Pillars Drinkable Greek Yogurt Doubles Store Count; Yerbae Adds 2,000 Stores; MATI Energy Launches Whole Foods Southwest, Focuses on Office Accounts; LIFEAID Partners with Hudson News Distributors; ITO EN Oi Ocha Green Teas to Enter Walmart; HFactor Adds 1,500 Walmart Locations
No Cow founder/CEO Daniel Katz spoke about his passion for entrepreneurship and the genesis of his plant-based protein bar brand, which he launched with no business plan or extensive market research. He also discussed why his initial “play the numbers” retail strategy worked, why he rarely asks for advice, and why he decided to return as CEO less than a year after stepping down from the role.
Jones Soda Co. reported a 10 percent decrease in year-over-year revenue in the second quarter in an earnings call with investors yesterday. During the call, Jones CEO Jennifer Cue discussed hemp and CBD company Heavenly Rx’s recent investment and the company’s plans for the development of a CBD-infused beverage line.
Fitness energy drink Celsius saw year-over-year revenue grow 73% during the second quarter of 2019, according to financial results released by the company yesterday.
Speaking at Cannabis Forum 2019, held on June 14 in New York City, Michael Hayford, co-founder/CEO/chairman of Cannabiniers parent company Lighthouse Strategies, shared a look at the company’s ambitious roadmap for growth.
New Age Beverages recorded a 397% increase in net revenue and a net loss of $11.7 million in the second quarter of 2019, according to financial results released by the company this morning.
According to financial results released by the company this morning, underlying net sales grew 2.6% in the second quarter of 2019, driven by a 2.1 increase in volume/mix and a higher net price realization of 9.5%. However, net sales for packaged beverages grew just 1%.
The latest volley in the ongoing legal skirmish between Monster Energy Corp. and Bang Energy manufacturer Vita Pharmaceuticals/VPX Sports was filed yesterday in U.S. District Court in the Southern District of Florida. The complaint accuses Monster and its executives of engaging in a “conspiracy” to “suppress, obstruct, and conceal” alleged health risks related to consumption of the brand’s energy drink products.
Former Anheuser-Busch Beyond Beer vice president Randy Ornstein is moving to the retailer side of the desk, taking a job with convenience store delivery company goPuff. Ornstein will be goPuff’s director of alcohol, he confirmed to Brewbound.
Monster Energy Corp. recorded total net sales of $1.1 billion in the second quarter of 2019, an 8.7% increase from the same period last year, according to financial results released this morning.
Mark Nunn Leaves Nutpods, Starts Consulting Business; Humm Hires Matt Witherell as President; Dean Foods Names New CEO; Former Coke Exec Joins Glucose Health Board; FloWater Names New Chief Sales Officer; O2 Sports Recovery Names New VP of Sales
International spirits conglomerate Diageo announced today that it has acquired non-alcoholic distilled spirits maker Seedlip. The liquor company had been an investor in the brand through its venture capital arm, Distill Ventures.
In this month’s spirits gallery, we highlight a handful of the notable new releases from mid-summer, including a special collaboration between Remy Martin and French metalsmith Steaven Richard, a new limited edition single malt from Laphroaig and several new canned RTD cocktail products.
Speaking with BevNET, Dixie CEO Chuck Smith said the partnership -- which at the end of its term can be renewed two times for up to four years -- is likely to produce a variety of THC-infused products under the AriZona name, starting with vape pens and gummies.
