GURU is focusing on making a return to profitability as it faced net revenue declines in its Q3 2024 earnings report this week. The Canadian energy drink brand reported net revenue of CAD$7.9 million in the quarter, down from CAD$8.9 million in the same period last year.
It’s another drag for canna-brands. The hosts discuss an emergency regulation in California that would remove food and beverage brands containing hemp-derived THC from stores in the state. They also wonder about the runway for a trendy flavor and highlight several new and unusual products.
After a lackluster adoption in the early 2020s, a second wave of CBD-infused hydration and sports drinks is building a new consumer base alongside the successful adoption of low-dose, hemp-derived cannabis beverages.
The plant-based beverage market, while seeing a slight plateau in overall consumer adoption, is rapidly evolving through product innovation and the emergence of niche categories.
We talked with Meghan Ireland, WhistlePig’s chief blender, about how the company culture fosters experimentation, where she finds inspiration, and even what opportunities Dry January brings. Answers have been lightly edited for clarity and length.
Since its 2022 speedrun from concept to launch in the wake of Honest Tea’s demise, Just Ice Tea has often measured its successes against its predecessor’s 24-year-long lifespan. And that is still the benchmark for Seth Goldman as Just establishes itself as the number two RTD tea in the natural channel.
Molson Coors chief commercial officer Michelle St. Jacques laid out the company’s 2025 strategy in the U.S. as part of its “next chapter” as she opened the 2024 distributor convention in San Antonio Tuesday afternoon.
BevNET’s annual “Best Of” Awards commend companies, brands, individuals, products, ideas and trends from across the ever-changing beverage industry landscape. The highly-anticipated awards show will take place in Marina del Rey, CA on the first day of BevNET Live Winter 2024, taking place December 8-10, 2024.
If you’re a tennis fan – or maybe just a TikTok fan – you’ve likely heard of the U.S. Open’s signature cocktail, the Honey Deuce. Its been the tournament's staple for over two decades, but has found its moment in the sun thanks to Grey Goose’s continued marketing push finally clicking in as tennis’s popularity reaches new heights.
Watch founders and CEOs introduce their brands and provide a recap of recent news and updates. This week's special co-host is Maxine Kozler Koven, the co-managing director of LDR Ventures, who shared her thoughts, questions and feedback with the participants.
Hemp-derived cannabis companies face an uncertain path forward as they navigate an increasingly difficult climate for retail distribution as states like California restrict what can be sold and where.
Today, Amazon announced the launch of a new brand, Amazon Saver, to bulk up its private label department; the value-focused grocery brand will be available both in Amazon Fresh stores and online.
The SEC has charged Keurig Dr Pepper (KDP) $1.5 million for making inaccurate statements about the recyclability of K-Cups after finding that two of the largest recycling companies in the country had “significant concerns” about processing those tiny plastic pods.
Bev-Alc marketplace Flaviar has acquired industry fulfillment service provider, Speakeasy Co., bolstering its B2B capabilities as it aims to become a multi-billion-dollar global bev-alc e-commerce player. Terms of the cash and stock deal were not disclosed.
