Kratom Brand Mitra-9 Class Action Dismissed
The plaintiff in a proposed federal class action lawsuit has voluntarily withdrawn their case against kratom beverage brand Mitra-9.
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
Despite Tariffs and Disease, Perricone Farms Thrives Post-Merger
One year after merging, Natalie’s Orchid Island Juice and Perricone Farms are leveraging production capabilities to position for the future.
Lucky Energy Closes $25M Round, Prepares For Innovation
Lucky Energy has landed $25 million in a Series B round led by Paine Schwartz Partners, bringing its total investment to $63 million.
Inside Paperboy’s ‘Venture-Media Hybrid’ Fund I
Paperboy Ventures is readying its $2 million to $3 million Fund I, leveraging its platform as an unconventional “venture-media hybrid model.”
Cannabis Drinks Could Become Key Alcohol Replacement, Per Report
As alcohol sales dip, cannabis beverages are finding opportunities with drinkers despite regulatory challenges and higher price points.
Kava Goes Premium With DTC Kit Brand KEANU
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.
Inside Chick-fil-A Beverage Concept Daybright
Chick-fil-A subsidiary Red Wagon Ventures opened its first location of beverage-centric foodservice concept, Daybright Coffee & Refreshment.
Starbucks Closes ‘Underperforming’ Stores As Sales Decline Slightly
Starbucks reported flat comparable store sales in Q4 amid widespread closures as it restructures under its “Back to Starbucks” strategy.
Tariffs, Functional Drinks Reshaping Beverage Industry, Per Report
Major beverage businesses have employed mitigation strategies in key markets to offset the impact of tariffs, a BMO Capital report stated.
Keef’s Low-Dose Functional Waters Expand Opportunity In Hemp
Keef Brands diversified into intoxicating hemp when it saw its opportunity with a broader addressable market and support its high-potency dispensary products.
Clean Cause Raises $2.3M, Reaches Profitability
Yerba mate brand Clean Cause has converted $2.3 million to equity after raising the amount as a convertible note from previous investors last September.
Barebells Launches Protein Soda As Category Expands
Bar brand Barebells showed off its move into beverages with Protein Soda at last week's NACS show, as other brands also joined the fast-growing category.
Coca-Cola Sees Q3 Volume Rebound As Margins Expand
Pricing actions offset flat unit volume in Coca-Cola’s North America segment during its third quarter earnings leading to organic revenue growth of 4%.
Modern Iced Tea Brands Look To Flavor, Packaging To Enter C-Stores
Emerging iced tea brands showed off convenience-oriented flavors and packaging innovations as they expand and modernize the c-store set.