See Jane Drink: Cannabis Bevs Find Female Following
Even as new products and brands continue to pop-up across regulated states, it’s the growing presence of women in the cannabis beverage category that has some seeing a bigger future.
Hollywood Hydration: Liquid Death, FIJI Launch Cinematic Marketing Campaigns
America is going back to the movies, and so are brands. This week, two bottled water companies are making cinematic debuts with new marketing campaigns, each using the movies to drive home brand stories about sustainability. Liquid Death stars in Dead Till Death and FIJI Water gets a new score from Hans Zimmer.
Review: Pop & Bottle Almond Lattes
Pop & Bottle’s Almond Lattes are a line of USDA Organic almond milk-based beverages. The products, which are packaged in 11 ounce plastic bottles, feature a clean list of ingredients, are free of refined sugar, and contain caffeine for an immediate pick-me-up.
Distribution Roundup: Better Booch Debuts at Walmart; GNGR Expands in Northeast
California-based Better Booch is seeking to drive that momentum behind a push into conventional retailers, including Walmart. Elsewhere, GNGR Labs partners with Dora's Naturals to expand within New York City and beyond.
Review: Confidence
Confidence is a new functional beverage that contains a cocktail of B vitamins, GABA, rhodiola, ginseng, magnesium, and 5-HTP. The formulation, which includes adaptogens and nootropics, is being offered in a single zero-calorie and sugar-free formulation that is packaged in 7.5 ounce can.
Spirits Gallery: New Limited Releases From Anteel, Bacardi, Sipsmith And More
Spirits producers released a range of pride-focused, patriotic and citrus-infused products this month in addition to a variety of innovative bourbons from brands such as TX Whiskey, Yellow Rose Distillery and Watershed. Check out the gallery for the latest new releases, limited-edition spirits and brand relaunches.
BlueTriton Brands Names Jorge Mesquita as CEO
BlueTriton Brands has appointed former Johnson & Johnson executive Jorge Mesquita as CEO, tasked with overseeing its portfolio of nationally distributed bottled water brands acquired from Nestle. Mesquita previously served as EVP and worldwide chairman of Johnson & Johnson’s consumer division, overseeing marketing and strategy revamps for the Johnson’s Baby, Neutrogena and Listerine brands.
Chobani Files for IPO
Yogurt and beverage producer Chobani announced today that it has filed a registration statement with the Securities and Exchange Commission (SEC) for a potential Initial Public Offering (IPO). The company did not detail a proposed valuation, a potential stock price or a timeline for an IPO. The valuation could be in excess of $10 billion, according to a Reuters report.
The Alkaline Water Co.: Fiscal Year Ends Strong, Announces $5M Raise
The Arizona-based company, which produces a line of 8.8 pH alkaline waters and CBD-infused products, posted a compounded annual growth rate of 52% since fiscal year 2015, with gross profit of about $16.4 million (up 25% from fiscal year 2020) and a cost of goods sold equal to $29.6 million (up 17% year-over-year).
X2 Closes $16M Funding Round, With NFL’s Barkley Joining
Sports performance drink maker X2 has announced the close of a $15 million round of Series D financing led by L Catterton and highlighted by participation from NFL running back Saquon Barkley.
With ‘Variety’ in Mind, United Sodas of America Expands Across the Country
In the war on sugar, soda has been public enemy number one for years. Now, New York-based startup United Sodas of America is looking to clean up the category’s image with a brand-driven, better-for-you line of low calorie soft drinks. After posting 10x growth online in its first year, the brand is currently expanding into retail with an ambitious 12 SKU lineup.
Taste Radio: The New Rules For Success In Food And Beverage
This special edition of the podcast features highlights from interviews with six founders, creators and innovators who joined us on the show during the first half of 2021. Our guests include Denise Woodard of Partake Foods; Mike Fata of Manitoba Harvest, Lezlie Karls Saltarelli, Nick Saltarelli and Jake Karls of Mid-Day Squares, Bill Moses of Flying Embers; Ayeshah Abuelhiga of Mason Dixie Foods and Seth Goldman of Honest Tea, Eat The Change and Beyond Meat.
Distribution Roundup: Poppilu Goes Nationwide; Rowdy Mermaid Expands Adaptonic Line
Kids lemonade maker Poppilu’s distribution is popping off as the brand grows its footprint to roughly 2,500 stores nationwide; Launched into Rocky Mountain Whole Foods stores in March, Rowdy Mermaid announced that it has expanded its mushroom-based Adaptonic line into four additional Whole Foods divisions.
Danone Details Growth Plans for Harmless Harvest
Danone Manifesto Ventures (DMV) announced this week that it has acquired a majority ownership stake in coconut products maker Harmless Harvest. Speaking to BevNET, DMV CEO Laurent Marcel and Harmless Harvest CEO Ben Mand said the deal is primed to help the premium beverage and plant-based food maker to expand its presence in the global market.