IRVINE, Calif. — SOLÉ Natural Italian Mineral Water, a premium Italian mineral water brand comprised of three distinctively bottled SOLÉ lines, announced the launch of a three-pronged sales and marketing…
The energy drink company continues to have ambitions to produce spiked seltzer brands of its own, said co-founder Hilton Schlosberg on an analyst call that addressed its quarterly earnings and today’s announced purchase of the CANarchy collective of craft beer brands.
For both cannabis seltzer brands, each owned by vertically integrated multi-state cannabis operators, this year is poised to be a critical one for growth, as the former completes its takeover by Florida-based Ayr Wellness, and the latter aims to tackle pricing while preparing to debut an innovative new product.
Energy drink maker Monster Beverage has reached “a definitive agreement” to acquire the CANarchy Craft Brewery Collective for $330 million in cash, the company announced today. The all cash deal is expected to close in the first quarter of 2022, pending “customary closing conditions, including regulatory approvals.”
Within the current tequila market, it can be easy for some brands to have something of an inferiority complex. Considering the amount of star power that has been injected into…
The Wine & Spirit Education Trust (WSET), the leading global provider of wine, spirits and sake qualifications, has appointed Michelle Brampton as its new CEO. Michelle will join WSET on…
Maison Hennessy is proud to announce its first-ever NFTs in partnership with BlockBar.com, featuring Hennessy·8, a blend crafted to honor a time of transition. In 2017, the Maison’s 7th-generation Master…
Black-owned Victor George Spirits (VGS) announced they have closed on a deal to buy an equity stake in Palm Beach Distillery (PBD). Palm Beach Distillery is located at 1142 Okeechobee…
Casa Del Sol tequila has announced the appointments of industry veterans Clarissa Clark as Senior Vice President of Sales, and Brian Condon as Senior Vice President of Distribution Operations. Clark…
NADI is thrilled to announce that its new rosehip juice production factory near the Georgian capital of Tbilisi will run entirely on solar energy, which reduces carbon dioxide, saves tons…
Financial services firm Jefferies web sleuthed several job posts over the last year that point to Monster “prudently building expertise in the alc space, incl. alc strategy (innovation) and regulatory affairs *bev alc. experience ‘a must.’).”
In 2018, fermented dairy brand Lifeway announced the beginning of “Lifeway 2.0,” a strategic revitalization plan to invigorate growth and expand the brand internationally. Now, speaking today at the virtual 2022 ICR Conference, CEO Julie Smolyansky said the goals of the plan have been achieved and the company is now beginning a new phase: “Lifeway 3.0.”
Positioned to compete directly with Bang, C4 and the range of other high-caffeine energy drinks that have emerged from the supplement space over the last several years, Echelon packs its muscular, 300mg caffeine formula into an 8.4 oz. slim can in three flavors, each with a spicy kick: Yuzu Cayenne, Berry Habanero and Watermelon Thai.
FoxTrot thinks convenience stores and corner markets need a makeover, and now it’s got more cash to make that a reality. The retailer announced today that it has raised $100M to help expand into new markets and to invest into its ecommerce business.
