Times may be uncertain, but that doesn’t stop entrepreneurs from hustling. Kristin Bareuther, managing director of First Beverage Ventures, and Jeff Hopmayer, managing partner of Nashville-based wine and spirits investment consultancy Brindiamo Group, shared their tips to navigating the current market.
Jones Soda Co. last month laid off nine employees and furloughed four others, including almost the entirety of its sales team, the company reported in its Q1 2020 earnings call on Thursday. Speaking to investors, interim CEO Jamie Colbourne said the layoffs were a result of financial constraints caused by the COVID-19 pandemic, but offered no further details.
Tattersall Distilling, Du Nord Craft Spirits and Brother Justus Whiskey Company, are collaborating with distributor Johnson Brothers and local grocers Lunds & Byerlys, Cub Foods, Hy-Vee and Kowalskis to donate more than 1 million meals to Second Harvest Heartland this May.
In this interview, BevNET managing editor Martin Caballero speaks with Jonathan Miller, general counsel for the U.S. Hemp Roundtable, to get an update on the group’s efforts to open a path for CBD to be recognized as a legal food and beverage additive by the Food and Drug Administration (FDA).
At a time when the world is shifting online, New York-based Owen’s Craft Mixers has secured an influential new digital partner: men’s lifestyle media company Barstool Sports.
Rabbit Hole is expanding its portfolio of spirits with “Bespoke Gin,” a London Dry Gin aged and finished in the brand’s award-winning “Boxergrail” Kentucky Straight Rye Whiskey barrels.
The massive, 32,000 square-foot multi-purpose facility was constructed from the ground-up with the primary goal of helping Ogden’s Own continue to scale the distillery’s growth fueled by massive regional popularity.
The food and beverage industry continues to step up and lend support to those in need during the COVID-19 pandemic. In this roundup, we highlight brands’ efforts to give back, including Loco Coffee’s “Pay It Forward” snack care package featuring Boston area food and beverage brands and Nutpods’ efforts to support nurses and local coffee shops during National Nurses Day.
Office Hours is returning on Tuesday, May 12 at 3 p.m. ET. Industry veterans Alan Murray and Brad Barnhorn will use examples derived from years of working with brands as board members and operators to offer advice on forecast planning, organizational strategy and leadership during the pandemic, while fielding questions from viewers at home.
Grain & Barrel Spirits has launched Chicken Cock Ryeteous Blonde, its newest limited-edition expression, in partnership with Goodwood Brewing based in Louisville, Kentucky.This marks the company’s second beer barrel finish collaboration with Goodwood.
Jamba Dunn, the founder and CEO of Rowdy Mermaid Kombucha discussed the duality of Rowdy Mermaid’s current trajectory and its long-term business strategy, the brand’s function-forward approach to formulation, why he was cautious about aligning with a private equity firm and how his role as CEO has changed over the years.
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Baltimore Spirits Company has announced the release of a new cask-strength batch of their flagship Epoch Rye whiskey. This marks the third cask-strength batch of Epoch Rye that has been produced to date and is available via contactless pickup at their distillery in the Union Collective as well as through their delivery service.
Monster Energy reported over $1 billion in sales during the first quarter of 2020, though the company is preparing for more difficult days ahead. Net sales rose 12.3% ($1.06 billion) over the same period last year, with gross sales up 13.4%.
