President Donald Trump issued an executive order on Thursday directing the U.S. Attorney General to move cannabis from a Schedule I to Schedule III controlled substance, marking a watershed moment in the history of U.S. marijuana policy and a significant step forward for the nascent THC-infused beverage industry.
In recent distribution news, energy drink makers are capitalizing on demand in convenience, conventional grocery and airport channels.
Rising Chinese coffee giant Luckin Coffee is reportedly interested in a potential acquisition of Blue Bottle Coffee, according to a report in Bloomberg this week.
Nutrabolt, the parent company of C4 Energy and Bloom, has named Jason Cantelli as Chief Commercial Officer, overseeing strategy including the company’s DSD performance and key account relationships.
The family-owned Japanese company has been in operation for over a century, yet its goal to become a major player in U.S. beverages is only beginning.
This week's review roundup sees two very different takes on teas: freshly brewed (Wizzie's) and freshly buzzed (Uncle Arnie's).
The next evolution in adult non-alc (ANA) will require brands to find new occasions, invest in retail strategy, and create forward-thinking flavor profiles.
At BevNET Live Winter, three brand founders and previous New Beverage Showdown champions discussed strategizing for the next stage of growth.
PepsiCo and Walmart are facing a new proposed consumer antitrust class action this week, following the unsealing of a dismissed Federal Trade Commission (FTC) lawsuit against the company that alleged Pepsi gave Walmart exclusive discounts.
PepsiCo’s leadership structure is getting a year-end refresh with a string of organizational changes announced Wednesday morning. PepsiCo North America CEO Steven Williams has been appointed EVP and Vice Chairman, Global Chief Commercial Officer and Corporate Affairs.
Mark Anthony Brands founder and chairman Anthony von Mandl will step down as CEO and has appointed vice chairman Phil Rosse to succeed him, according to a memo shared with distributors.
We are proud to present the winners of BevNET’s 2025 Best Spirits Awards, a group that is reshaping and reimagining consumers’ experiences with alcohol and its zero-proof alternatives with thoughtfulness, vision and creativity.
Penn.-based contract manufacturer Lion Beverages, LLC has closed a $150 million investment as it prepares to expand capacity in the new year. The round was led by Apogem Capital and included additional funding by J.P. Morgan Asset Management, RCP Advisors and Montana Capital Partners.
Female-focused energy drink Gorgie welcomed influencer and "Dancing With the Stars" runner-up Alix Earle as a strategic investor today, bringing her 10 million-plus social media followers along.
