Martín writes news articles and feature stories covering the non-alcoholic beverage industry for BevNET. A graduate of Boston University, Martín's previous work has appeared in USA Today, The Boston Globe and The Boston Herald.
Per media reports over the weekend, the global beverage giant has enlisted investment bank Lazard to explore options for its most-expensive-ever acquisition, and has already held talks with “a small number of potential bidders” about the coffee brand.
If beverage entrepreneurs somehow thought the THC drink business would be more “chill” than the non-infused side, they might soon learn a hard lesson.
The meal replacement shake tumbled at retail in Q2, generating just $6.8 million in gross revenue Q2 compared to $11 million the same period last year, an approximately 33.6% drop.
For its first release since changing its name from Guayaki in May, yerba mate specialist Yerba Madre is embracing fresh, fruit-forward summer vibes – while teasing a new seasonal flavor strategy.
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.
We recap notable distribution moves from the month so far, including the entrance of "modern Mexican soda" to Walmart's CSD set, the arrival of another D2C supplement brand into brick-and-mortar retail, and several moves by Sprouts.
The cannabis and beer company this morning announced the introduction of new 10 mg THC versions from its Fizzy Jane’s and Happy Flower brands through its Tilray Wellness division, available exclusively in the U.S.
Convenience store foot traffic declined sequentially by approximately 133 bps year-over-year in July vs. June, with all categories besides energy drinks decelerating.
Celsius’ billion-dollar bet on Alani Nu is paying dividends, as the female-leaning energy drink brand added $301 million in revenue in Q2 and helped Celsius’ North America achieve 41% growth through the first six months of the year.
The THC-infused soda brand announced on Wednesday that it has partnered with Virgin Airlines to become the first (official) THC-infused drink to be part of the in-flight beverage program on a major airline.
The clock is ticking on a potential acquisition by Danone of kefir category leader Lifeway, as the French dairy giant is pressuring company leadership to again discuss a deal that has already been attempted twice in the past year.
Premier Protein’s stronger-than-expected ecommerce performance helped drive growth at BellRing Brands in FY Q3, as net sales increased 6% to over $540 million, according to an earnings statement from the company released Tuesday morning.
A New York Southern District court judge’s ruling last week dismissed a class action suit against Prime alleging the brand’s energy drinks contained more than the listed 200 mg of caffeine per 12 oz can.
Already facing headwinds from global drought, Brazil’s coffee industry has been sweating the prospect of losing its biggest trading partner for weeks, as a 50% tariff would effectively “shut down” that business.
