News

PLNT Blend Beverages CEO David Holmes Joins Maine Craft Distilling’s Board of Directors

Maine Craft Distilling, an innovative and fast-growing distillery based in Portland, Maine, is pleased and honored to announce that David Holmes, CEO of PLNT Blend Beverages, has joined its board of directors. David co-founded Spiked Seltzer in 2012 which created the $500M Hard Seltzer category and was later acquired by Anheuser-Busch in 2016.

Mount Gay Rum Partners with Oceana on “More Taste, Less Waste” Campaign

Mount Gay, the makers of the world’s oldest rum, is supporting Oceana, the largest international organization dedicated solely to ocean conservation, with the launch of More Taste, Less Waste, a collaborative Mount Gay Rum x Oceana pledge campaign that promotes the reduction of single-use plastics as a means to advocate for the reduction of plastic use.

Red Bull and USA Basketball Announce Partnership

USA Basketball has announced a multiyear partnership with Red Bull North America to build an elite pathway for men’s and women’s players who have a goal of competing at the highest levels of 3x3 basketball.

Taste Radio Insider Ep. 32: The ‘First’ Name in Investment Opens Up Its Playbook

A trio of executives from investment and advisory firm First Beverage Group joined us for a discussion about its portfolio and investment philosophy and how they evaluate synergies with entrepreneurial brands. They also discussed which categories might be best suited to weather a potential downturn, and why CBD is not the only cannabis-based ingredient that’s caught their attention.

Monster: Q1 Results Beat Analyst Expectations

Monster Beverage Corp. beat analysts’ expectations during the first quarter of 2019, reporting strong sales growth despite facing increased competition in the energy category. Net sales for the company in the first quarter were $946 million, up 11.2% from $850.9 million in 2018, according to financial results released yesterday.

Gallery: April’s New Spirits

In this slideshow gallery, we highlight a handful of the notable debuts across liquor categories, including the launch of Roe & Co., a premium Irish whiskey, and flavored vodkas from Stoli, Effen and Ciroc.

Bird Dog Whiskey Launches Black Cherry Flavored Whiskey

Bird Dog Whiskey has released a new Black Cherry Flavored Whiskey. Bottled at 80 proof and priced at $19.99 a 750-ml, Bird Dog Black Cherry Flavored Whiskey will be launched nationwide throughout 2019.

Aviation Gin Partners with Air Force Association on Summer Promotion

The Air Force Association (AFA), a non-profit 501c3, announced that they are partnering with Aviation American Gin on a summer beverage promotion whereby a percentage of proceeds from the promotion will go toward programs that support Airmen and their families.

FDA Allows Allulose to be Excluded from Total and Added Sugars

The Food and Drug Administration (FDA) issued new draft guidance last week for allulose, stating it intends to allow manufacturers to exclude the low-calorie sweetener from total and added sugars on Nutrition Facts labels, marking the first time a sweetener will be exempt from the total or added sugars list.