Monster Set to Shutter Tampa Taproom & Brewery, Open Ybor City Taproom
Monster Energy's beer division announced last Thursday that it will close its Cigar City Brewing taproom and facility in Tampa Bay next year.
Headlines
Hemp Bevs Facing Prohibition Under Fed Funding Proposal
Hemp beverages could be sacrificed in a deal to reopen the federal government, as spending legislation moves through Congress that includes language effectively prohibiting intoxicating hemp-derived THC products.
Diageo Names Consumer Industry Veteran as New CEO
Diageo has tapped Sir Dave Lewis to lead the world’s largest spirits maker into its next chapter, ending a months-long search following former CEO Debra Crew’s departure in July.
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.”
Trip Brings in $40M To Build Brand, Community in US
Relaxation drink maker Trip has secured another $40 million in growth capital earmarked to fund U.S. expansion.
Monster Touts Female-Focused Energy Innovation As Q3 Sales Pass $2B
Monster Beverage Corp. continued to gain ground in Q3, and plans to use that momentum to release a slate of new innovation – including female-oriented brand FLRT – early next year.
Taste Radio: Lessons From Caulipower’s Exit, With Padma & ‘Popcorn’ in Focus
What do the hosts make of Caulipower’s fitting exit, a tennis icon’s investment in a corn-free (!) popcorn startup, and Padma Lakshmi’s partnership with a particularly spicy CPG brand? It’s a full serving of Taste Radio, complete with a taste-test of high-fiber gummy candy and a $20, creatine-packed cereal.
New Products: Gorgie Taps Cranberry For The Holidays, Mockly’s New Packaging
Cranberry is the holiday flavor popping up in seasonal varieties from drink makers like Gorgie, Halfday, Unwell and Cann.
TikTok and Tariffs Stoke Supply Chain Tension
Between TikTok's influence, tariff impacts and the MAHA movement, innovating across the CPG landscape is more complex than ever. We spoke with a range of stakeholders during SupplySide Global to see how they are navigating ever-changing demands and constraints.
Huxley Rebrands to Showcase “Refreshingly Real Energy”
Natural energy drink Huxley is unveiling a revamped visual identity to better communicate its positioning as a moderately caffeinated, hydration-focused option in the increasingly competitive category.
Primo Brands Names New CEO One Year Post-Merger
North American water giant Primo Brands Corporation has appointed Eric Foss as chairman of the board of directors and CEO, effective immediately. He succeeds Robbert Rietbroek.
Spirits: New RTDs From Yoju, Big Sipz, Tip Top and More
The latest ready-to-drink (RTD) releases include soju-spiked Vietnamese coffee from Yoju, supersized Big Sipz, Kirin’s bestselling Japanese canned cocktail, and more. Here’s what’s new on the shelves.
Reviews: ‘Tis the Season to Sparkle With Bear Maple Farms & HOP WTR
This week's review roundup is here to welcome you to winter, whether you like or not, with a pair of seasonal sparkling drinks from HOP WTR and Bear Maple Farms.
Alcohol Distributors Push For Hemp Regulation Over Prohibition
A coalition of 54 beer, wine and spirits distributors are asking U.S. House and Senate leaders to regulate and tax intoxicating hemp products similar to alcoholic beverages.