News

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

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

by Brad Avery,

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

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

by BevNET.com Staff,

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 Numilk Turns to Cafes, Homes with Countertop Pivot

Numilk Turns to Cafes, Homes with Countertop Pivot

by Brad Avery,

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 CENTR Brands Closes Roughly $3.5M Via Private Financing

CENTR Brands Closes Roughly $3.5M Via Private Financing

by Martín Caballero,

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.”

A SHOC CEO: “New Blood” Powers $29M Raise A SHOC CEO: “New Blood” Powers $29M Raise

A SHOC CEO: “New Blood” Powers $29M Raise

by Brad Avery,

After announcing the closing of a $29 million Series B funding round on Thursday, performance energy drink brand A SHOC is looking to increase brand awareness and fuel its expansion with the support of its expanded athlete investor team, according to CEO Paul Nadel.

Judge Rejects Whole Foods’ Claim That $15 Million Breach of Contract Suit Is Invalid Judge Rejects Whole Foods’ Claim That $15 Million Breach of Contract Suit Is Invalid

Judge Rejects Whole Foods’ Claim That $15 Million Breach of Contract Suit Is Invalid

by Adrianne DeLuca,

AtlantaFresh Artisan Creamery’s case against Whole Foods Market is moving forward after U.S. District Judge Thomas W. Thrash denied Whole Foods' motion to throw out a $15 million breach of contract lawsuit. The case alleges the natural grocery chain prematurely and ‘abruptly’ broke a seven-year distribution contract with grass-fed dairy producer AtlantaFresh Artisan Creamery and caused the business to go under.