A new class of beverage startups will be introduced to the industry at BevNET Live Winter 2019. New Beverage Showdown 18, presented by Coca Cola’s Venturing & Emerging Brands, returns to Santa Monica, Calif. this December 9th and 10th, providing a stage for emerging brands to share their story with industry gatekeepers and peers.
Small Barrel Shrub utilizes a base of carbonated water, fruit flavored balsamic drinking vinegar, and coconut water to create a unique take on craft soda. The products have no added sugar and use the sugars in the balsamic vinegar and added coconut water to sweeten the drinks.
Speaking at Cannabis Forum 2019, held on June 14 in New York City, the co-founders of 99th Floor -- Doug Cohen and chef Miguel Trinidad -- explained how they are using food as a vehicle to build consumers’ appreciation and understanding for cannabis, in addition to smashing some of the lingering stigma around recreational marijuana use.
Ray DeRosa, the founder of dandelion-based tea brand Lion Tea, understands the struggles of consumer education. In this episode, he explained how he’s tackled this issue by using a simple, yet powerful and efficient method to create brand loyalists. He also spoke about why “finding the partners that are going to provide you extraordinary support in the early days ultimately make you successful.”
Citing U.S. Food and Drug Administration’s (FDA) guidance prohibiting the sale of CBD-infused food and beverage products, the Minnesota Department of Agriculture (MDA) last week issued cease and desist notices to CBD beverage manufacturers and has embargoed sales for at least one beverage company.
Plant-based venture firm PowerPlant Ventures announced yesterday the close of its second fund. At over three times the size of its predecessor, Fund II, which closed at $165 million, will allow the company to further refine its deal structure, according to co-founder and partner Mark Rampolla.
Keeping your books in order is a good practice for brands of all kinds, but for companies looking to gain a foothold in the cannabis space, it’s a particularly critical component of running a healthy business.
Jeff Chu is the co-founder and CEO of Joy Tea, a brand focused on delivering simple and transparent CBD teas to millennial and older Gen Z consumers. Using clean ingredients and emotion-based branding, the company aims to inspire a feeling, not just deliver a great product.
Sunomi, previously known as Sip City, is a line of sparkling switchel beverages that is a much improved version of its predecessor. The brand now offers three flavors -- Turmeric, Orange, and Lemon -- all of which feature apple cider vinegar (ACV).
Ontario, Canada-based Flow Alkaline Spring Water opened this month a $15.5 million, 55,000 square foot manufacturing facility in Augusta County, Virginia. Flow founder and CEO Nicholas Reichenbach told BevNET that the facility will act as a new “homebase” for manufacturing of products sold in the U.S. while its Canadian operations will serve the international market.
In this gallery, we highlight this month’s notable product launches, including the latest from HUEL, Ocean Spray and Starbucks, along with new brand launches, rebrands and reformulations.
Turmeric-based beverage brand Temple today announced that Natur International Corp., a producer of plant-based food and beverages based in the Netherlands, has acquired a controlling interest in the company. Financial terms of the transaction were not disclosed.
All presentations from Cannabis Forum Summer 2019 are now available to stream on our BevNET YouTube channel. Held in June in New York City, the industry conference brought together hundreds of cannabis curious food and beverage founders and executives to discuss and explore the present and future of the emerging market.
Facing declining sales, this past spring The Fresh Market sent out an open call to beverage brands in every category to submit products for consideration. All told, the company received more than 600 products for consideration. Four months later, The Fresh Market officially began its reset after the Fourth of July holiday with over 300 products.
