SunOpta: Demand For Plant-Based Products Fuels Record Growth In Q2
SunOpta reported one of its strongest quarters in company history, posting a record $145.9 million in revenue on the back of a record 31% growth in plant-based food and beverage.
News
Seth Goldman’s Eat the Change Raises $14.5M to Fuel Just Ice Tea Launch
Eat the Change, the healthy snack brand founded by Seth Goldman has raised $14.5 million in new funding to support its expansion into the ready-to-drink tea category. In June, Goldman announced plans to launch a new organic bottled tea line called Just Ice Tea under the Eat the Change platform after The Coca-Cola Company said it will discontinue Honest Tea.
Rancho La Gloria Expands into the Spirits Category with Premium Infused Tequilas
Rancho La Gloria, the largest wine-based ready-to-drink alcoholic beverage brand, announced its expansion into the spirits category with the launch of premium Infused Tequilas.
Old Louisville Whiskey Co. Launches Batch #1 and Opens Tasting Room
Old Louisville Whiskey, a new line of small batch whiskeys, launched in Kentucky in early August. Founded by Amine and Beth Karaoud, the Old Louisville Whiskey Co. has its roots in the historic neighborhood as the Karaouds funded the company with the sale of their Old Louisville rental properties.
Reed’s Launches the New Zero Sugar Stormy Mule across the West Coast
Reed's, Inc. (NASDAQ: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, all-natural ginger beverages, announced the launch of the Reed’s Zero Sugar Stormy Mule across the West Coast.
Flow Beverage Corp. Becomes Official Water of Blade Urban Air Mobility
Flow Beverage Corp. (TSX:FLOW; OTCQX:FLWBF) (“Flow”) announced that it has executed an agreement to become the official water partner of Blade Urban Air Mobility (“Blade”) in the flat and still water category.
Mom Water Reaches 35 States
Widely popular fruit-infused vodka water, Mom Water, announced another increase in distribution, reaching a total of 35 states this August.
ELIQS Closes $5.7M Seed Round, Extends Platform to Web3, Brand Incubation
Barrel Labs, the newly formed parent company of DTC customizable beverage brand ELIQS, announced on Wednesday it has closed a $5.7 million seed round that will support its expansion into three business platforms intended to help it become a “customization platform for the entire beverage industry.”
HOP WTR Hires Lauren Davidson as Senior Vice President of Sales
HOP WTR – the non-alcoholic sparkling hop water crafted with crisp, bold hops and mood-boosting ingredients – welcomes a new hire for their Senior Vice President of Sales position, Lauren Davidson.
KeHE Distributors Expands its Aurora, Colorado Distribution Center
KeHE Distributors (KeHE), one of the largest and most respected natural & organic, specialty, and fresh distributors in North America, will unveil the expansion of their Aurora, Colorado distribution center on August 31st.
BevNET San Diego Industry Meetup: Connect With the SoCal Food, Beverage & Beer Communities
The BevNET team is hosting a SoCal food, beverage, and beer industry meetup on Tuesday, September 13th from 4PM to 6PM PT. Join our San Diego team, as well as our CEO John Craven and CMO Mike Schneider, for two hours of networking and product sampling.
MALK Organics Debuts Chocolate Oat and Expands Retail Footprint
Leading alternative milk brand, MALK Organics has announced significant distribution expansion for their line of plant-based milks.
Chamberlain Coffee Adds 2 New Flavored Matcha Powders To Its Product Lineup
Chamberlain Coffee, the leading coffee lifestyle brand and brainchild of Emma Chamberlain, announced the launch of two new flavored matcha powders: Vanilla and Mango. Made with organic A-Grade, ceremonial matcha, these two new flavor innovations are an extension of the brand’s ultra-popular classic Chamberlain Coffee Matcha Green Tea that has amassed thousands of new brand fans and has sold out a groundbreaking five times.
Ennismore Partners with Saint James Tea
Ennismore, the fastest-growing lifestyle hospitality company, announces a partnership with Saint James Tea - a new, sustainably-packaged organic line of ready-to-drink teas with a mission to better the community.