Coca-Cola plans to drop Zico coconut water by year’s end, the Wall Street Journal first reported; the company may also cut stevia- and sugar-sweetened Coke Life and Diet Coke Fiesty Cherry as it pares slower-moving brands ... Molson Coors has agreed to distribute La Colombe ready-to-drink coffee starting in January in drug and convenience channels before eventually taking over all channels, according to a memo from the brewer to distributors ... PepsiCo has agreed to sell, distribute and merchandise Danone’s Evian spring water in Canada .... NewAge has divested Brands Within Reach to Zachert Private Equity for $15 million; the unit, acquired by NewAge in July 2019 for about $3 million in cash and 700,000 shares of NewAge stock, holds US licensing and distribution rights for brands such as Nestea ready-to-drink teas, Volvic spring water, Illy RTD coffee, and Evian spring water (natural channel only). .... Oxigen, an oxygen- boosted electrolyte bottled water endorsed by NBA Stephen Curry, closed a $15 million funding round ... Canned water brand Liquid Death has closed a $23 million funding round that includes an investment from global spirits maker Pernod Ricard ... Reyes Holdings’ beer division has agreed to acquire Indiana’s largest beer distributor, Monarch Beverage.