RTD Spirits Gallery: From G&Ts to Brunch Bellinis
In our latest RTD Cocktails Gallery, we take a snapshot of summer, with new releases ranging from a brunch-themed bellini to a classic whiskey cola to a ready-for-anytime Aperol Spritz.
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Watch: Category Closeup: Product Showcase – Sports Drinks
After taking a deep dive into the category dynamics and trends on the Expert Analysis portion of the show, the focus for this month’s episode of Category Close-Up: Sports Drinks shifts to the brands that are driving the action on-shelf in retailers nationwide.
Molson Coors-Backed Truss Expands Veryvell RTD CBD Beverages and Drops Statewide in Colorado
Veryvell, the line of CBD beverages and drops from Truss CBD USA, the joint venture backed by Molson Coors and Canadian cannabis company HEXO, will roll out to on- and off-premise retailers throughout Colorado.
Jones Soda Sets Stage to Enter Cannabis Market
Over two years after cannabis industry investment firm SOL Global took a minority stake in Jones Soda, the Seattle-based craft soda maker is finally preparing to launch infused edibles and beverages. Yesterday, Jones issued a $2 million unsecured convertible debenture to SOL Global and entered a non-binding term sheet with Canadian reporting issuer Pinestar Gold Inc.
Distribution Roundup: CarryOn Expands Reach At Sprouts; BioSteel Partners With Provi
In this week's distribution roundup: CarryOn Wellness expands its presence in Colorado Sprouts Farmers Market stores, BioSteel partners with B2B e-commerce platform Provi and Kona Gold Beverages signs an agreement with Central City Distribution.
Category Close-Up: Expert Analysis – Sports Drinks
This month's episode turns its focus to sports drinks, as consolidation at the top is balanced by rapid innovation and disruption from the category's rising new generation.
Pressed Juicery Rebrands to ‘Pressed’, Emphasizing Broader Offerings
Having long ago expanded its product offerings beyond the purview of juice, Pressed Juicery announced today that it has rebranded, simplifying its name to Pressed. The refresh will include updated packaging for the brand’s wholesale CPG line as well as a comprehensive redesign for its more than 90 stores across the country.
Federal Decriminalization of Marijuana Proposed in Senate
Senate Majority Leader Chuck Schumer introduced draft legislation today that would federally legalize marijuana.
Jessica Biel Joins Kinderfarms As Co-Founder
Seeking to extend its reach beyond the hydration category and create a clean-ingredient, family-oriented wellness platform brand, Kinderlyte this week introduced both a new brand identity, Kinderfarms, and co-founder – actress Jessica Biel – along with announcing the launch of a a kid-focused line of plant-based protein shakes.
Suja Acquired By PE Firm Paine Schwartz
Cold-pressed juice brand Suja Life has been acquired by investment group Paine Schwartz Partners, the company announced today. Financial terms of the deal were not disclosed.
PepsiCo: Q2 Net Revenue Surges as Consumer Mobility Returns
Fueled by the resurgence of on-premise accounts and increased consumer mobility, PepsiCo net revenue surged 20.5% to $19.2 billion in Q2 2021, beating already-optimistic analyst expectations. According to an earnings report released today, organic revenue growth increased 12.8% in the quarter, up from 7.4% last year.
Nielsen: Overall Gains Offset By Growth Slowdown
Non-alcoholic beverage sales slowed across all channels over the two-week period ending on July 3, 2021, according to an analysis of Nielsen data by Goldman Sachs Equity Research. Yet overall growth remains positive — on a two-year stack basis, total non-alcoholic sales are up 15.5% — and growing momentum behind the on-premise channel (+5.1% over the two weeks) are causes for optimism.
Taste Radio: How To Become The ‘Envy’ Of Your Competition, One Dream Retailer At A Time
This episode features an interview with Wes Henderson, the co-founder and chief innovation officer of Angel's Envy, who chronicled the history and development of the revered whiskey brand and how the company rapidly scaled while staying true to its values. This podcast also includes a conversation with the founders of two innovative brands that focuses on how each landed placement in their dream retailers. Teresa Tsou, the co-founder of better-for-you snack brand Pipsnacks, and Andrew Suzuka, the founder of organic, vegetable-infused tomato sauce brand Otamot, discussed the key steps along their respective paths into Whole Foods and Sprouts.
See Jane Drink: Cannabis Bevs Find Female Following
Even as new products and brands continue to pop-up across regulated states, it’s the growing presence of women in the cannabis beverage category that has some seeing a bigger future.