Last week, plant-based cheese and butter maker Miyoko’s Creamery emerged victorious in what could potentially be a landmark legal case for dairy and meat alternative CPG brands. However, the fight ahead is anything but cut and dried.
In this week's People Moves: Bob Groux joins blk. as senior vice president of sales, Paul Hodge steps down as Laird’s President and CEO, Sagan Schultz leaves WellWell and Peter Kaye joins Hungry Harvest.
New York-based Sanzo, makers of sparkling waters infused with Asian citrus fruit flavors, has partnered with Marvel Studios to support the forthcoming release of “Shang-Chi & The Legend of the Ten Rings."
The Sept. 9 speaker lineup combines experience in determining growth strategy, applying tactics to fuel that growth, and the kind of trade-offs around resources that take place as brands move into periods of growth and scale.
In this week's distribution roundup: Karuna expands to Sprouts Farmers Market; Kendall Jenner’s 818 Tequila is now in nine states, Flow Water partners with Honickman in New York and the Mid-Atlantic, Picnic Brunch expands across Texas, SelvaRey Rum partners with Republic National Distributing Co. and more.
Ready-to-drinks (RTD) are currently one of the fastest growing categories in beverage alcohol, but it can be extremely difficult for consumers to know exactly what they’re buying and who’s making it.
Ayr Wellness Inc. has entered into a binding letter of intent to acquire 100% of Massachusetts-based Cultivana, the parent company of cannabis-infused beverage brand Levia, for $20 million.
Cannabis-infused “social tonic” maker Cann has partnered with Swedish pop star Tove Lo for its latest product launch: Peach Passionfruit Maté, a limited edition caffeinated beverage infused with THC.
Adaptogen-powered, plant-based latte maker Taika has announced the close of a $2.2 million seed round of funding from a diverse group of experienced investors, as well as the launch of its fourth flavor: Matcha Latte.
![Tilray Acquires Majority of Debt and Warrants in Cannabis Retailer MedMen [Updated]](https://dg6qn11ynnp6a.cloudfront.net/wp-content/uploads/2021/08/18144047/Tilray-MedMen-970-150x150.jpg)
Canadian cannabis producer Tilray Inc. has acquired a majority stake in dispensary chain MedMen in a $165.8 million deal, the company announced today. As part of the deal, Tilray will acquire 75% of the California-based cannabis retailer’s outstanding secured convertible notes.
The spirit industry saw a variety of innovations across the whiskey and tequila categories this month along with a handful of limited-edition expressions and new brand debuts including Fleur Charmante and Calirosa. Check out the gallery below for the latest from WhistlePig, Gin Lane, Compass Box and more.
Happy Being is a line of doctor-created functional beverages that are made with white tea and enhanced with antioxidants, elderberry and Turmacin (a form of bioavailable turmeric). The products are low in sugar and calories and are packaged in 12 ounce glass bottles.
Alongside healthcare, financial services and software companies, dozens of food and beverage brands were ranked on Inc.’s annual 5000 list of the fastest-growing privately-held companies in the United States. Released today, the 2021 list features an array of companies with a direct-to-consumer focus, highlighting the pandemic’s lasting impact on consumer shopping habits.
Amidst the release of Q2 earnings reports, Reed's faces supply chain challenges, while Zevia posts its best-ever sales quarter. Elsewhere, Laird Superfood sees changes behind the scenes as president/CEO Paul Hodge steps down.
