Brad Avery
Posts by Brad Avery
Regulatory Update: California to Block CBD Sales; FDA Tackles Alt-Dairy
In California, a revised FAW issued by the state Department of Public Health effectively prohibits the sale of hemp-derived CBD products, while the debate over defining an identity for the plant-based dairy category moves forward.
Watermelon Road Named Pitch Slam Winner
Five snack makers fought for the title, including popped lily seed maker Bohana, natural ice cream line Grateful Sons, better-for-you brittle Sarah’s Snacks, and protein ball brand Simply Fuel.
Nuun Launches Immunity Line
Nuun has made health-through-exercise a core tenet of the brand identity for its line of hydration tablets and powders. But now the company says it is looking to take care of its consumers around the clock with Nuun Immunity, a new line launching next month.
New Barn Raises $3.75 M in Series A Round
New Barn, Inc., maker of a line of almond milks and almond-based ice cream alternatives, has raised $3.75 million in a Series A round led by New Food SPV, an investment company created to serve as a funding arm for the company.
AccelFoods Leads $715,000 Raise for Bear Squeeze
Ketogenic meal shake startup Bear Squeeze has raised $715,000 in a pre-seed round led by AccelFoods, giving the brand a financial edge as it prepares to launch via ecommerce this spring.
TRIBALI Foods Triumphs During NOSH Live Pitch Slam
The California-based company brand of frozen, grassfed and finished beef and chicken patties won the third annual Pitch Slam based on what judges said were strong flavors and intuitive packaging design that served as a “road map for the mind.”
The Ginger People Spices Up Portfolio With Turmeric Line
The brand will launch turmeric versions of their existing products, including its syrups, spreads, cooking sauces and gin-gins candies. Ginger People will also launch a new powdered turmeric latte mix.
TSG Consumer Partners Takes Minority Stake in Nuun
Private equity firm TSG Consumer Partners has acquired a minority stake in Nuun, a Seattle-based brand of hydration tablets and powders, for an undisclosed sum.
Plant-Based Brands Lobby Against Dairy Pride Act
Last week, the 18-month-old Plant Based Foods Association (PBFA), in collaboration with the Soyfoods Association and Good Food Institute, hosted its first fly-in lobbying week in Washington, D.C. Representatives from dairy alternative producers including MALK, Good Karma Foods, New Barn and Oatly traveled to Washington to meet on Wednesday.
Juice Press Makes Travel Play at NYC Airports
Juice Press’s Almond Cacao Energy Bar and Mint Chip Energy Bar are now available in LaGuardia, John F. Kennedy, and Newark Liberty International airports.