News

Distill Ventures Aims to Accelerate Representation in Spirits

If you’re a BIPOC or woman entrepreneur, the statistics on your access to capital aren’t promising. Black entrepreneurs, for instance, received 1% of the venture capital invested in U.S. startups in the first half of 2021, according to CrunchBase. Meanwhile, only about 2% of venture capital goes to women entrepreneurs.

Four Roses Continues Eastern Kentucky Flood Relief Efforts

Four Roses Distillery announced it will be continuing its relief efforts to help those affected by the floods in Eastern Kentucky, with a $50,000 cash donation to the Team Eastern Kentucky Flood Relief Fund and a hand-selected single barrel release with 100% of proceeds donated to the fund.

Harmless Harvest Introduces Coffee & Tea Product Line

Harmless Harvest, the pioneer in organic, functional, plant-based premium food and beverage coconut products, is getting into the coffee and tea category with the debut of two new products: Harmless Harvest Single Origin Coffee with Organic Coconut Water and Harmless Harvest Yerba Mate with Organic Coconut Water.

Bankruptcy or ABC? Inside Haus’ Breakup Mechanism

Last week, low-alc aperitif brand Haus announced that it would shut down. Rather than filing for federal bankruptcy protections, the California-based brand instead looked to a different type of common law bankruptcy procedure known as an Assignment for the Benefit of Creditors, or an “ABC.” But what is the process and how does it work?

Star Search: How Celebrity RTDs Are Competing for the Coldbox

Cut to commercial: In the Finland wilderness, actor Miles Teller makes friends with a bear, bonding over their shared love of The Finnish Long Drink, a ready-to-drink version of Finland’s signature gin cocktail. Many Americans may have never heard of a long drink, but they may recognize the “Top Gun: Maverick” actor.