News

Taste Radio: 60 Startups. $7 Million. How Ignite20 Is Funding The Future Of CPG.

Ignite20 isn’t just cutting checks. The new $7 million venture capital fund and hybrid accelerator is lighting a fire under the next wave of CPG innovators. Gabriela Morales, Ignite20’s co-founder and managing director, talks about how the fund is rethinking early-stage investing.

Levia Seltzer Co-Founder to Lead New Infused Bev Firm

Levia Seltzer co-founder Troy Brosnan is joining Rhode Island-based cannabis and hemp processor Monarch Emulsions to launch Monarch Beverage, a vertically integrated turnkey service provider.

Sweet Deal: No Cap! Partners With Candy Maker Albanese

Upstart soda brand No Cap has signed an exclusive licensing agreement with family-owned candy maker Albanese Confectionary Group to bring that company’s popular gummy flavors to its lineup of zero-sugar modern sodas.

Molson Coors CEO Gavin Hattersley to Retire

Molson Coors announced today that Hattersley informed the board of directors on Saturday (April 12) of his plans to retire as CEO and abdicate his board seat, effective December 31.

New Products: ITO EN Gets with Ohtani and Poppi’s Alpine Extension

The weather is warming up and innovation is heating up. This week’s new products feature a bevy of coffee innovations from Bones, Pop & Bottle, Community Coffee and Trade, as well as citrus soda launches from Mountain Dew and Poppi, and an All-Star collaboration between ITO EN and L.A. Dodgers phenom Shohei Ohtani.

Taste Radio: The M&A Train Keeps Rolling. And, How ‘Jovi’s Hampton Water Got Hot.

Is 2025 the year of the acquisition? The hosts highlight two more headline-grabbing deals announced over the past week: Hershey’s $750M purchase of BFY snack maker LesserEvil and the sale of watermelon water brand Mela to King Juice. We also speak with Jesse Bongiovi, who alongside rockstar father Jon Bon Jovi co-founded Hampton Water Wine, a rosé brand that’s taken the industry by storm.