In an effort to establish itself a global provider of cannabidiol (CBD) infused beverages, New Age Beverages Corporation (NASDAQ:NBEV) today announced plans to merge with Morinda, Inc., a Utah-based company that produces and sells Tahitian Noni Juice.
Yerbae, maker of a line of enhanced sparkling waters made with yerba mate, has raised $5 million in a round led by Arizona-based firm Zenfinity Capital. The investment will fund the company’s 2019 distribution expansion, which includes a partnership with New York metro distributor Big Geyser set to begin in January.
Beanfields CEO Arnold Ventura explores the development of his professional life amid the rapidly evolving food and beverage industries and how lessons gleaned from each role have molded his perspective on business and his leadership style.
Nearly a year-and-a-half after launching in the U.S., British meal replacement powder brand Huel is releasing a line of ready-to-drink “nutritionally complete” beverages. The new products generated massive single day sales when they became available for pre-order online this week, according to the company.
Rick Smith, President & CEO of HyVida, has engineered a functional sparkling water line by adding hydrogen gas. Incorporating hydrogen through a unique technology provides consumers a beverage with added antioxidants. With new technology and a unique concept, Smith has found developing a narrative the most challenging piece of the puzzle.
Ryan Ziegelmann, president of Starbucks-owned organic beverage brand Evolution Fresh, passed away from cancer on November 8, the company told BevNET in an email.
We recap some of the past month's notable new product launches, including a pair of new premium teas from Tejava, plant-based holiday nogs from Good Karma, and a new entrant to the dairy free milk category.
AriZona co-founder/chairman Don Vultaggio discussed how his experience as a beer distributor paved the way for the development and stunning rise of AriZona. He also explained how the company has maintained its iconic 99 cent pricing model for 26 years, why he views AriZona as “one big incubator,” and why running a business means handling all kinds of problems, even if it means mopping up blood.
Entrepreneur interviews Koia founder Chris Hunter on his journey from Four Loko co-founder to plant-based beverage maker; The Kombucha Shop wins investment on TV's Shark Tank; Forbes looks at the rise of sugar-free soda; Keurig partners with Anheuser-Busch for pod-based cocktail system
How Barnana Co-Founder/CMO Nik Ingersöll makes ugly bananas look amazing; also featured: an exploration into the brain-boosting business of nootropic beverages and why CBD drink brands might find a friendly bill coming their way.
Taja Dockendorf, Co-founder of Bitter Love, is focusing on a new flavor profile to differentiate in the sparkling water category. The brand combines digestive bitters like ashwagandha, ginger and wormwood with carbonated water and a splash of fruit juice to offer a functional sparkling bitter beverage.
Monster Wins Trademark Suit, But Contract Dispute Looms; The Wonderful Company Faces Pregnancy Discrimination Accusations; Consumer Group Asks FTC to Investigate Sucralose Advertising
In making the jump into the competitive energy drink space with the launch of a carbonated C4 On-the-Go in April, sports nutrition company Nutrabolt is betting that the brand’s existing audience — the over 5 million customers who have purchased its products — will follow along with them.
At the helm of a brand with nearly $180 million in annual retail sales, Essentia founder Ken Uptain explained why timing has been so critical to success. He also spoke about his leadership style, why all potential employees have to pass “Ken’s Good Guy Test,” and the one thing he’ll never share with his team.
