Keurig Dr Pepper (KDP) has upped its projections for full year net sales growth to 4-6% after reporting an 11% increase in net sales during Q1 2021, the company announced this morning.

U.S. Senators Tammy Baldwin (D-WI) and Jim Risch (R-ID) last week reintroduced bipartisan legislation that would ban plant-based dairy alternative products from using dairy-related terms on their labels.

Yerba mate brand Guayaki has named former Red Bull North America CEO Stefan Kozak as its new chief executive officer.

White Claw Hard Seltzer and Mike’s Hard Lemonade maker Mark Anthony Brands has filed a lawsuit against Vital Pharmaceuticals, Inc. and Bang Energy LLC alleging copyright infringement in U.S. District Court in the Southern District of New York.

In a move that signals that the company is considering a variety of financial options including a potential acquisition or IPO, Kitu Life Super Coffee announced today that it has hired former Whole Foods finance VP Rosanna Godden as CFO and board secretary.

Yesterday CPG conglomerate Unilever announced it would acquire Onnit, a producer of food, beverage and supplement products designed for fitness-focused consumers. Terms of the deal were not disclosed but Unilever stated the brand will maintain its Austin headquarters and continue to be led by CEO Jason Havey.

After a two-year hiatus from launching new products, Texas-based brand Picnik is charting a path forward in retail and online beyond its roots in “butter coffee” with the release of Vanilla Oat + Collagen Adaptogen Creamer. The new addition is the brand’s first SKU with flavor, founder Naomi Seifter noted, which leans more into the brand’s message to “Make Your Morning Count.”

With a growing portfolio of natural products companies, New York-based investment firm Room 9 announced its first lead investment last week, participating in Madre Mezcal’s $3 million Series A round. Room 9 Creative + Venture is a venture capital investment firm and branding design house founded by managing partner Anish Bhatia.

Seeking to broaden its consumer base beyond coconut fans, Genius Juice announced this week a brand refresh that places more emphasis on distinct flavors and plant-based functionality; Ascent Recovery Water has partnered with four new retail chains in the Midwest and Northeast, the company announced this week.

Developed by a former New York Knicks trainer and backed by Los Angeles Lakers star Kyle Kuzma, Barcode is a new plant-based sports drink launching online this week.