News

Drake’s Organic Spirits Now Supplying Bulk Organic, Sustainable, Non-GMO Cane Alcohol B2B

Drake’s Organic Spirits — the only organic and sustainable spirit producer on the market that is certified USDA Organic, Gluten-Free, Non-GMO Project Verified, Vegan, and Kosher — is now supplying bulk cane alcohol B2B, offering a portion of its annual 12 million proof gallons of organic cane alcohol to distillers, copackers, blenders, flavor houses/extract manufacturers, and other companies seeking high-quality sustainable organic alcohol.

Twisted Tea Hard Iced Tea Launches New Sweet Tea Whiskey in Select Markets

Twisted Tea Hard Iced Tea, the nation’s No. 1 hard iced tea brand¹, is shaking up the spirits space with the limited release of Twisted Tea Sweet Tea Whiskey through its partnership with Beam Suntory. Twisted Tea Sweet Tea Whiskey will launch across five markets, including MA, RI, OH, MO and TX, plus military outlets.

Constellation Brands Invests In Archer Roose

Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced that it has acquired a minority stake in wine brand Archer Roose – an accessible luxury wine brand focused on offering consciously-crafted, worldly wines to a new generation of legal drinking age (LDA) wine drinkers.

Monster: Q2 Earnings Garners Gross Margins Miss

Monster Beverage Company reported a steep decrease in margins for Q2 2022 as the cost of materials and logistics weighed down record sales of $1.66 billion, a 13% increase from the same period last year. Yet those results were dampened by the soaring cost of sales, which jumped around 40% to $875.3 million.

Monster To Launch Flavored Malt Beverage “The Beast Unleashed”

Monster Beverage Company confirmed its long-rumored entrance into beverage alcohol during its Q2 2022 earnings call on Thursday, announcing that Monster Beast Unleashed, a four-SKU line of flavored malt beverages (6% ABV), will launch in late Q4 2022 with the goal of being nationally distributed by the end of 2023.