News

After Pace-Setting First Year, ZOA Aims Higher

This year, the brand is looking to continue expanding its audience with the release of two new zero-sugar flavors — White Peach and Tropical Punch, which will replace Original and Lemon Lime — and a 12 oz. can format.

Taste Radio: How A ‘Goat’ Of Beverage And Food Investment Picks Winners

Goat Rodeo Capital managing partner Carlton Fowler reflected upon the data and business criteria that influenced the firm’s initial investments and offered his evaluation of non-portfolio DTC brands and their potential for omnichannel success. He also weighed in on the continued blurring of lines within the non-alcoholic beverage and beverage alcohol industries and explained why Goat Rodeo’s second fund will not include investments in cannabis beverages.

1933 Industries to Acquire CBD Beverage Brand Day One

Cannabis portfolio company 1933 Industries announced today it has signed a binding letter of intent to acquire CBD beverage maker Day One in an all-stock transaction, just four months after the sparkling water brand relaunched as an independent business.

Acosta: Pandemic’s Impact on CPG Industry to Continue Throughout 2022

The COVID-19 pandemic will continue to impact consumer attitudes towards shopping and eating this year, according to a new 2022 trend outlook report by sales and marketing firm Acosta. Consumers surveyed by Acosta in July and October said they were continuing to eat more at home than they did prior to the pandemic.

Will Dry January Lead to a Flood of NA Investment?

Dry January started in England before it crossed the Atlantic to the U.S. Now, non-alcoholic beer, wine, and spirits brands chasing the Dry January crowd have followed. It looks like a crowd of eager investors may be close behind.