News

CBD Legalized in California as Governor Signs AB-45 Into Law

After years of effort by activists including multiple legislative attempts, California Governor Gavin Newsom signed Assembly Bill 45 into law yesterday, creating a regulatory framework to immediately allow for the legal sale of CBD-infused products.

NACS 2021 Notebook: Pepsi Revamps Energy; Candy, Watermelon Flavors Abound

Whether in the form of licensed partnerships or by creating their own outlandish candy inspired flavors many in the rising sub-set of “performance energy” drink brands have found that their consumers have a serious sweet tooth. Also, Java Monster unleashes Cold Brew, Pepsi strategizes around energy and Vita Coco keeps tweaking.

Bettaway Expands Operations For New AriZona Iced Tea Production Facility

National supply chain management company Bettaway announced the opening of a new logistics management center to complement the recent construction of its 1.2 million square-foot AriZona Iced Tea production and distribution facility in Keasbey, New Jersey. The Keasbey campus is now the largest production and distribution center in AriZona Iced Tea’s network.

Molson Coors-Backed CBD Brand Veryvell Expands Across Country

Truss CBD USA, a joint venture by Molson Coors Beverage Company and cannabis products maker HEXO USA, announced today plans to expand its Veryvell brand of CBD beverages across the country following its launch in the Colorado market last year.

KDP: Company Aims to Increase M&A, Fortify Distribution Network

Analysts from Goldman Sachs Equity Research were overwhelmingly positive about Keurig Dr Pepper’s (KDP) long term growth potential following the company’s Investor Day webcast last week. In an analysis of the webcast, Goldman Sachs said the company’s “upbeat outlook delivered on our expectations” to accelerate topline growth and increase earnings.

Inspiro Tequila Launches in the U.S.

Inspiro Tequila, a new ultra-premium additive-free tequila, meticulously crafted from hand-selected 100% Blue Weber Agave, has launched in the U.S.

AM-PM Coffee Bourbon Launches In The US Market

AM-PM Coffee Bourbon has made a notable splash in the liquor industry. In the flavored whiskey category, it is coffee bourbon’s time to shine. In just a few months AM-PM has garnered attention, high demand and is expanding into 10 markets with little solicitation.

Grand Teton Distillery Releases Private Stock Straight Corn Whiskey

Award-winning Grand Teton Distillery announced the release of its first whiskey in a new series — Grand Teton Private Stock Straight Corn Whiskey. Grand Teton’s Private Stock Whiskies are limited release barrels that have been individually selected, proofed with pure mountain water and hand-bottled.