Guangzhou Gump Come Company has raised funding from venture capital firms Walden International, Baidu Ventures, and DT Capital Partners in a series B round.
Puration is planning to launch cannabis-infused beverage in Canada in July next year.
US-based producer of cannabis-infused beverages Tarukino has further expanded its lineup with the addition of six new products.
US-based spirits company Milestone Brands has expanded its portfolio by acquiring the rights of orange liqueur Naranja from Pura Vida and its chairman Stewart Skloss.
PAI and bcIMC to acquire beverage firm Refresco for €1.6bn, Bogart Spirits unveiled new limited edition whiskey. Drinks-insight-network.com wraps the the key news stories from October 2017.
Philippine conglomerate San Miguel is set to combine its food, beer, and liquor businesses into a single unit under share-swap transaction valued at PHP336.35bn ($6.6bn).
Empire Distributors has distributed Dalton Distillery’s TazaRay Sunflower Spirits in Tennessee, US.
Suntory Beverage & Food Asia has signed an agreement to acquire a 51% share in International Refreshment (Thailand), a beverage operation of PepsiCo.
Juice powder concentrates manufacturer The Juice Plus+ Company has launched a plant-based blend of oils containing omega 3, 5, 6, and 7, as well as 9 fatty acids.
Beverages seller, producer, and distributor Swire Coca-Cola USA has completed an acquisition of the Coca-Cola Production Center in Denver, Colorado.