A stockholder of flavored tequila 21Seeds is suing its parent company Diageo for obscuring plans to develop a competing product in the category, while undermining 21Seed's ability to reach the sales goals tied to its earn-out targets.
Canadian cannabis giant Tilray Brands’ intoxicating hemp beverages have generated $1.4 million in revenue so far in fiscal year 2025, boosted by distribution expansion to more than 1,000 points of distribution across 10 states.
Diageo is teaming up with consulting and investment firm Main Street Advisors for a strategic joint venture that swaps out the spirits giant’s majority ownership of Cîroc Vodka in North America for a majority stake in basketball legend Lebron James-backed Lobos 1707 Tequila.
In the latest new ready-to-drink roundup, Limoncello makes a comeback thanks to two brands, Mom Water spikes the spa water with a Cucumber Citrus release, and BeatBox is giving big dill energy with a limited-edition pickle margarita.
On the heels of its rebrand and reformulation earlier this year, Protein2o is rolling out to 1,400 Target stores nationwide. The mass retail chain will carry the brand’s protein hydration drinks in Strawberry Watermelon and Orange Mango flavors. Additionally, Target will exclusively offer Protein2o’s newest flavor, Lemon Lime.
Republic National Distributing Company’s (RNDC) portfolio in California has shrunk again, as Gallo moves its popular High Noon Sun Sips ready-to-drink (RTD) canned cocktail line to the Reyes Beverage Group.
In this week’s new products gallery, BRĒZ gives its flagship product an extra kick, Waterloo heads to Flavortown with Guy Fieri and La Colombe pays homage to a classic summertime treat.
Waterloo is partnering for the second year in a row with celebrity chef Guy Fieri on a new limited edition line of co-branded flavors: Lemon Italian Ice, Huckleberry Cobble and Spiced Mango Sorbet; The Coca-Cola Company’s “Share a Coke” cans and bottles are coming back.
This week's review roundup take a critical eye to NBA star Steph Curry's collaboration with PLEZi Hydration, plus Be Love and Deadless.
With softer sales and shifting trade policy rocking the spirit industry, founders searching for a buyer will need to get creative, according to a panel discussion at the annual Distilled Spirits Council of the U.S. (DISCUS) conference in Washington D.C. last week.
Harvest Hill Beverage Company, best known as the maker of kids drink brands SunnyD and Juicy Juice, has agreed terms for its acquisition by Guatemalan business group Castillo Hermanos, in partnership with private investment firm Centerview Capital.
Both subcategories see positive sales performance and have bounced back from negative unit sales the year prior.
Drinks featuring sea-derived ingredients like algae, spirulina, and sea moss are gaining strong momentum, fueled by rising consumer interest in health, sustainability, and plant-based nutrition.
King Juice, the parent company of Calypso Lemonades, is expanding its beverage portfolio with the acquisition of plant-based hydration brand Mela Water, producers of a premium watermelon water in cans.
