Botanical products manufacturer AMASS has made its first acquisition, purchasing the operating assets of direct-to-consumer wine subscription platform Winc, in an effort to expand its alcohol business beyond spirits and hard seltzer.
Late last year, CPG brand builder Mercenary acquired StrikePoint CPG Accelerator with the aim of creating a next-gen consumer goods accelerator that can develop, scale and commercial brands across a range of natural and better-for-you categories. Led by new venture partner Joey Murray, the $20 million Mercenary Ventures fund will cut checks from $10,000 to $250,000 to pre-revenue and seed-stage brands – including California-based iced tea maker HALFDAY – over the next three years.
Spirited Hive, a leading producer of ready-to-drink canned cocktails, is pleased to announce that they have raised $3.5 million in a recent funding round.
Felene Inc, the Colorado-based maker of award-winning felənē American Handcrafted Vodka (organic sugarcane-based vodka) and felənē Flavors, flavored vodka today announced expansion into the Texas market. Adding to their top-down market strategy, the debut in Texas marks the fifth major market for Felene Inc.
Logan Misuraca announces she will be racing in the 2023 ARCA Menards Series, driving the No. 63 Spraker/PCW Racing CELSIUS Essential Energy Chevrolet at superspeedways Daytona and Talladega.
Reboot Beverages releases Pʌkfutən Vodka (e.g. puck futin), an American made vodka to support Ukraine. Reboot is partnering with DC area NGO, United Help Ukraine, and will be donating their profits from the sale of the vodka to humanitarian and mental health efforts related to the war in Ukraine.
The next beneficiary of Fast Penny Spirits’ quarterly giveback program will be SMASH, Musicians Access to Sustainable Healthcare. The Seattle-based maker of Amaricano and Amaricano Bianca will donate 3% of all bottle sales to the non-profit from the first quarter of 2023.
Boxed Water Is Better– the most renewable packaged water alternative to plastic bottles and aluminum cans – received CarbonNeutral product certification from Climate Impact Partners, specialists in carbon market solutions for climate action.
With continuous investments in distribution and brand development, Costa expanded its reach into several new territories including Arizona, Nebraska, Colorado and Georgia. Additionally, total points of distribution increased more than 600%, with nearly 2,700 retail placements in 2022.
Island Oasis, the leader in premium natural beverage mixes, is pleased to announce the release of Island Oasis Sangria.
ICONIC Spirits, a division of The Brand House Group and leading producer of super-premium Japanese artisanal spirits, announces the US debut of its newest luxury innovations, TEITESSA single-grain Japanese whisky and AWAYUKI Japanese Strawberry Gin.
Lobos 1707 Tequila and Mezcal, the ultra-premium agave spirit brand launched in 2020 by Founder and Chief Creative Officer Diego Osorio, with CEO and brand-builder Dia Simms and legendary athlete and cultural icon LeBron James, is now available in Dubai – the first time it will be available outside North America.
STōK Cold Brew, one of the largest and fastest growing cold brew coffee brands, and the fastest growing brand with Millennials in 2022**, has announced a NEW Espresso Blend Cold Brew, hitting shelves now.
AMASS Brands, a rapidly growing omni-channel creator of botanically focused beverages and spirits, announced the purchase of operating assets from WINC, a leading portfolio of wine brands.
