beverage

Starbucks Corp. (NASDAQ:SBUX) is considering selling a minority stake in its China business to an outside investor as part of efforts to reinvigorate growth in the region, according to the company's CEO. What Happened: Starbucks’ CEO, Brian Niccol, revealed in an interview with the Financial...

Safety Shot Inc. (NASDAQ:SHOT) shares traded lower on Monday after the company’s CEO provided several business updates about its production, distribution and revenue traction. What To Know: The company launched its Sure Shot product on Amazon in November 2023, which sold out within a few...

Beverage maker Keurig Dr Pepper Inc. (NASDAQ:KDP) exceeded analyst expectations in the fourth quarter as its “consumer-obsessed brand building” initiatives paid off. The firm said it “capitalized” on the dirty soda’s popularity with the help of social media. What...

I’m by no means an alcoholic, but considering today’s lifestyle filled with junk food and sedentary work schedules, it’s no wonder various diseases find their way into our bodies. If, on top of that, I consume alcohol—even occasionally—things can quickly go downhill. “...

Stocks in the food and beverage industry experienced their most challenging week since May 2022, further extending the declines seen in the preceding weeks. The First Trust Nasdaq Food & Beverage ETF (NYSE:FTXG) plummeted by over 5% this week, marking its third consecutive week of losses and...

Cannabis beverage producer Nevis Brands Inc. (CSE: NEVI) has secured an agreement with Silver State Wellness to produce and distribute Major to Nevada cannabis retailers. Major is a dosable 100mg THC beverage that delivers the effects of cannabis within 10-20 minutes of consumption. It will be...

Molson Coors Beverages Co. (NYSE: TAP) decided to pull out of two joint ventures, one with cannabis company HEXO Corp. (NYSE: HEXO) and the other with La Colombe Coffee Roasters. What Happened? The multinational drink and brewing company and HEXO put an end to Truss CBD USA after...

LEVIA, a cannabis-infused seltzer, recently announced the launch of its latest seasonal flavor, Mellow Mule, just in time for spring. Hitting shelves throughout Massachusetts later this week, the limited-edition Mellow Mule mimics the desired effects of LEVIA’s “Celebrate” can...

Cannabis-focused biopharmaceutical research company The Now Corporation (OTCPK: NWPN) has purchased a 28% equity stake in the parent company of CellDration, in an effort to reach a broader market that desires a healthier lifestyle based on the consumption of organic, natural and supplemental grade...

SweetWater Brewing Company, LLC, a subsidiary of Tilray Brands, Inc. (NASDAQ: TLRY) (TSX: TLRY), has announced its continued westward expansion into both Washington and Oregon, with distribution partner Columbia Distributing, keeping up the momentum after the announcement of its launch into...

Charlotte’s Web Holdings, Inc. (TSX: CWEB) (OTCQX: CWBHF) seeking to enter into the CBD wellness beverage market with new CBD social elixirs currently under development with an expected launch date later in the calendar year. The Denver-based company looks to introduce CBD sparkling elixirs...

The clean energy drink company Kill Cliff has inked a three-year deal to become the exclusive Energy Drink of the World Champion Atlanta Braves. What Happened? Kill Cliff Ignite will be the only energy drink sold in bars, restaurants, and concessions throughout Truist Park. This lock on the ultra-...

JPMorgan analysts revised their stance on the beverage sector and presented a new pair trade of assuming a bullish stance on Keurig Dr Pepper Inc (NYSE: KDP) and a bearish stance on Molson Coors Beverage Co (NYSE: TAP). The Analyst: Andrea Teixeira upgraded Keurig Dr Pepper's stock from...

Canadian cannabis giant Canopy Growth Corp (TSX: WEED) (NASDAQ: CGC) has launched its CBD-infused sparkling water, dubbed Quatreau, in the U.S. The Smith Falls, Ontario-based company opted to join its industry peers and establish itself within the fast-evolving market of...

BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF), a producer of cannabinoid-infused beverages, has purchased Naturo Group Investments Inc. Following months of negotiations, the company finalized a previously announced deal to acquire the beverage developer and manufacturer. The deal was ...