Plus, Danone take major stake in Kate Farms, Brown-Forman backs out of wine͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
 
 
BevnetMay 12, 2025
DAILY BRIEFING: LITE EDITION
A preview of today's news & insights for the beverage industry.

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🌶️ Red Hot Chili… RTD Coffee

🌶️ Red Hot Chili… RTD Coffee

As if he needed more caffeine.

Anthony Kiedis, the hyperkinetic Red Hot Chili Peppers’ lead singer, along with celebrity friend Shane Powers, a podcaster and former Survivor contestant, turned the pair’s 20-year-plus standing weekly Thursday coffee meeting into a beverage business.

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👉🏼 What You Need to Know 👈🏼

👩🏼‍🌾 Danone Takes Majority Stake in Kate Farms

Danone is taking a majority stake in Kate Farms, the largest plant-based, pediatric medical nutrition brand in the U.S., giving the French conglomerate a sizable footprint in the American hospital channel.

Insiders can access all of the details.

 

🥂 Brown-Forman Backs Further Away From Wine

Brown-Forman is taking another step back from wine, terminating its sales and distribution partnership with Californian winemaker Korbel Champagne Cellars.

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Hemp-Derived THC Drinks Are Booming – But Can the High Last?

Hemp-Derived THC Drinks Are Booming – But Can the High Last?

Hemp-derived THC drinks have seen 25%+ online sales growth every quarter for a year, but can that momentum last? In our new two-part special, we explore the growing tension between thriving DTC sales and the need for retail scale. Founders and marketers warn that pricing mismatches and tightening regulations could undercut the category’s future. Some brands are turning to beer and liquor distributors, but at what cost?

📖 Read Part I and Part II.

 

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