Headlines

Data: Margarita Reigns; Cocktail Velocity Up 5%

America’s number one cocktail is… still number one. The margarita retained a fifth of all cocktail sales on-premise in the last quarter of 2023, followed in popularity by the martini and Moscow mule, according to new data released by CGA from NIQ.

Flyers Hemp THC Cocktail Brand Takes Flight with Series Seed

Hemp-based beverage brand Flyers Cocktail Co. announced this week that it closed a Series Seed funding round led by cannabis-focused investment firm Delta Emerald Ventures. Now the brand’s co-founder and CEO Craig “Lewie” Lewis says the company is off the ground and cruising.

CPG Week: WTF? N.A. Retailer Goes M.I.A.

The CPG Week team brings on BevNET spirits editor Ferron Salniker to talk about the rumors circulating around adult non-alcoholic beverage retailer Boisson and the group discusses how far is too far with edgy branding in the beverage industry.

Taste Radio: How Momofuku’s ‘Objection’ Helped It Generate $50M In Sales

Marguerite Zabar Mariscal, the CEO of Momofuku, the admired restaurant group founded by David Chang, and Momofuku Goods, a brand of restaurant-quality pantry items inspired by modern Asian cuisine, explains how “a conscientious objection” to complacency has fueled constant improvement and why she’s intent on building companies that have “optionality.”

Morgan Wallen-Backed Ryl Tea Targets Awareness, Accessibility Via DSD

As a fast-rising company in a fast-growing category, Ryl Tea is at an early inflection point in its short lifespan. Speaking about its run thus far, CEO and founder Blodin Ukella emphasized the brand’s attention to efficiency, cash flow and judicious P&L.

After Rapid Rise in Midwest, BUBBL’R Goes Nationwide with Target

BUBBL’R is going nationwide in Target, bringing the Wisconsin-based sparkling water brand to top coastal beverage markets for the first time. Developed and owned by Pepsi-Cola bottler Wis-Pak, BUBBL’R produces a line of functional sparkling waters containing antioxidants, vitamins and 69 mg of caffeine per 12 oz. slim can.

WTF: Lucky F*ck Energy Announces Rebrand, New Investment

Less than a year removed from its launch, Lucky Energy (formerly Lucky F*ck Energy) has landed a fresh $8 million investment as the energy drink rebrands itself to find new distribution opportunities.