Molson Coors Beverage Company is deepening its relationship with Quebec-based cannabis company HEXO, today announcing the launch of a new joint venture to produce non-alcoholic CBD-infused beverages in Colorado.
US-based CBD brand CBD Living has announced the global launch of their brand-new product, CBD Living Sparkling Water.
The seventh round of food and beverage brands includes PathWater, The Snack Brigade, Ficks Beverage Co. and Mason Dixie Foods. We also have a special co-host this week, Patrick Schwarzenegger, who invests in and advises emerging food and beverage brands. He'll weigh in on the brands from an investor's perspective and provide feedback.
Tempo, a leader in better-for-you functional beverages, announced that the brand’s new CBD-infused sparkling matcha beverages are now available for online purchase nationwide.
CBD-infused beverage maker Cloud Water had been preparing to make a broad retail expansion this year, aided by a new partnership with New York DSD distributor Big Geyser. But as the COVID-19 pandemic has slowed expansion in traditional retail channels, the company is adjusting its strategy in the hope that it can still hit triple-digit growth goals.
Kate Farms, a California-based maker of medical grade meal replacement drinks, has raised $23 million in a Series A-1 funding round, the company announced this week, bringing its total financing to $48 million. According to chairman and CEO Brett Matthews, the round will primarily go towards scaling company operations and increasing sales and marketing efforts.
CocoVinny Zaldivar, CEO and Chief Coconut at CocoTaps LLC, announced today the acquisition of Robotic Beverage Technologies Inc (ROBO BEV) to accelerate the development of the Coco Tapomatic product launching late 2020.
Ready-to-drink coffee brand FORTO has restructured its sales team and eliminated 10 regional management positions within its direct store delivery (DSD) division, BevNET learned this week.
Trey Zoeller, founder of pioneering whiskey brand Jefferson’s Bourbon, spoke about overcoming initial criticism of his experimental methods for aging bourbon, why he doesn’t consider himself a distiller, balancing consumer demand for diversity, consistency and predictability and why he’ll “never create a brand or an expression out of a boardroom.”
Plant-based beverage brand Koia has completed a bridge funding round with investment platform CircleUp Growth Partners that could possibly represent “the last money into the company,” according to CEO Chris Hunter. Details of the transaction were not disclosed.
Seeking a point of differentiation in the crowded cold brew coffee set, Boston-based Back Bay Roasters is shifting its focus from its single-serve line to its bag-in-box format, beginning with a rollout to 200 Walmart stores on the East Coast next month. The move comes as a number of rising cold brew startups have embraced multiserve packaging.
WellWell (drinkwellwell.com), a plant-based beverage brand, has launched a newly redesigned website, setting the stage for new product launches and direct-to-consumer growth in 2020 and beyond.
The Partners at In:trench Consulting Group are pleased to announce Darin Spence as their newest partner, effective April 9, 2020.
BevNET managing editor Martin Caballero sat down with Greg Steltenpohl, co-founder and CEO of Califia Farms, on a video call to discuss his thoughts on how both investors and brands may be considering the current and post-COVID market landscape.
