As it continues to develop new non-alcoholic brands in a myriad of categories, the Molson Coors Beverage Company announced today that it will enter the energy space with ZOA, a new better-for-you energy drink co-founded by actor Dwayne “The Rock” Johnson.
Molson Coors Beverage Company is further solidifying its relationship with L.A. Libations by investing in Arriba, a brand of michelada mixers operated by the California-based incubator.
VPX Sports, the maker of Bang Energy, is seeking an injunction against PepsiCo to stop it from making threats to its customers and wholesale distributors, as the two companies’ dispute over a long-term distribution contract moves into the legal phase.
Less than a year after entering an exclusive distribution agreement with PepsiCo that was touted as a blockbuster deal at the time, Bang Energy announced today it has terminated the relationship.
As athletic consumers look to cut sugars and artificial ingredients from their sports drink intake, BioSteel Sports Nutrition is aiming to compete head-on with category leaders via a new all natural, zero-sugar, RTD Tetra Pak line launching this month.
During Ball’s virtual Investor Day event on Tuesday, the company reported that the U.S. is “short” roughly 10 billion cans this year — about 9% of total 2019 sales — as the supply chain continues to feel the brunt of the COVID-19 pandemic.
Philadelphia-based coffee roaster La Colombe has entered into an exclusive partnership with Molson Coors Beverage Company to distribute the brand’s ready-to-drink coffee products in the drug and convenience channels starting in 2021. Eventually, the companies plan to expand distribution over time to all channels via the Molson Coors network.
Molson Coors Beverage Company has taken a minority stake in ZenWTR, the sustainably packaged bottled water brand launched earlier this year by serial entrepreneur Lance Collins, the company announced today. Terms of the transaction were not disclosed.
Delivering on its promise to expand beyond alcoholic beverages 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.
Inglewood, California-based Crowns & Hops Brewing Company took the throne as the winner of Brewbound’s 2019 Pitch Slam competition, held this week during the Brewbound Live business conference in Santa Monica, California.
Fermented Sciences, the maker hard kombucha brand Flying Embers, announced this week it has raised $25 million in a Series B round co-led by PowerPlant Ventures and Ecosystem Integrity Fund (EIF). Also, Austin, Texas-based spiked seltzer maker Shotgun Seltzer announced today it has received a $1 million investment from Unorthodox Ventures.
Molson Coors announced today it has taken a minority ownership stake in California-based beverage incubator L.A. Libations, a move that gives the beer conglomerate access to a broad portfolio of brands as it moves to expand its play in non-alcoholic categories. Terms of the deal were not disclosed.
In March, after spending two years as CEO of the U.S. arm of Scottish craft brewery BrewDog, Tanisha Robinson took on a new position within the company as its Chief Disruption Officer, a move that put her in charge of seeking out the next big trends in beer and beverage to help the company stay ahead of the industry. Almost immediately, she took an interest in CBD — something BrewDog wasn’t ready to embrace just yet. Rather than let the opportunity get away, Robinson quit her job in July and founded W*nder (pronounced Wonder), a CBD-infused sparkling water brand set to launch this January.
All Market Inc., the maker of Vita Coco, announced today that former Boston Beer Company president and CEO Martin Roper has joined the company as its president.