Celsius Holdings Inc. (Nasdaq: CELH), maker of the leading global fitness drink, CELSIUS, has announced that it completed the previously announced financial restructuring and acquisition of Func Food Group Oyj (“Func Food”) on October 25, 2019.
Neurohacker Collective, the human optimization company developing products designed to improve mental performance, longevity, and brain health, has launched Qualia Nootropic Energy Shot, its first liquid nootropic product designed to support brain energy levels leading to optimal mental and physical performance in high-demand situations such as work, school, social interactions, and the gym.
Despite lingering concerns about regulations, the wave of beverage innovation surrounding CBD showed no signs of slowing down this month. In this gallery, we took a look at new hemp-infused products from established cannabis companies like Cannabiniers and Mirth Provisions, startups such as Mad Tasty and Feelz, and new innovations from brands such as Kickback and Sweet Reason.
Essentia, the pioneer of ionized alkaline bottled water in the U.S., ended Q3 with $271 million in measured retail sales during the last 52 weeks.
The Seattle Seahawks and CenturyLink Field has announced a new partnership with Health-Ade Kombucha, a delicious, bubbly, probiotic-filled beverage stocking fridges around the country since 2012, to bring the brand to the team’s training facility and to CenturyLink Field on gamedays.
Phivida Holdings Inc. is pleased to announce that it has signed an agreement with Gotham Brands to handle sales, merchandising and distribution in New York City for its line of Oki beverages.
Waterloo Sparkling, the emerging water brand committed to big taste and bold flavor, is pleased to announce their continued expansion with the addition of 2,059 new retail locations, within the past quarter.
Based in Columbus, Ohio, W*nder is a line of sparkling waters containing 20 mg of CBD per 12 oz. can along, with various adaptogens and other functional ingredients. Though the sparkling water category has been a popular platform for upstart CBD brands founder Tanisha Robinson told BevNET that she intends to launch W*nder as a regional play in Ohio, where CBD beverages are still sparse.
Nova Scotia-based organic kombucha brand Cove Kombucha announced this week it has raised a $1.2 million seed round, which will be used to expand its team, produce new packaging and launch a CBD-infused variety in Canada.
Viridian Capital Advisors is pleased to announce that Mr. Tripp Keber has joined its advisory board. Mr. Keber is widely considered one of the most prominent business leaders in the cannabis industry.
Califia Farms, known for its innovative, plant-based beverages in distinctive, curvy bottles, has announced the launch of its products into participating 7-Eleven stores in four regions as a result of increased consumer demand for dairy free options.
In this episode, we sat down with Shilen Patel, the co-founder of Distill Ventures (DV), a U.K.-based venture capital firm and accelerator that invests in disruptive distilled spirit companies and non-alcoholic drink brands. Patel explained why he’s bullish about the future of low- and no-alcohol adult beverages, and why quality is of paramount importance to DV’s investment philosophy.
In this gallery, we take a look at some of the new whiskey releases from the past weeks and months, with highlights including Bardstown Bourbon's collaboration with Goodwood Brewing, the latest limited release from Freddie Noe and the newest expression from Glen Moray.
Seeking to expand its sales and marketing team, sparkling yerba mate drink maker CLEAN Cause announced today it has raised $7 million in a series A round. Speaking with BevNET, CLEAN Cause founder and CEO Wes Hurt said the round was entirely financed by private individuals from the Austin, Texas area, where the nearly five-year-old brand is based.
