Underscoring the momentum behind the nascent cannabis beverage category, San Francisco-based startup K-Zen Beverages yesterday announced it has secured $5 million in seed funding from venture capital group DCM prior to its projected launch this summer.
Jack Doheny is the co-founder of Bold Brew Coffee, a brand that aims to fuel active lifestyle consumers with organic coffee drinks. The company produces classic cold brew, nitro cold brew, and oat milk lattes in cans.
Seeking to help kombucha brands deliver a consistently non-alcoholic product, Bare Bucha and Stout Tanks have partnered to create new technology they say will not only cut fermentation time in half, but also keep alcohol levels below the 0.5% ABV legal threshold without pasteurization, dilution, or microfiltration.
As part of a wide-ranging interview, Mamma Chia founder/CEO Janie Hoffman spoke about the origins of her brand and how she created a foundation for its rapid ascent. She also discussed a painful lesson about hiring for experience versus cultural fit, explained her belief that “you can’t teach attitude” and why everyday happiness starts with a joyful spirit.
Having reviewed the data and discussed the conclusions, here are our three biggest takeaways from SPINS’s kombucha market performance analysis, as presented by Bobbi Leahy, Director of Sales at market research group SPINS, during Kombucha Brewers International's (KBI) KombuchaKon 2019 on April 19 in Long Beach, Calif.
The NBA’s Philadelphia 76ers have welcomed Hydrant, a hydration powder mix, into its Innovation Lab, Forbes reported. The team’s incubator also helped Hydrant close a $2 million investment round.
A trio of executives from investment and advisory firm First Beverage Group joined us for a discussion about its portfolio and investment philosophy and how they evaluate synergies with entrepreneurial brands. They also discussed which categories might be best suited to weather a potential downturn, and why CBD is not the only cannabis-based ingredient that’s caught their attention.
Red Bull North America this week announced it would terminate distribution contracts with three Massachusetts beer and non-alcoholic beverage wholesalers in June, as it transitions to a self-distribution model for off-premise accounts.
Monster Beverage Corp. beat analysts’ expectations during the first quarter of 2019, reporting strong sales growth despite facing increased competition in the energy category. Net sales for the company in the first quarter were $946 million, up 11.2% from $850.9 million in 2018, according to financial results released yesterday.
In this slideshow gallery, we highlight a handful of the notable debuts across liquor categories, including the launch of Roe & Co., a premium Irish whiskey, and flavored vodkas from Stoli, Effen and Ciroc.
The Food and Drug Administration (FDA) issued new draft guidance last week for allulose, stating it intends to allow manufacturers to exclude the low-calorie sweetener from total and added sugars on Nutrition Facts labels, marking the first time a sweetener will be exempt from the total or added sugars list.
Canada’s oldest and largest independent brewery is getting into the cannabis business. Moosehead Breweries Limited and Sproutly Canada, which aims to become the leading supplier of water-soluble cannabis solutions, yesterday announced their intent to form an exclusive joint venture that will develop, produce and market cannabis-infused beverages.
Betting that one of its top regional spring water brands can make an impact on a national level, Nestlé Waters North America is launching Poland Spring ORIGIN as a premium-positioned sub-line.
Som Sleep adds nearly 2,000 Walmart stores; Riff Cold Brewed partners with UNFI to grow in San Francisco; Mother Kombucha adds Florida area Whole Foods; Phivida launches ecommerce for Oki line; CHERRiSH expands distribution into Texas and New Mexico
