Review: Health-Ade Plus
Health-Ade Plus, which was announced in mid August, is a line of USDA Certified Organic kombuchas that are enhanced with functional ingredients.
Supercharge: D2C Event Presented By BevNET & NOSH on Sept. 29
BevNET and NOSH will be presenting our very first Supercharge D2C event on Sept. 29 with the purpose of helping food and beverage brands develop, refine, and energize their approach to the direct to consumer channel. This event -- included for BevNET and NOSH subscribers -- will address strategic, operational, and marketing practices around D2C, as well as provide direct-from-the-entrepreneur stories of how companies are dealing with the D2C environment.
Molson Coors Announces Portfolio of Non-Alc Brands
Delivering on its promise to expand beyond alcohol into an “around the clock” beverage platform, Molson Coors Beverage Company announced this week the launch of four new non-alcoholic product lines across multiple categories that are set to begin rolling out in the coming months.
SprintToSuccess S1E6: The Finish Line
We’re almost to the finish line! In this episode, not only will you see the end design result, but you’ll also get to hear directly from Melissa. She’ll go into detail about the most critical learnings and how she felt about the process.
Siddhi Capital Closes Fund, Plans For SPAC
Last month Melissa Facchina, founder and CEO of outsourced operations firm Siddhi Ops, and the Finn Family, the backers of Martstar investments, announced the close of their first fund under the newly formed firm Siddhi Capital. Facchina will also partner with the father and son duo of Brian Finn (the former CEO of Credit Suisse USA) and Steven Finn to launch a special purpose acquisition company (SPAC) as well.
Reveal Showcases Avocado Seeds With Debut Product
As the co-founder and CEO of Philadelphia-based Hidden Gems Beverage Company, Bahirat is aiming to fuse wellness and sustainability with the brand’s debut product: Reveal, a three-SKU line of beverages made from brewed avocado seeds.
Atlantic Beverage Distributors Acquires Non-Alc Business From Bayside Distributors
Atlantic Beverage Distributors -- a Holliston, Massachusetts-based craft beer, wine and spirits importer and wholesaler -- announced today the acquisition of the operations of Bayside Distributors, which is also based in Holliston.
People Moves: L.A. Libations Hires Michael White, Promotes Shah and Orr
L.A. Libations Hires Kroger’s Michael White, Promotes Shah and Orr; Jones Soda Appoints Mark Murray as President; Nutrabolt Names New Chief Digital Officer, CMO Exits; Matt Swenson Takes Director of Coffee Role at Nestlé; Vita Coco Names Halima Aden “Chief Coconut Officer” to Support Global Initiative
Canadian Non-Alcoholic Beer Maker Partake Raises $4 Million
Canadian non-alcoholic beer maker Partake Brewing has raised $4 million in the company’s first institutional funding round, which was led by San Francisco-based CircleUp Growth Partners.
SPAC Attack: Hollod to Run Tailwind, Advantage to Merge and Go Public
It’s the summer of special purpose acquisition companies (SPACs). Also known as blank check companies, SPACs have increasingly become appealing for the ability to quickly create category leaders and getting capital infusions into brands that need them. The past week has seen two such investment vehicles from industry experts.
Amid Pandemic, Vita Coco Finds Path Forward
In the midst of a pandemic, on top of a worrying slump in the coconut water category overall, Vita Coco appears to have found its groove.
Weller Expands Beyond CBD With Sparkling Immunity Line
CBD-infused beverage and snack brand Weller is expanding its platform beyond CBD with the launch of Sparkling Immunity, a new line that builds on the company’s goal to become a functional wellness brand while increasing its footprint with retailers that don’t carry CBD products.
Despite Cold Case Challenges, Carbonated Cold Brew Brand Sofee Targets Growth
Though the pandemic has created a tricky retail environment for early-stage beverage brands, with fewer grab-and-go cold case purchases and less consumer trial for innovative products, carbonated cold brew coffee brand Sofee is seeking to remain nimble by rolling out new ecommerce and marketing efforts.
RTD Coffee Category Close-Up, Product Showcase on Sept. 8+9
BevNET and NOSH are deepening their coverage of fast-evolving food and beverage categories with the premiere of two new video series next week available exclusively to subscribers: Category Close-Up and Product Showcase. To kick off the series, BevNET Managing Editor Marty Caballero will be taking a look at an established category that remains one of the most dynamic beverage types across all retail channels: ready-to-drink coffee.