Taste Radio: Embrace Waste. Imperfect Foods Built A Unicorn Out Of It. Taste Radio: Embrace Waste. Imperfect Foods Built A Unicorn Out Of It.

Taste Radio: Embrace Waste. Imperfect Foods Built A Unicorn Out Of It.

by BevNET.com Staff,

This week we’re joined by Benjamin Chesler, the co-founder of Imperfect Foods, a pioneering online grocery service that specializes in selling produce and surplus food that would otherwise be discarded. Chesler discussed Imperfect’s roots and mission to reduce food waste on a massive scale, the process for incorporating branded items into its product selection and how the company communicates quality as a seller of “imperfect” food.

Review: Bambucha Review: Bambucha

Review: Bambucha

by BevNET.com Staff,

Bambucha is a line of “chef crafted” raw kombucha beverages that are brewed in San Diego, CA. The products are packaged in 12 ounce cans, are USDA Organic certified and contain live kombucha cultures.

Boston Beer and PepsiCo Partner to Create ‘HARD MTN DEW’ Boston Beer and PepsiCo Partner to Create ‘HARD MTN DEW’

Boston Beer and PepsiCo Partner to Create ‘HARD MTN DEW’

by Jessica Infante and Zoe Licata,

Launching in the U.S. in early 2022, the 5% ABV flavored malt beverage will be developed and produced by Boston Beer, while PepsiCo has set up a new entity to sell, deliver, and merchandise the product, according to a press release.

Supercharge: Growth and Scale Virtual Event, Sept. 9 Supercharge: Growth and Scale Virtual Event, Sept. 9

Supercharge: Growth and Scale Virtual Event, Sept. 9

by BevNET.com Staff,

As part of our Supercharge virtual events series, BevNET and NOSH are going inside the hype to try to help brands understand the methodologies of scale and growth, particularly in the evolving omnichannel environment. On September 9th we’ll explore the costs of growth -- both from a cash and staffing standpoint, as well as ways that brands can know they’re ready to begin investing in that growth.

Super Coffee Closes $106M Series C Round Super Coffee Closes $106M Series C Round

Super Coffee Closes $106M Series C Round

by Martín Caballero,

Super Coffee has closed a $106 million Series C fundraising round, the company confirmed today. The round was led by Maryland-based venture group Durable Capital Partners and included participation by beverage industry veteran Clayton Christopher and former Peet’s Coffee CEO Dave Burwick, as well as another tranche from Anheuser-Busch InBev (AB InBev).

Judge Rules in Favor of Monster in VPX Trade Dress Lawsuit Judge Rules in Favor of Monster in VPX Trade Dress Lawsuit

Judge Rules in Favor of Monster in VPX Trade Dress Lawsuit

by Brad Avery,

A federal judge in Florida ruled this week that Monster Energy Corp. did not violate the trade dress of Bang Energy when it launched performance energy brand Reign Total Body Fuel in 2019, putting a cap on one branch of the ongoing legal feud between Monster and Bang manufacturer Vital Pharmaceuticals (VPX).

Monster: Q2 Results Outperform Despite Major Supply Disruptions Monster: Q2 Results Outperform Despite Major Supply Disruptions

Monster: Q2 Results Outperform Despite Major Supply Disruptions

by Brad Avery,

Despite pandemic headwinds, can shortages and supply chain disruptions, Monster Energy Corp. saw net sales rise 33.6% to $1.46 billion in Q2, according to an earnings report this week. Second quarter net income rose 29.7% to $403.8 million and net income per diluted share was up 28.6% to $0.75 per share.

New Leadership, Products Fueling Keef Brands ‘Second Inning’ New Leadership, Products Fueling Keef Brands ‘Second Inning’

New Leadership, Products Fueling Keef Brands ‘Second Inning’

by Brad Avery,

At 11 years in business, Colorado-based Keef Brands is already a veteran of the nascent cannabis beverage category. As the company has grown alongside the recreational marijuana industry, it’s now preparing to begin its next act as an international brand driving the growth of THC beverages through innovation and expansion.

Lifeway Foods Acquires Local Dairy Company To Expand West Coast Presence Lifeway Foods Acquires Local Dairy Company To Expand West Coast Presence

Lifeway Foods Acquires Local Dairy Company To Expand West Coast Presence

by Adrianne DeLuca,

Having long been interested in an acquisition, kefir company Lifeway Foods announced it has reached an agreement to purchase California-based GlenOaks Farms Inc. Lifeway CEO Julie Smolyansky said the move comes after the company proved its resilience in the face of the pandemic while also aligning with the strategy for Lifeway’s 2.0 growth plan. Lifeway is expected to purchase the company for $5.8 million in cash by the end of August 2021.

People Moves: Tractor Beverage Co. Reorganizes Exec Team People Moves: Tractor Beverage Co. Reorganizes Exec Team

People Moves: Tractor Beverage Co. Reorganizes Exec Team

by Adrianne DeLuca and Martín Caballero,

In this week's People Moves: Tractor Beverage Co. announced it has repositioned key figures within its executive team, cannabis beverage maker purejuana announced the appointment of Paulo Sobral as Sales Leader, Bert Naverrete joined ZX Ventures as General Partner, Head of Growth Equity Fund and Basemakers brings Faithe Rayns on as Chief Operating Officer.

Cocktail Showdown 1: Meet The Players Cocktail Showdown 1: Meet The Players

Cocktail Showdown 1: Meet The Players

by BevNET.com Staff,

It’s time to reveal the contestants and judges for BevNET’s inaugural Cocktail Showdown, a pitch competition that will feature 10 of the most innovative and disruptive brands in the rapidly emerging category of spirit-based ready-to-drink and ready-to-pour cocktails.

Gallery: July’s Latest RTD Cocktails Gallery: July’s Latest RTD Cocktails

Gallery: July’s Latest RTD Cocktails

by BevNET.com Staff,

The ready-to-drink category continues to expand with line extensions from brands such as Barbox and Avana and debuts into the category from distilleries including Tom’s Town and Midnight Moon. Check out the gallery for the latest tequila-infused cocktails, notable cocktailer collaborations and brand debuts.