News

Adapt Brands Launches Hemp-Infused Superfood Beverage

Adapt Brands, a Santa-Monica based health and wellness company specializing in CBD supplements, is launching a new line of superfood infused coconut waters called Adapt SuperWater.

Jennifer Cue Steps Down as Jones Soda CEO

Jones Soda Co. CEO Jennifer Cue has stepped down from her position, the company announced in a press release this morning. Jamie Colbourne has been named interim CEO.

Taste Radio Ep. 208: The One Word That Helped Build A $34 Million Brand

Bantam Bagels co-founders Nick & Elyse Oleksek spoke about their transition from Wall Street analysts to bagel entrepreneurs, why they’ve said “yes” to everything and why effective cold-emailing works. They also explained why investing in PR has been crucial to the brand’s success and how they assessed opportunities to scale the brand.

KEEL Vodka Launches Campaign to “Lift Your Spirits” and Support the Hospitality Industry

Nearly two weeks ago, just as the first wave of restaurants were closing across the country, KEEL Vodka co-founder and CEO Bill Dessel, together with business partner and three-time Super Bowl champion Matt Light, launched a fundraising initiative known as the “Lift Your Spirits Challenge” to support the National Restaurant Association Educational Foundation's Employee Relief Fund (NRAEF).

Drake’s Organic Spirits Plans to Donate Up to 1 Million Ounces of Hand Sanitizer

Drake’s Organic Spirits announced today that it anticipates donating up to one million ounces of hand sanitizer to medical facilities, law enforcement personnel, EMTs and other first responders who answer emergency calls and place themselves in harm’s way. The sanitizer will help provide critical protection against the coronavirus crisis that has crippled the country and the world.

Hope Springs Distillery Produces Hand Sanitizer, Donates Bottles to Police

Hope Springs Distillery, a small batch vodka and gin brand with a tasting room in Lilburn, Georgia, has temporarily transitioned production to hand sanitizer amid the coronavirus pandemic. Married founders Betsey Dahlberg and Paul Allen have donated 30 bottles to the Lilburn Police Department and plan to continue providing them with bottles as needed. Additionally, the distillery will provide 1910 Public House, a nearby restaurant, with bottles to sell along with to-go orders.  

SBA Issues Guidance on Affiliation Rules, Uncertainty Remains

After a week when companies, investment firms and trade groups sought clarity as to whether venture-backed companies can receive loans via the newly issued Paycheck Protection Program (PPP), the Small Business Association (SBA) issued further details on Friday. However, while the document does provide some clarification, many questions still remain unanswered.

Court Approves Sale of Dean Foods Assets, Including $433M DFA Deal

A U.S. bankruptcy court approved last week the sale of all assets of dairy conglomerate Dean Foods, including a $433 million acquisition of properties by national cooperative Dairy Farmers of America (DFA). The decision comes roughly five months after Dean, at the time the largest dairy producer in the country, filed for Chapter 11 bankruptcy protection.