Articles
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1 week ago |
fooddive.com | Chris Casey
This audio is auto-generated. Please let us know if you have feedback. Canada's largest cannabis producer wants to break through the hazy U.S. market with an expansion of hemp-based drinks. Tilray Brands has expanded its presence in states with an infrastructure for hemp-derived drinks like Georgia and Florida. Tilray launched hemp-derived THC drinks in several markets across the U.S. and the company's drinks are now in 1,000 stores across the country, according to its latest earnings call.
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1 month ago |
fooddive.com | Chris Casey
This audio is auto-generated. Please let us know if you have feedback. Töst wants to give consumers booze-free cocktails that aren't just an imitation of alcohol. Brooks Addington, the CEO of Töst, said in an interview with Food Dive he took an interest in the nonalcoholic category when he realized there was a lack of booze-free options with “sophistication and elevation” that could pair with food, the way a cocktail or glass of wine can.
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1 month ago |
fooddive.com | Chris Casey
This audio is auto-generated. Please let us know if you have feedback. The Weekly Sip is Food Dive’s column focused on the latest news in the rapidly changing and growing beverage sector. From inaugural product lines to big investments and controversial topics, this column aims to quench the thirst for developments in the category. Coca-Cola BodyArmor Chill is the beverage giant’s latest offering in the growing sports drink category, featuring a “refreshing, cooling sensation” in every sip.
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1 month ago |
fooddive.com | Chris Casey
This audio is auto-generated. Please let us know if you have feedback. Kraft Heinz will spend $3 billion on its U.S. manufacturing facilities, the company confirmed to Food Dive, the largest investment in its plants in decades. Pedro Navio, president of Kraft Heinz’s North America operations, told Reuters last week that planned investments could add 3,500 employees to the Lunchables producer’s workforce.
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1 month ago |
fooddive.com | Chris Casey
This audio is auto-generated. Please let us know if you have feedback. Guinness and Johnnie Walker owner Diageo is weighing potential large selloffs as it expects tariffs to spark a $150 million loss. Diageo CFO Nick Jhangiani said on the company’s earnings call Monday that the Guinness owner is planning “substantial changes” to its portfolio that would be “beyond the usual smaller brand disposals” the company has done over the past three years.
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Four years ago, things looked promising for the CBD industry. But because the FDA chose not to regulate the ingredient this month, leaders in the space say companies will be unwilling to take a gamble on cannabis for the foreseeable future. https://t.co/pPm5JBlMSh
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I spoke to leaders in the upcycled food space about how they aim to spread awareness of its benefits — like fighting climate change — through new product launches. https://t.co/Xamiz7n3UZ