News

Asian pear juice startup Seoul Juice has scored a new equity partner — U.S. men’s soccer player and MLS star Jordan Morris — ahead of its forthcoming launch at Costco stores in the Pacific Northwest next month.

Several electronic devices owned by Bang Energy manufacturer Vital Pharmaceuticals (VPX) have been placed on “lockdown” by a Florida federal bankruptcy court after former CEO Jack Owoc was accused last week by VPX’s attorneys of extracting and sharing privileged corporate information, following his termination from the beverage company in March.

The Canadian sports drink and supplement brand has cut ties with some of its leadership after an internal review revealed “material misstatements” in its financial reporting, as troubled parent company Canopy Growth takes another hit.

This week on the podcast, the hosts discussed their smash-and-grab introduction to AriZona’s new line of hard teas, a Ted Lasso sighting at BevNET Live and a category-defining victory for non-alcoholic cocktail brands. This episode also features an interview with Luke Holden, the founder and CEO of Luke’s Lobster, a vertically integrated and family-owned seafood company based in Saco, Maine.

In 2017 Alix Peabody launched Bev, a Los Angeles-based canned wine and spritz brand, by cashing in her 401(k) to purchase 300 gallons of rosé.

In this week’s new products roundup, Jones Soda Co. gets ready for game night with the launch of its Pucker Punch Game Pack, Uncle Matt’s introduces a functional juice-based beverage and De Soi and Blind Tiger unveil summer-inspired non-alc beverages.

Monster’s “upbeat and constructive” tone during its annual shareholder meeting yesterday has boosted confidence among Goldman Sachs analysts, per a report issued late last night.