WellWell Closes $3.9M Series A Funding Round
Plant-based functional beverage maker WellWell has closed a $3.9 million Series A funding round led by Sweat Equities, the company announced on Tuesday.
News
Dairy Giant Dean Foods Files for Bankruptcy
The dairy producer announced today it will use the bankruptcy process to “protect and support” ongoing business operations and address debt and pension obligations. Dean Foods has secured $850 million in debtor-in-possession financing from existing lenders to support continued operations ahead of an eventual sale.
Tropical Distillers Announces Launch of J.F. Haden’s Mango Liqueur
Florida-based company, Tropical Distillers is thrilled to announce the official launch of J.F. Haden’s Mango Liqueur, the first spirit to market from their brand portfolio this month.
Good Culture Launches Wellness Probiotic Gut Shots
Good Culture, the brand that has revolutionized the dairy aisle with its clean label cottage cheese and probiotic sour cream, has announced the launch of its Wellness Probiotic Gut Shots.
REBBL Releases Impact Report, Announces Conversion to 100 Percent Post-Consumer Recycled Bottles in 2020
Functional plant-based beverage brand REBBL has announced the release of its inaugural Impact Report, highlighting the company's journey in social and environmental impact work - both the milestones, along with the inevitable challenges.
Taste Radio Ep. 188: Veggie Grill Co-Founder: There’s A Highly Effective Way To Get What You Want
T.K. Pillan, the co-founder of vegan restaurant chain Veggie Grill, discussed his transition from tech to food and the “light bulbs” that led to the creation of the company. He also discussed why it’s critical for co-founders to be aligned on vision and values, what it means to be “a good investor” and the evolution of plant-based food brands.
Drink Nutrient Launches New Drink Mix Line
Functional beverage company Drink Nutrient has launched a new beverage product line aimed to make your drinks work for you by providing your daily 13 essential vitamins in an easy-to-drink single-serve stick pack.
Basis Adds 90 Premium Safeway Stores Across Colorado
Clean hydration beverage, Basis announced this week that it is adding 90 premium Safeway stores across Colorado, bringing the company's total grocery channel footprint to over 200 stores.
People Moves: OWYN Names Mark Olivieri President
OWYN Names Mark Olivieri President; Sweet Reasons Brings On Industry Vets; American Beverage Association Announces New Board Members; New Age Names Julie Garlikov as CMO; Rob Paladino Joins Sol-ti as President; David Kroll Exits COCO5
Canadian Club Launches Canadian Club 42 Year Old in the U.S.
Canadian Club, an iconic whisky that has propelled the Canadian whisky category to fame for more than 150 years, is proud to announce the second release within the CC Chronicles/MC premium release series: Canadian Club 42 Year Old.
St. Elder Artisanal Liqueur Expands Line with Pamplemousse and Blood Orange Expressions
M.S. Walker has announced the introduction of two new expressions to its St. Elder line of artisanal liqueurs. St. Elder Pamplemousse Artisanal Liqueur and St. Elder Blood Orange Artisanal Liqueur are currently rolling out throughout the United States.
Celsius: Domestic Growth Fuel Revenue Gains in Q3
Fitness energy drink brand Celsius saw domestic growth boost overall revenue 23% during the third quarter, according to financial results released by the company last week.
Baltimore Spirits Company Adds New Spirit to Limited Edition Singularities Line
Baltimore Spirits Company (BSC) has announced the release of a new addition to their line of one-time-only E.B. Smith’s Singularities liquors. Titled simply Singularity #4, the new spirit is a smoked pommeau - another first for the local craft distillery - and will be officially released November 9 during the All Things Apple Festival at Medfield’s Union Collective, which houses their production facility.
Penelope Bourbon Announces Partnership with Castle & Key Distillery
Award-winning bourbon whiskey brand, Penelope Bourbon, has announced its partnership with Kentucky-based Castle & Key Distillery. Starting fall 2019, all Penelope bourbons will be aged, blended and bottled at Castle & Key’s world-famous distillery.