U.S. spirits exports reached a record high last year, driven by American whiskeys and buoyed by temporary halts to retaliatory tariffs, a new report from the Distilled Spirits Council of the United States (DISCUS) revealed yesterday.
BevNET caught up with the Odyssey CEO last week at Natural Products Expo West to discuss how the company its high-concept functional drink is making inroads with consumers, how the brand has realigned around its flagship product, and what’s next for Odyssey after its recent fundraising round.
The annual Arizona Cocktail Weekend is just one of several regional cocktail summits that have stewarded cocktail movements across the country and have shifted industry events away from teaching cocktail techniques to broader education.
Melissa Facchina, the co-founder of growth equity firm Siddhi Capital, spoke about the pervasiveness of "bad information" circulating on Linkedin and her belief that the vast amount of capital invested in food and beverage brands over the past decade has been to the detriment of the industry. She also explained why a great operations strategy is the key to making healthy food more accessible, and how she defines “a rockstar, unbelievable company.”
The latest news from Natural Products Expo West 2023 includes new launches from RTD Vietnamese Coffee brand Sang, a canned line from Hint Water, seaweed beverages and innovations in the boba kit category.
Venture backed CPG is breathing a sigh of relief for the moment after the federal government stepped in to fully protect all depositors at Silicon Valley Bank after its collapse last week.
Ready-to-pour cocktail DRNXMYTH has secured $3.7 million as it prepares to manufacture its innovative packaging in the U.S. and expand its retail footprint. The Series A round was led by an unnamed beverage venture firm, with Red Door Capital announcing an investment of $975,000 to close out the round on Tuesday.
On the ground in Anaheim, California, Taste Radio’s hosts reflected upon the first two days of an exhilarating Natural Products Expo West 2023 and highlighted standout new brands and products exhibited at the show, along with those featured at the Snaxshot X BevNET and MENA CPG meetups held during the week.
Catch up on the latest news and updates from Natural Products Expo West 2023, highlighted by Sanzo's shift into multipacks, GEN Z Water's sale to Langers Juice, a slew of new innovations for children and how beverage makers are feeling about a recent report on erythritol.
In our second daily recap from Natural Products Expo West 2023, we break down the latest news and updates from the event, including a surge in next-gen sodas, the growth of canned beverages, and how brands are bringing farmers and ingredient sourcing partners closer into their respective product development processes and identities.
Jack Owoc, the controversial CEO and founder of Bang Energy maker Vital Pharmaceuticals, is out as the company’s chief executive and chief science officer, and from its board of directors, where he had served as chairman, effective immediately.
Read the latest news from Expo West 2023, including Proud Water's acquisition, Chatty Matcha's new identity, and TRU's ongoing expansion.
Sierra Nevada Brewing Co. has made a minority investment in Riot Energy, a Venice, California-based energy drink company. The California brewery will “initially serve as an investor,” but will “eventually produce and package Riot Energy products” once its CanDo Innovation Center is up and running.
At the close of the event's opening day, editors discuss their initial observations and takeaways thus far, including a pair of exits for two young brands in the bottled water space, a spike in mood-boosting and brain-focused drinks.
