and targets on-premise retail with its new RTD canned format.
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
Magic Mind Secures New $12M Investment
Mental performance shot maker Magic Mind secured $12.4 million of a nearly $16 million round as it grows its retail footprint.
Could This Bill Legalize Intoxicating Hemp? Here’s A First Look.
An early draft copy of a federal bill legalizing consumable hemp products could circumvent the "backdoor" opened by the 2018 Farm Bill.
KDP Agrees $18B Deal to Acquire JDE Peet’s, Creating Coffee ‘Pure Play’
KDP is acquiring JDE Peet’s in an $18 billion deal and will divide its coffee segment from its refreshment beverages into two companies.
Amazon Capitalizes On Delivery Surge With Same-Day F&B Expansion
Amazon is now offering Same-Day Delivery for perishable groceries in over 1,000 cities, with plans to expand to 2,300 by the end of the year.
Reed’s Trying To ‘Earn Back’ Retailers After ‘Challenging’ Q2
Craft soda maker Reed’s reported another down quarterly earnings report as sales, margin and profit fell sharply amid lower inventory write-offs and volume declines.
Uncle Arnie’s Raises $7.5M, Targets ‘Category Leadership’ in THC Drinks
Cannabis beverage brand Uncle Arnie’s is planning to nearly double its team from 40 to 75 employees after closing a $7.5 million investment round co-led by Mindset Capital and Delta Emerald Ventures.
Tariffs, Inflation And Shifting Consumer Habits Signal Retail Uncertainty Ahead
New economic data on inflation, purchasing behavior and the impact of tariffs indicates a mixed outlook for CPG brands moving forward.
‘Too Good To Pass Up’: Not Beer Launches THC Drinks
Not Beer is not just a sparkling water brand anymore with the launch of a 3-SKU line of THC drinks, focused on value-generation in flavor formulation and pricing.
Westrock Coffee Hits ‘Record-Breaking’ Q2 Sales, Elevated Net Losses
In its Q2 earnings, Westrock Coffee reported its highest sales quarter despite losses from production buildouts and tariff-related green coffee inventory costs.
Laird: Growth Trajectory Continues, Wholesale Biz Expands
Laird Superfood has made progress toward its goal of achieving “sustainable profitability,” continuing a growth trend in its Q2 earnings as it prioritizes its wholesale segment.
Premium Mixer Badger Bevs Breaks Out Of Bottles, Adds Distribution
Connecticut-based, premium mixer brand Badger Bevs has intentionally built in on-premise locations and is now seeing gains in retail as it prepares to launch into canned varieties.
Inside Pure Fuel’s Partnerships-Over-Retail Strategy
Philadelphia-based hydration brand Pure Fuel is making moves to expand its retail distribution after spending its first two years building partnerships.
For Bitter For Worse Relocates to Rochester, New Facility
ANA cocktail brand For Bitter For Worse has moved operations from Oregon to Rochester, N.Y. where it will expand its production to include co-manufacturing for other emerging beverage companies.