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June saw plenty of innovation in the functional beverage category with many notable releases in the cannabis and hemp infused beverage space from brands such as Fable, Aurora Elixirs, VYBES and more. Check out this month’s gallery for the latest hemp cocktails, probiotic drinks, immunity-boosting beverages and brand debuts.
After declaring bankruptcy last year, Wisconsin-based NessAlla Kombucha has been acquired and revamped by newly formed Upside Beverage Co.
Dashfire, a family-owned bitters and cocktail company based in Minnetonka, Minnesota, is pleased to announce expansion of their ready-to-drink cocktails and hard coffees to three additional states: New York, Wisconsin, and Alaska.
Canción Tequila, an ultra-premium tequila line, announces exciting re-brand launch plans and will begin distributing Canción Tequila, formerly Roger Clyne's Mexican Moonshine Tequila, product throughout the state of Minnesota.
Miami-based company Tropical Distillers is thrilled to announce they are opening the only distillery in the City of Miami towards the latter part of the year which will produce their J.F. Haden’s Craft Liqueurs. Located in the heart of the up-and-coming, Allapattah neighborhood at 2141 NW 10th Avenue, the distillery will offer guests a one-of-a-kind premium liqueur brand experience just steps away from the famous Wynwood Arts District.
Amid a wave of food and beverage companies going public, Vita Coco parent All Market Inc. is the latest to receive buzz about a potential IPO. Earlier this month, Bloomberg reported that the company is potentially planning to list shares as early as the third quarter with a potential valuation of more than $2 billion.
Charleston based Sweet Grass Vodka, a leading craft spirits, innovation company, announced that InterContinental Beverage Capital will join its team and take a minority ownership position in the company.
Darryl McNally, Master Distiller, and descendant of the Limavady Distillery’s 18th century operators, is leading the revitalization of the historic brand, pulling it into the 21st century and propelling it onto a global stage.
Amy’s Kitchen co-founders Andy and Rachel Berliner spoke about how they’ve maintained their vision and focus for the prepared food brand over the years, how a retirement-aged accountant became the company’s most significant hire, why they are extremely patient when it comes to new product development and why their happiness has never been tied to financial gain.
1800 Tequila, the world’s most-awarded tequila line, debuts a cinematographic campaign for new 1800 Cristalino Tequila, displaying two GRAMMY-winners: singer-songwriter and brand ambassador Kali Uchis and director Jenn Nkiru
The growth of the specialty food industry over the past year was primarily driven by products used for at-home cooking and baking as consumers looked to make easy meals and indulgent treats as lockdowns carried into the new year. In a recent report published by the Specialty Food Association (SFA) with research from SPINS and IRI, the SFA predicts that these categories will continue to lead growth in the industry as cooking at home becomes more habitual to consumers.
As the industry continues to lap last year’s heightened pandemic-driven retail sales, non-alcoholic beverage sales remained “broadly elevated” in the two-week period ending June 19, according to an analysis of Nielsen data by Goldman Sachs Equity Research.
As part of a process intended to increase diversity within the alcoholic beverage industry, Diageo-backed spirits investment group Distill Ventures has announced the launch of a Pre-Accelerator program dedicated to supporting early stage founders from underrepresented demographic groups.
In time for National Dive Bar Day this summer, Seagram's 7 Crown American Blended Whiskey is raising a glass to small businesses, including dive bars, across the country by teaming up with actor and comedian, Iliza Shlesinger, to launch the brand's new "Keep the Dive Alive" campaign.