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Home » Topics » Financial

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3-chemistry

Canopy Growth’s ‘Total Mood Management’ Strategy

Innovation Chief Julian Cohen Explores Cannabis Drinks for Energy, Relaxation, Sleep
February 9, 2022

Canopy Growth Chief Innovation Officer Julian Cohen says the company views cannabis as a consumer product, just like beverages and snacks. He sees an opportunity for cannabis to play in a “beneficial” beverage space in which cannabis and other functional ingredients such as vitamins, antioxidants and adaptogens are blended to “deliver on the promise of what we call total mood management.” In a separate interview, Canopy Chief Product Officer Tara Rozalowsky provided an update on the company’s US business and Quatreau’s launch.


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2-lead-c

Niagara Raising Bottled Water Prices to Offset Higher Costs

Plus, PepsiCo Soft Drink Concentrate Pricing Up +7.5% for 2022
February 9, 2022

Niagara, the country’s largest private label bottled water producer and a co-packer for companies including Coca-Cola, informed retailers this week that rising input costs will force a wholesale price increase on March 1. Niagara is battling higher supplier costs for...


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Coke United's Brain Trust Looks Ahead to 2022 and New Leadership

Incoming CEO Mike Suco Stood Out as Keeper of Atlanta Flame
February 9, 2022

Coca-Cola Bottling Company United, Coca-Cola’s third largest US bottler, has named Mike Suco as the company’s eighth president and CEO in its 120-year history. Currently an SVP and chief commercial officer, Suco will succeed the retiring John Sherman as head of the Birmingham, Alabama-based bottler whose territory includes...


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Briefs: January 25, 2022

January 25, 2022

A collection of recent developments from around the industry to keep you up to speed...


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Lemon Perfect Targets $60M in Retail Sales This Year, Founder Says

Considers Multipack. And 16-Oz Bottle for Eventual C-Store Push
January 25, 2022

In 2020, BD flagged a young brand called Lemon Perfect that was picked up by distribution rainmaker Big Geyser and launched with some trepidation in New York City as the pandemic swept into the US. BD checked in with founder Yanni Hufnagel this month to see how the Beechwood Capital-backed brand has done since. He said he expects ...


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Stock Watch: Coca-Cola Consolidated Shares Jumped +57% in 2021

Bottlers Femsa, CCEP Gain
January 25, 2022

While most US-traded beverage stocks tracked by BD increased in value last year, few beat the almost ...


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Q&A: Derek Hill Takes Over as President and CEO of Suntory-Controlled U.S. Bottler

In an Interview, Hill Says Aluminum Can Crisis Trending in Right Direction
January 25, 2022

There has been a changing of the guard at PepsiCo’s largest independently owned US franchise bottler, Pepsi Bottling Ventures. Paul Finney has retired as president and CEO, a post he had held since...


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Zoa Looks to Notch $20m in Sales in Debut Year With Backing From Dwayne Johnson

December 17, 2021
Zoa, the energy drink distributed by minority investor Molson Coors Beverage and backed by megastar actor Dwayne “The Rock” Johnson, looks to generate about $20 million in sales this year since the brand’s launch in March. According to data...
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International Perspective

Beverage Recovery Continued as KO, PEP Reported Q3 Gains in Most Global Markets
December 17, 2021

Third-quarter global beverage volumes grew in most global markets reported by Coca-Cola and PepsiCo, according to regulatory filings. That marks two consecutive quarters of widespread quarter-over-quarter volume sales growth internationally for the companies as countries recover from...


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Briefs: November 17, 2021

November 17, 2021

A collection of recent developments from around the industry to keep you up to speed...


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