Bottled water brand PATH has raised $30 million in a Series A funding round led by Altos Ventures aimed at expanding its nationwide distribution footprint and supporting a new East Coast manufacturing facility.
Molson Coors will launch a spirit-based version of Topo Chico in key markets, such as the southwest and southeast and parts of the Midwest.
In states closed off to recreational cannabis, hemp-derived THC drinks are starting to make an impact with curious first-time consumers.
Cactus water startup brand Caliwater has raised $2 million in a financing round backed by a slate of professional athletes, actors and musicians. The round, announced today, marks the brand’s second $2 million raise in as many years.
Milo’s Tea Company has quietly become the fourth largest iced tea maker in the U.S. by steadily building new production capacity and incrementally expanding its target consumer base out of the regional south.
AriZona Beverages is teaming up with Marvel Entertainment on a functional drink called Super LXR Hero Hydration, marking the iced tea maker’s first true leap into the sports drink category.
Max Pouvreau, the founder of premium pudding brand Petit Pot, explained why he has always emphasized frugality and cautious spending, how the hire of an experienced operations executive and planning strategy helped the company scale production and achieve profitability and how being ahead of the curve on permissible indulgence has benefited the brand’s development.
Liquid Death will pay stores a monthly volume-based sponsorship fee to allow accounts to purchase product through Amazon or other retailers, which can then be resold at the standard SRP.
Cannabis beverage producer Cann announced today it has acquired Toronto-based CBD drink maker Sweet Reason, marking the company’s first acquisition as it seeks to build out a platform for alcohol alternatives. Terms of the deal were not disclosed.
Former Distill Ventures co-founder Dan Gasper is launching an independent drinks accelerator aimed at supporting low- and no-alcohol beverages and "the future of spirits."
While Recess' core hemp-infused drinks continue to develop, their traction has been outpaced by the growth of Mood, a 4-SKU non-CBD line that promises similar relaxation and calming benefits and features magnesium as its star ingredient.
The California-based scented bottled water brand is preparing to relaunch this fall after supply shortages forced it into a long hibernation last year, said CEO Shawn Griffis, and will debut an expanded product portfolio including new sparkling and kids lines.
Bang's legal battles with former distribution partner PepsiCo have been primarily fought in civil court, but that could change if Vital Pharmaceuticals CEO Jack Owoc gets his way.
This week saw Pepsi taking inspiration from a classic campfire treat, La Colombe celebrating the Halloween Season and Rambler Sparkling Water entering the energy drink set.
