Distribution

While operating for 10 years in the cannabis industry, Punch Edibles and Extracts has built an expansive portfolio, established a co-manufacturing business and has recently acquired Tempo Crackers to meet consumers in the savory categories.

Meati announced a trio of big moves today, headlined by the closing of a $100 million investment led by Grosvenor Food & AgTech.

In this distribution roundup: Daily Harvest continues its brick and mortar expansion, Fishwife launches nationwide with Whole Foods, YUMI adds Walmart to its growing door count and more.

Los Angeles-based private equity firm Butterfly is restructuring Bolthouse Farms, separating its produce segment from its fresh juice and salad dressing business.

Banking on the success of low-dose beverages, the cannabis edibles category is circumventing the regulated market and expanding into hemp-derived THC to reach new consumers in regions where adult-use dispensaries are not accessible.

The CPG industry has taken many approaches to reducing packaging waste. Circular models have emerged as an idealistic solution for one simple reason: there’s no waste created.

When Outfox Hospitality abruptly shuttered its doors earlier this week, it left a lot of CPG brands caught in the fray, including many emerging brands and new product concepts. Many of them feel as if the industry has lost a major stepping stone account.

As a supplier for all Foxtrot locations since the launch of the innovative convenience store concept, this week’s announcement of the chain’s abrupt closure was no small thing for Pod Foods.

The CPG Week team dives into the fallout from the sudden closure of Outfox Hospitality which operates the Foxtrot and Dom’s Kitchen & Market grocery chains and tries to unpack what this means for the retail environment for CPG brands.

Wilde Protein Chips announced today it had secured over $20 million in a round that will go towards supporting the brand’s growth trajectory with existing distribution partners.