News

Web3 Roundup: Taika’s Mateverse Goes to Mint; gmgn Announces Cereal Brand

Functional coffee brand Taika’s collaboration with web3 creative community Friends with Benefits (FWB) is coming to fruition this week as the California-based brand announced it will release 400 NFTs for mint on Thursday in support of its limited edition yerba mate launch.

Nielsen: Price Pressures Spark Early Spring Slowdown

Declining volumes depressed growth in total non-alcoholic beverage sales during the two-week period ended on April 9, according to an analysis of NielsenIQ data by Goldman Sachs Equity Research.

Dry Shelves: Retailers Build Out Non-Alc Adult Beverage Sets

Between non-alcoholic spirits, beers, wines and mocktails, the options for sober and sober curious consumers have boomed over the past few years, but the rise of this new category has also presented a challenge for retail buyers – raising questions of where in the store these zero proof products belong.

Taste Radio: When Looking For An Investor, Look For A Friend

This week, we sat down with the co-founders of Vail-based private equity firm Manna Tree Partners and the founders of three portfolio companies, Verde Farms, Health-Ade and Gotham Greens, to explore the relationship between investor and entrepreneur. The discussions revealed how their personal friendship established a baseline for trust and helped create positive outcomes for all involved.

Numilk Turns to Cafes, Homes with Countertop Pivot

Over the past two years Numilk has quietly moved away from that original strategy to focus on developing technology for foodservice applications and now is preparing to scale its footprint and launch at-home devices capable of making nearly any non-dairy milk product consumers desire.

CENTR Brands Closes Roughly $3.5M Via Private Financing

According to a press release, the net proceeds of the new financing will be used for “growth-oriented production, continued expansion of the recently launched online channel, new product innovation, and general working capital.”