Hemp-derived THC drink brands and beverage-alcohol distributors are growing closer as they seek to open up new opportunities in higher-dose products as value becomes a more pressing metric for shoppers.
Absolut is expanding both its ready-to-drink and ready-to-serve cocktail lines today, announcing several new flavor additions, including an expansion of its co-branded partnership with cranberry giant Ocean Spray.
President Donald Trump’s plans to levy 25% tariffs on goods imported from Mexico and Canada have been postponed, temporarily averting a trade war that put American alcohol in the crosshairs.
In this week’s new products roundup, Lavazza revs up its partnership with Lamborghini, Coca-Cola takes another stab at a permanent line addition and Celsius ventures into the powdered hydration market.
The majority of staff at Guayakí’s self-distribution division, The Yerba Mate Co. (YMCO), have been laid off following the company’s announcement of a national distribution partnership with Anhesuer-Busch (AB) earlier this month.
Single malt Scotch whiskey purveyor Glenmorangie has tapped legendary actor Harrison Ford as the new face of the brand, starting with its “Once Upon a Time in Scotland” campaign.
Molson Coors Beverage Company is getting in on the mixer set with a new strategic partnership with Fever-Tree, taking an 8.5% minority stake in the business and granting the alcohol giant exclusive U.S. commercialization rights to the premium brand beginning February 1.
The Soboba Band of Luiseño Indians have become one of the first Indigenous groups to launch a beverage brand, bringing their unique identity and history to the functional and hemp-derived THC drink categories.
For the 2024 calendar year, dollar trends have stabilized somewhat for wine (-2.8%) and beer (-0.7%). Spirits experienced a significant slowing of growth in 2024 in off-premise channels, with essentially flat dollar growth (+0.2%). View the full report.
Watch founders and CEOs introduce their brands and provide a recap of recent news and updates. This week's special co-host is Dale LaFlam, the founder of 5:30 Somewhere, who shared his thoughts, questions and feedback with the participants.
In this roundup of new product reviews, we try new beverages from Cuddle Sleep Health, A2 dairy latte maker Laurel's Coffee, canned spring water startup Father's Dear, and the latest flavor in Partake Brewing's Hop Twist line, Citrus.
Botanic Tonics, makers of Feel Free herbal supplement shot, has secured a $25 million internal investment to support its testing efforts and to secure its kava supply chain.
At least five now-former Suja Life employees announced their exit from the cold-pressed juice company this week as the company undergoes a strategic reorganization of its marketing department.
Consumer sentiment is finally improving, and the economy is solidly on the rise. View the full report in partnership with SPINS.
