Brad Avery

Brad Avery

Reporter

Brad is a Reporter for BevNET.com.

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Posts by Brad Avery

Monster Unveils 2021 Product Slate But No Hard Seltzer Yet

Monster Unveils 2021 Product Slate But No Hard Seltzer Yet

Defying the predictions of many industry analysts, Monster Beverage Corporation offered no official confirmation of nor announcement for its rumored alcoholic hard seltzer product during its 2021 Virtual Investors Meeting on Thursday.

Bang Counters PepsiCo Motion to Dismiss Lawsuit

Bang Counters PepsiCo Motion to Dismiss Lawsuit

As VPX Pharmaceuticals seeks to end its distribution agreement with PepsiCo in court, the Florida-based maker of Bang energy drink has filed a response in opposition to the soda giant’s motion to dismiss the lawsuit.

Bang’s Breakup With Pepsi Moves to Court

Bang’s Breakup With Pepsi Moves to Court

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.

Bang Moves to Terminate PepsiCo Distribution Agreement

Bang Moves to Terminate PepsiCo Distribution Agreement

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.

Ball Corp. Reports 10 Billion Can Shortage in US This Year

Ball Corp. Reports 10 Billion Can Shortage in US This Year

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.

La Colombe Coffee Roasters Signs 10-Year Distribution Pact with Molson Coors

La Colombe Coffee Roasters Signs 10-Year Distribution Pact with Molson Coors

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 Takes Minority Stake in ZenWTR

Molson Coors Takes Minority Stake in ZenWTR

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.

Molson Coors Reveals First 4 Non-Alcoholic Brands in L.A. Libations Partnership

Molson Coors Reveals First 4 Non-Alcoholic Brands in L.A. Libations Partnership

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.

Investment Roundup: Flying Embers-Maker Closes $25M Series B Round; Shotgun Seltzer Raises $1M

Investment Roundup: Flying Embers-Maker Closes $25M Series B Round; Shotgun Seltzer Raises $1M

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 Takes Minority Stake in L.A. Libations

Molson Coors Takes Minority Stake in L.A. Libations

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.