Ginseng Up, a Massachusetts-based producer of ginseng beverages, has invested $2 million into upgrading and expanding its co-packing facilities, including the launch of a new product development arm intended to provide turnkey services for beverage startups.
Specialty food company Stonewall Kitchen this morning announced an agreement to purchase the Vermont Village brand, a producer of organic applesauce and raw apple cider vinegars, from parent company Village Cannery of Vermont. Terms of the deal, which is expected to close in September, were not disclosed.
Lighthouse Strategies — the maker of the Cannabiniers and Two Roots lines of cannabis-infused non-alcoholic craft beers – announced today plans to roll out a line of non-infused, non-alcoholic craft beers.
In this episode Samuel Adams CEO Dave Burwick discussed how previous executive roles at PepsiCo, Weight Watchers and Peet’s Coffee have shaped his perspective on personal ambition, business strategy, enduring trends and leadership.
Wandering Bear Executes on Expansion Plans; Solt-ti Enters Walmart; Phocus Adds CVS, Grocery Chains; Sunwink Adds Whole Foods; Come Back Daily to Open Pop-Up Location
Seeking to move from coffee into the broader energy space, Minnesota-based Caribou Coffee announced today a new line of caffeinated sparkling beverages called Bou-Sted, set to launch this fall across its 600-plus cafe locations nationwide.
Bobo’s founder Beryl Stafford and company CEO T.J. McIntyre spoke about their work dynamic, how they assigned responsibilities and guidelines for their respective roles, and why “the one thing that really serves as the foundational element of who we are is the actual bar.”
In 2019, larger market forces are acting to shape the meal replacement segment’s future: consumers are moving away from the grocery center aisle and towards e-commerce, and they’re also paying closer attention to the types of ingredients and benefits in meal replacement products.
As scientific understanding of hydration and diet regimens improves, and the dynamics of locker rooms change to hand more power to nutritionists and dietitians, sports drink makers are now turning to innovation to cover all the bases for their ever-evolving consumers.
Bringing in one of the world’s biggest box office stars as the new face of premium imported water is not exactly a subtle move. But for Voss, a brand seeking to reassert itself after a transitional period in senior leadership, subtlety was not an option.
Premium, imported bottled water brand Icelandic Glacial announced today that it has raised $66 million in new financing to fuel U.S. and international growth. The funding includes a $35 million investment from BlackRock’s US Private Credit team, as well as $31 million in new equity issued to new and existing investors.
Eric Bonin is the founder and CEO of Pillars Yogurt, a company focused on delivering all-natural and low sugar greek yogurt options in a convenient drinkable format. The products contain both prebiotics and probiotics, a differentiator in the yogurt set.
CBD-infused drink mix maker OLEO, Inc. announced today it has raised $1.5 million in a convertible note round. Speaking to BevNET, OLEO co-founder and CEO Skyler Bissell said the financing served as a “bridge round” between its 2016 series seed and a yet-to-be-determined future funding round.
Teddie Natural Peanut Butter president/CEO Mark Hintlian explained why the company’s obsessive commitment to quality and dedication to its employees have been bedrocks of its success. He also spoke about how Teddie communicates the nutritional benefits of its products and why he believes that some competing brands marketing “natural” products are misleading consumers.
