News
Food and beverage industry news.
FDA Sends Warning Letter to Whole Foods for “Repeated Recalls”
In an unprecedented step, the FDA today announced via a news alert that it had sent a warning letter to Whole Foods Market for “engaging in a pattern” of receiving and selling misbranded store brand food products that did not carry appropriate allergen warnings.
After Focusing on “Consistency,” Kite Hill Launches New Lines
Technology has begun to catch up to plant-based dairy. As alternatives to traditional yogurt, ice cream, and cheese have entered the market en masse, variety has been restricted by manufacturing advances. But plant-based category leader Kite Hill is betting that process improvements will allow it to fully realize the benefits of a slate of new products for 2021.
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Peckish Acquired, Sonoma Brands Invests in New Owner
An emerging new brand is flying the coop. Snackable egg concept Peckish has been acquired by Egg Innovations in an all stock deal. As part of the transaction, former Peckish owner and creator Sonoma Brands has become an equity holder in Egg Innovations, which also is the owner of the Blue Sky Family Farms line… Read more »
Aphria to Merge with Tilray, Create World’s Largest Cannabis Company
Just two weeks after closing on the acquisition of Atlanta’s Sweetwater Brewing Company, Canadian cannabis company Aphria has reached an agreement to merge with Tilray, forming the world’s largest cannabis company valued at $3.8 billion.
NOSH Announces Best of 2020 Award Winners
NOSH honors the companies, brands, individuals, products, ideas and trends that shaped the natural food landscape during a year of unprecedented challenges and disruption.
Superfood Dressing and Snack Brand Greenjoy Announces Closing
Greenjoy CEO and founder Jenny Cawthon announced last week that the superfood dressing and snack brand was closing. The South Carolina-based brand decided to end its eight year run following expensive operational issues at the end of last year compounded by the tepid investment landscape at the beginning of the pandemic.
Remilk Raises $11.3M to Expand Production of Animal-Free Dairy Proteins
Israel-based alt-dairy start-up Remilk announced yesterday it has raised $11.3 million to expand production and distribution capabilities of its animal-free proteins in preparation for commercial launch as an ingredient supplier in the U.S. and other global markets.
NOSH Live is Back for Day 2! Access the Virtual Venue.
The NOSH Live Winter 2020 — taking place on Dec. 14-16 — features some of the leading executives and thought leaders in the industry over the three-day conference. Access the event venue.
Distribution Roundup: Outer Aisle Hits More Shelves; Hooray Foods Debuts in Whole Foods
In the latest distribution news, Outer Aisle adds 2,200 new doors, Hooray Foods debuts its plant-based bacon in Whole Foods, Ithaca Hummus brings four flavors to Sprouts nationwide and Catalina Crunch launches new flavors of its keto-friendly cereal in retail.
The Checkout: Serenity Kids, Gotham Greens and More Announce Investment Deals
In this week’s investment-focused Checkout, Serenity Kids raises $3 million to add to its executive team and launch new products; TerraCycle closes a $25 million funding round to grow reusable CPG platform Loop; Gotham Greens brings in $87 million to expand operations; and My/Mo Mochi secures investment from Bregal Partners.