Liquid Death Closes $70M Raise As Water Brand Explores IPO
Liquid Death is being valued at $700 million after a $70 million Series D funding round backed by Science Inc, Whitney Cummings and others.
Expo East 2022: Lotta Love for Lattes; Smootch Touts ‘Oat Powered Hydration’
In our first dispatch from Natural Products Expo East 2022, we track the latest innovations in RTD lattes from brands like Nitro Beverage Co., Milkadamia and Waiakea, plus check in with oat-powered hydration startup Smootch.
BevNET 2022 Best Of Awards: Submit Your Nominations
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 returns to Santa Monica, CA on the first day of BevNET Live Winter 2022, taking place December 5 + 6. BevNET’s Best Of 2022 Awards, presented by Zuckerman Honickman, are currently open for nominations.
FIFCO USA to Launch Lipton Hard Iced Tea via PepsiCo’s Blue Cloud Distribution
PepsiCo and FIFCO USA have struck a licensing agreement to allow the latter to produce a hard iced tea using the Lipton brand, which will roll out next year through Pepsi’s Blue Cloud Distribution.
Taste Radio: The Best New Products And Brands We Saw At Expo East 2022 (So Far)
On location at Natural Products Expo East 2022, the hosts shared their respective takes on standout products and brands exhibited during the first two days of the annual trade show, which is being held at the Philadelphia Convention Center. The roundup highlights several brands that are using better-for-you, innovative and plant-based ingredients to disrupt legacy food and beverage categories.
Nosotros Tequila Expands Distribution with RNDC
Nosotros Tequila and Mezcal, one of the largest self-distributed brands in California, will now expand its reach through a distribution partnership with Republic National Distributing Company (RNDC) in California.
Monster Awarded $293M in False Advertising Suit Against Bang
A jury sided with Monster Energy Co. in its false advertising lawsuit against Bang producer Vital Pharmaceuticals (VPX) in California federal court this week, awarding the company nearly $293 million in damages.
Expo East 2022: Editors Share Quick Takes From Day 1
BevNET and NOSH editors Martin Caballero and Carol Ortenberg share their quick takeaways from the opening day of Expo East 2022.
Spirit Producers Advocate for Top Priorities at Capitol Hill
More than 200 distillers met virtually with lawmakers last week to address critical issues in the spirits industry, including asking legislators to ease direct-to-consumer shipping and the U.S. Alcohol and Tobacco Tax and Trade Bureau (TTB) for regulatory efficiencies.
Diageo Acquires Cold Brew Coffee Liqueur Brand Mr Black
Global spirits conglomerate Diageo has acquired premium cold brew coffee liqueur brand Mr Black, in which it previously held a minority stake, the company announced today. Terms of the deal were not disclosed.
PATH Closes $30M Series A Round, Projects Up To 300% Retail Expansion
Bottled water brand PATH has raised $30 million in a Series A funding round led by Altos Ventures aimed at expanding its nationwide distribution footprint and supporting a new East Coast manufacturing facility.
Topo Chico: Spirit-Based Offering Coming From Molson Coors in 2023
Molson Coors will launch a spirit-based version of Topo Chico in key markets, such as the southwest and southeast and parts of the Midwest.
Hemp-Derived THC Drinks Seek to Capture Curious Consumers in Conservative States
In states closed off to recreational cannabis, hemp-derived THC drinks are starting to make an impact with curious first-time consumers.
Caliwater Raises $2 Million ‘Strategic Round’ to Support National Expansion
Cactus water startup brand Caliwater has raised $2 million in a financing round backed by a slate of professional athletes, actors and musicians. The round, announced today, marks the brand’s second $2 million raise in as many years.