Lukas Southard

Lukas Southard

Senior Reporter, BevNET & NOSH

Lukas Southard is a Reporter covering the food and beverage industries across BevNET and NOSH.

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Posts by Lukas Southard

Devil’s Drink: Craft Soda Rises in Craft Beer Country

Devil’s Drink: Craft Soda Rises in Craft Beer Country

In a region known for its craft beer, Asheville, North Carolina-based soda maker Devil’s Foot Beverage Company has built a farm-to-can business model that is dedicated to an inch-wide, mile deep growth strategy.

Richard’s Rainwater Eyes Scaling Nationally With Increased Supply

Richard’s Rainwater Eyes Scaling Nationally With Increased Supply

Purified water brand Richard’s Rainwater is setting its sustainability sights on reducing its carbon footprint with a network of geographically strategic facilities for collection, production and distribution with the announcement that it has built the world’s largest potable rainwater collection site in Louisiana.

Pretzel Maker Eastern Standard Provisions Gets $13.5M Investment from Mondelēz

Pretzel Maker Eastern Standard Provisions Gets $13.5M Investment from Mondelēz

Eastern Standard Provisions has completed a $13.5 million venture funding round with participation from Mondelēz International’s venture arm SnackFutures, bringing its total funding to date to $14.3 million, according to a form filed with the Securities and Exchange Commission last week.

Albertsons: D.C. Circuit Refuses To Pause Special Dividend

Albertsons: D.C. Circuit Refuses To Pause Special Dividend

A Washington, D.C. Circuit court panel sided with Albertsons on Tuesday refusing to impose an emergency pause on the grocery chain’s planned $4 billion shareholder dividend filed in the court a month and a half ago.

Upcycled Ingredient Makers Eye Brewers’ Spent Grains

Upcycled Ingredient Makers Eye Brewers’ Spent Grains

Regenerative food companies are using a mix of environmental messaging and economic incentives to convince brewers and grain processors to adopt upcycling technology as a means of repurposing spent grain into human food production.

Monster: Price Increases Tempering Costs

Monster: Price Increases Tempering Costs

Monster Beverage Company reported +15.2% year-over-year sales growth in the third quarter, even as increased expenses and cost of goods continue to drag on the energy drink maker’s margins despite price increases.

Monster Reveals Plans for 6% ABV FMB Beast Unleashed

Monster Reveals Plans for 6% ABV FMB Beast Unleashed

Monster Beverage Company confirmed its long-rumored entrance into beverage alcohol during its Q2 2022 earnings call on Thursday, announcing that Monster Beast Unleashed, a four-SKU line of flavored malt beverages (6% ABV) will launch in late Q4 2022 with the goal of being nationally distributed by the end of 2023.