Monster: Net Sales Grow, But Miss Projections
Monster Energy Corp. recorded total net sales of $1.1 billion in the second quarter of 2019, an 8.7% increase from the same period last year, according to financial results released this morning.
People Moves: Mark Nunn Leaves Nutpods
Mark Nunn Leaves Nutpods, Starts Consulting Business; Humm Hires Matt Witherell as President; Dean Foods Names New CEO; Former Coke Exec Joins Glucose Health Board; FloWater Names New Chief Sales Officer; O2 Sports Recovery Names New VP of Sales
Diageo Acquires Majority Stake in Seedlip
International spirits conglomerate Diageo announced today that it has acquired non-alcoholic distilled spirits maker Seedlip. The liquor company had been an investor in the brand through its venture capital arm, Distill Ventures.
Gallery: New Mid-Summer Spirits
In this month’s spirits gallery, we highlight a handful of the notable new releases from mid-summer, including a special collaboration between Remy Martin and French metalsmith Steaven Richard, a new limited edition single malt from Laphroaig and several new canned RTD cocktail products.
AriZona Partners with Dixie Brands for Cannabis Product Line
Speaking with BevNET, Dixie CEO Chuck Smith said the partnership -- which at the end of its term can be renewed two times for up to four years -- is likely to produce a variety of THC-infused products under the AriZona name, starting with vape pens and gummies.
Elevator Talk: Altru Boasts Antioxidants and Exotic Flavors
Eugene Gross is the co-founder of Altru Brands, a company that delivers premium and functional flavored waters. The products contain a patent pending blend of antioxidants including glutathione, as well as electrolytes and vitamins.
Cannabis Forum 2019: Building a Fairer Industry
As cannabis entrepreneurs, Willie Mack, co-founder and president of boutique cannabis brand Think BIG, and Rashaan Everett, CEO of vertically integrated cannabis startup Good Tree Holdings, have made addressing systemic issues a fundamental part of their respective business plans.
Review: Pricklee Superfruit Water
Pricklee Superfruit Water is a line of still flavored water beverages that are enhanced with electrolytes and antioxidants. Lightly sweetened with agave nectar, each 12 oz. can of Pricklee contains only 35 calories.
California Cannabis Beverage Copacker Spacestation Goes Online
Spacestation, the brainchild of Blackeye Roasting Co. founder Matt McGinn, recently opened in northern California with the goal to help startup cannabis beverage brands with both the industry guidance and manufacturing muscle to find success in the nascent category.
Taste Radio Ep. 174: ‘The Beverage Whisperer’ Reflects, Advises and Predicts
One of the beverage industry’s best known and most respected insiders, Ken Sadowsky has long been an investor and advisor to a range of category-leading brands. In this episode, he discussed how he assesses opportunities to align with and invest in early stage brands, offered his perspective on leadership and shared his thoughts on notable categories and emerging trends.
Powering Up: Gamer-Focused Energy Drinks Target Growing Market
The growth of video game culture has opened the doors for beverage brands able to supply the demand for functional drinks that appeal to the specific needs of gamers. A handful of smaller, innovative energy drink brands have seized on the space to offer authentic, better-for-you options tailored for long, intensive gaming sessions.
Cannabis Forum 2019: Brands and Trademarks with Larry Sandell
Speaking at Cannabis Forum 2019, held on June 14 in New York City, attorney Larry Sandell of Mei & Mark LLP discussed how emerging cannabis brands can avoid the mistakes and pitfalls involved with protecting intellectual property.
New Beverage Showdown 18: Beverage Startups Take the Spotlight
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.
Review: Small Batch Shrub
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.