News

Spindrift Raises $29.8M in Funding Round

Premium sparkling water maker Spindrift has raised $29.8 million in a new funding round, its largest single round to date, according to a filing with the U.S. Securities and Exchange Commission (SEC) this week. The new round brings the Massachusetts-based company’s total financing to at least $70 million and is the first new funding the brand has received since a $20 million Series B round led by VMG Partners in 2018.

FDA Still Unclear on CBD Safety

In a report submitted yesterday to Congress (a week past its due date) FDA commissioner Stephen Hahn noted the agency still lacks enough evidence to say CBD ‘can’t hurt.’ While the report notes the FDA is “actively considering potential pathways for certain CBD products to be marketed as dietary supplements,” the agency is still seeking more scientific evidence — especially to support CBD’s safety in food.

Revive Kombucha to Release Soda Pop Series

Revive Kombucha is set to release the Revive Soda Pop Series this summer, featuring three new traditional kombucha brews; Cherry Cola, Root Beer, and Orange Soda.

Taste Radio Insider Ep. 75: When Building A Brand Means Creating A New Category

William Siff, founder and CEO of Goldthread, discussed why building the plant-based tonic brand was akin to “inventing a category,” effective methods for driving consumer education and brand awareness, defining metrics for success and how the company incorporates ingredient trends into its innovation strategy.

Farmhouse Culture Launches Single Serve Gut Shots

A shot to the gut sounds painful, but the Gut Shot we're referring to feels fantastic as it rebalances the digestive system through probiotics from real food. It knocks out the need for lab-based probiotic supplements and replaces them with a single shot of natural probiotics from organic fermented vegetables.

Steeped Coffee Exhibits Single-Serve Products at Specialty Coffee Expo

Steeped Coffee, Inc., winner of the Specialty Coffee Association’s 2019 Best New Product award for Innovative Packaging, will again showcase its environmentally friendly, single-serve Steeped Brewing Method at the 2020 SCA Specialty Coffee Expo, April 23-26 in Portland, OR.

BevNET and NOSH Announce Elevator Talk Livestream: Share Your Expo West News

Are you a founder or entrepreneur with a new brand premiere, package refresh, new product or line extension that was supposed to be announced at Expo West 2020 this week? We want to hear from you! Sign up now to take part in our Elevator Talk Livestream on Tuesday, March 10 at 3PM ET. It is free to participate and interviews will be conducted remotely.