All Market Inc. Acquires Runa
All Market, Inc. (AMI), the parent company of coconut water maker Vita Coco, today announced the acquisition of Runa, an organic energy drink brand made with the guayusa leaf. Terms of the deal were not disclosed.
GoodBelly Lands $12M Round, Led By 301 Inc.
Today NextFoods Inc, the producer of GoodBelly Probiotics, announced the close of a $12 million round of funding led by 301 Inc, the venture arm of General Mills.
BevNET Live Summer 2018 Video: ‘High’ Risks and Rewards in Cannabis Beverages
In a wide-ranging discussion at BevNET Live Summer 2018 in New York City earlier this month, Lauren Rudick, partner at law firm Hiller, PC, and Erik Knutson, president of the American Trade Association for Cannabis and Hemp, spoke to both the enormous opportunities and significant challenges of working with cannabis-infused drinks.
Taste Radio Ep. 116: Secrets Behind a Perfect ‘Overnight Success’; Successful Habits of a Kombucha Queen
Leigh and Bill Keith, the co-founders of Perfect Bar, on the story, strategy and secrets behind the brand’s 13-year ‘overnight success’; the habits of Health-Ade: Daina Trout, the co-founder and CEO of the fast-growing kombucha brand, on routines that have supported the brand’s growth and helped avoid costly missteps
Review: Petal
Petal is a USDA Organic zero calorie sparkling beverage that features a blend of botanicals in each of their three flavors.
BevNET Live Summer 2018 Video: Ken Uptain Talks Essentia Culture, Leadership and Growth
In this interview recorded at BevNET Live Summer 2018 in New York City, Ken Uptain, CEO and founder of premium water maker Essentia, discusses how he helped build and nurture the company from its early days as a "designer water" to one of the category's fastest growing brands.
BevNET Live 2018 Video: Vita Coco’s Mike Kirban On The Journey From Startup to Mature Company
In an interview recorded at BevNET Live Summer 2018 in New York City, Vita Coco co-founder and CEO Mike Kirban discussed the brand's journey from a young startup to a leader in the coconut water category with the broader goal of being the "biggest better-for-you beverage company" in the world.
Review: Ugly Lands in the US with New Formulations
Originally launched in the U.K. a few years ago, Ugly Drinks, which is a line of zero calorie flavored sparkling waters, has now launched in the U.S. with an updated look and formulations that were adjusted for the U.S. market (the product is also produced in the U.S.).
BeyondBrands Launches Cannabis-Infused Tonic Mood33
BeyondBrands is looking to bring consumers one step closer to that potential future with their latest venture: Mood33, a cannabis-infused sparkling tonic. The brand launched earlier this year with a party on April 20 and began selling in California dispensaries on June 1.
Sources: Report on Essentia Sale Premature
After CNBC reported that premium water brand Essentia was exploring a potential sale, sources close to the situation confirmed to BevNET that the company has been working with Credit Suisse for more than a year, but that there is no official sales process underway.
CORE Launches Summer Campaign With Demi Lovato
For the second year running, Core Hydration is building its summer marketing campaign around one of its star shareholders, as the brand announced today that singer/actress and brand investor Demi Lovato will be the face of a new primarily digital-based national marketing blitz that emphasizes “balance and authenticity."
People Moves: Harmless Harvest Hires New CEO
Harmless Harvest Hires New CEO; DRY Soda Adds New CFO and VP of Sales; Red Bull Appoints New President?; Organic Valley Reshuffles Sales Department; Temple Lifestyle Makes Marketing, Operations Hires
Review: Zinger Shots
Zinger Shots are a line of USDA Organic shelf stable shots that feature intense flavors in a small 2.4 oz. format. The product currently comes in five flavors, including Organic Ginger Zinger, Xtra Ginger Zinger, Lime Chilli Zinger, Golden Turmeric Zinger, and Acai Caffeine Zinger.
L.A. Libations to Act as Broker for OWYN
The Coke-aligned beverage incubator, which consults and helps to secure retail placement for emerging brands, has begun working with Halen Brands as a broker of record to grow the retail footprint of Only What You Need (OWYN) in national accounts including Walgreens and 7-Eleven.