News

BevNET Podcast Ep. 34: Investors Love Brands Focused on Systematic Change. Here’s Why.

In this edition of the podcast, we sit down with Mark Rampolla, the founder of Zico and the co-founder and managing partner Powerplant Ventures. As part of a broad-ranging discussion, Rampolla explains why food and beverage investors are embracing ideas that meld idealism and technology and what’s driving systematic changes in the food industry.

Celsius Posts Record Q3 Revenues

Speaking during a conference call to announce the results, Celsius CEO Gerry David said that increased sales volume was the underlying driver of revenues during the third quarter.

Taxes On Sugary Drinks Sweep To Victory

Proposition V in San Francisco, which calls for a penny-per-ounce tax on sugar-sweetened beverages charged to distributors, passed by 62 percent to 38 percent.

Detoxwater Announces Distribution Expansion

The new investments will contribute to the growth of parent company SUPERLEAF, LLC in all facets of the business through the next twelve months, and the capital raised will support the company as they meet the demand for even more retail accounts nationwide.

MGP Announces Acquisition of George Remus Whiskey Brand

MGP, a leading U.S. supplier of premium distilled spirits and specialty wheat proteins and starches, today announced the acquisition of the George Remus whiskey brand from Queen City Whiskey LLC, Cincinnati. Terms of the cash transaction were not disclosed.

Old Elk Distillery Launches, Introduces Dry Town Vodka and Dry Town Gin

Celebrating the city of Fort Collins and its legacy of craft beverage, Old Elk Distillery introduces Dry Town Vodka and Dry Town Gin. These high-quality spirits are the first products from Old Elk Distillery, an endeavor by Fort Collins’s Curt and Nancy Richardson, founders of OtterBox and Blue Ocean Enterprises. Production on its exclusive spirits started nearly three years ago, and Old Elk is proud to introduce its first sips in Colorado.

NACS 2016 Video: Forto Shots Aim High

Combining organic, fair trade cold brew coffee, 200 mg of caffeine and milk, Forto’s shelf-stable shots are positioned to offer a potent energy boost for consumers on-the-go, according to CEO and founder Neel Premkumar.

Tinley Launches Hemplify Energy Shot

Like the existing Hemplify products, the Hemplify energy shot will be natural, sugar-free, vegan, non-GMO, gluten-free and made with technology designed to enhance bioavailability.