Headlines

Distribution Roundup: Teatulia Expands Tea Soda Line

Teatulia Expands Tea Soda Line; Mother Kombucha Adds 840 Publix Stores; Basis Adds Safeway in Colorado; Sol-ti SuperShots Line Goes Chainwide in Publix; Brooklyn Crafted Adds Extra Spicy Ginger Beer Cans in Sprouts; Phivida Launches Oki in Florida; Cirrus Expands in Southeast and Mid-Atlantic

Reed’s: Production Snafus Drive Net Sales Down 19% in Q3

Reed’s Inc. continued its uneven 2019 commercial performance in the third quarter, as production challenges for the ginger ale maker sparked a 19% decrease in net sales during the period, according to financial results released by the company.

Taste Radio Insider Ep. 60: What’s The Worst Advice You Ever Received?

This week’s episode features interviews with the leaders of four entrepreneurial companies -- PathWater co-founder and CEO Shadi Bakour, Lumi Juice founder/CEO Hillary Murray, Aloha CEO Brad Charron and Origin Almond founder/CEO Jake Deleon -- reflecting on advice that, in hindsight, they should have avoided.

Seth Goldman Leaves Honest Tea

Honest Tea co-founder and president Seth Goldman is stepping away from the brand at the end of this year to focus on his role as executive chair at plant-based meat brand Beyond Meat, he revealed in a statement on Thursday.

Kitu Life Super Coffee Caps High Growth Year With Cold Brew, K-Cup Launches

On Monday, Super Coffee will introduce two new additions to its portfolio: Super Cold Brew and Triple Shot Espresso. Unlike the brand’s flagship Super Coffee line and its Super Espresso SKUs, the new products will not contain protein or MCT oil. Instead, both will be zero calorie and contain L-Theanine sourced from green tea.

New Age: Revenue Grows, Losses Mount in Q3

Colorado-based New Age Beverage Corp. reported net revenue climbed 5.3% during the third quarter, according to financial results released this morning.

Sweet Dreams: Bhoomi Aims to Reboot Sugarcane As Healthy Hydration

Innumerable sweetened beverages have for decades had to contend with being dismissively called “sugar water.” But for Texas-based startup Bhoomi, the term comes with a sense of pride. Founded in 2017, Bhoomi produces a line “cane waters” made from cold-pressed sugarcane stalk.

Elevator Talk: Owen’s Craft Mixers Focuses on Quality Ingredients and ‘Just Add Spirits’ Convenience

Joshua Miller is the co-founder of Owen’s Craft Mixers, a brand that aims to deliver the highest quality craft cocktail mixers on the market. Designed with convenience in mind, the products’ recipes feature all the necessary ingredients — including carbonated water, real juice and cane sugar — to easily make a variety of cocktails by simply adding spirits and ice.

WellWell Closes $3.9M Series A Funding Round

Plant-based functional beverage maker WellWell has closed a $3.9 million Series A funding round led by Sweat Equities, the company announced on Tuesday.

Dairy Giant Dean Foods Files for Bankruptcy

The dairy producer announced today it will use the bankruptcy process to “protect and support” ongoing business operations and address debt and pension obligations. Dean Foods has secured $850 million in debtor-in-possession financing from existing lenders to support continued operations ahead of an eventual sale.

Taste Radio Ep. 188: Veggie Grill Co-Founder: There’s A Highly Effective Way To Get What You Want

T.K. Pillan, the co-founder of vegan restaurant chain Veggie Grill, discussed his transition from tech to food and the “light bulbs” that led to the creation of the company. He also discussed why it’s critical for co-founders to be aligned on vision and values, what it means to be “a good investor” and the evolution of plant-based food brands.

People Moves: OWYN Names Mark Olivieri President

OWYN Names Mark Olivieri President; Sweet Reasons Brings On Industry Vets; American Beverage Association Announces New Board Members; New Age Names Julie Garlikov as CMO; Rob Paladino Joins Sol-ti as President; David Kroll Exits COCO5

Celsius: Domestic Growth Fuel Revenue Gains in Q3

Fitness energy drink brand Celsius saw domestic growth boost overall revenue 23% during the third quarter, according to financial results released by the company last week.