Cannabis-infused social tonic brand Cann has closed a $27 million Series A funding round, the company announced today, setting the stage for expansion into Canada and bringing a crew of new celebrity investors into the fold.
The rumored tie up between Constellation Brands and energy drink maker Monster Beverage is progressing and a deal could be completed in the coming weeks, according to report from Bloomberg.
BARCODE, a functional hydration beverage brand founded by former NBA trainer Mubarak Malik, has closed a $2.2 million funding round with participation from Erewhon Market; also, BioSteel CEO John Celenza offers his insights on the brand's channel strategy.
When Boxed Water is Better, LLC launched its first line of sustainably packaged waters in 2009, it was a pioneer in its category. But there’s competition beyond store aisles: the company has waged a years-long effort to convince the USPTO to register the name “Boxed Water™” for sole use by the company.
Fly By Jing, Tea Drops and Golden Ratio were among the CPG names to feature in the top 25 fastest-rising D2C brands in Q4 2021, according to new research by Similarweb.
Functional drinks and seasonal offerings are abound in this week’s new beverage launches, including limited edition flavors from Aura Bora and nutpods, plant-based mushroom drinks from Lifeway and a new medical-grade meal replacement via Kate Farms.
The team discussed a variety of current topics, including the implications of a groundbreaking countertop appliance that will be able to create a near-infinite number of beverage types, how Expo West exhibitors can amplify their presence at the show, and whether a YouTube megastar can leverage his fame to sell chocolate bars, plus offered high praise for several new snacks and beverages.
Molecular spirits startup Endless West has pulled in another $60 million in funding to support the launch of its B2B platform, Blank Collective.
French spirits conglomerate Pernod Ricard saw global sales surge by double digits in the first half of fiscal year 2022, with organic growth up 17%, thanks to the strength of the U.S. dollar and the Chinese yuan, according to the company’s latest earnings report released today.
Rising costs and inflation pressures have softened PepsiCo’s full-year guidance for 2022 below analysts’ predictions, even as the company beat revenue expectations in its Q4 2021 earnings report, released this morning.
A rebound in the away-from-home business helped The Coca-Cola Company to beat analysts’ revenue projections for Q4 2021, even as lingering supply chain questions means an asynchronous recovery.
The U.K.-based sparkling water company had shuttered its business in Great Britain last year in order to focus on growing in the U.S., but the brand’s website is no longer accepting orders at this time.
Non-alcoholic beverage sales remained elevated and saw modest acceleration on a one-year basis, with sales up 10.3% in the two-week period ending January 29, according to an analysis of NielsenIQ data by Goldman Sachs Equity Research.
Nestlé’s San Pellegrino is making a new marketing push by signing actor Stanley Tucci to a multi-year contract as its new ambassador and the star of an ad campaign kicking off this fall.
