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In this episode:
This week on the podcast, Nosh managing editor Monica Watrous and senior reporter Brad Avery talk about Recess' new funding round and leadership addition, a premium bourbon brand on the block, and new cash for Robert Downey Jr.'s coffee brand. The podcasters also discuss the closure of an alt-cheese maker and the surge in demand for gummy formats in supplements and in candy.
Show Highlights:
0:15 - Recess Drinks has closed a $30 million Series B round led by CAVU and other repeat investors and named a new leader. Brad breaks it all down.
1:50 - Pour one out for Four Roses? Japan's Kirin Holdings is looking to unload the bourbon brand for $1 billion. Monica explains.
3:40 - L.A. Libations' Taste Tomorrow Ventures has made a strategic minority investment in happy products, the coffee brand co-founded by CPG industry veteran Craig Dubitsky and actor Robert Downey Jr.
5:15 - Stockeld Dreamery, a venture-backed Swedish producer of plant-based cheese, has shuttered after six years in business. What went wrong?
6:25 - A fiber brand gets gummy. Speaking of gummies, the kids are low key obsessed. Trade show mascots… scarier than Halloween costumes? Discuss.
About CPG Week
CPG Week is the podcast that explores the latest happenings in the consumer packaged goods industry. Join our seasoned reporting team as they dish out the week's stories in quick, easy-to-digest episodes. Catch up on the top headlines of the week, dive into exclusive insights with the BevNET and Nosh teams, and set yourself up to make more informed business decisions. Tune in to stay up-to-date on the latest developments in the dynamic world of packaged food and beverage.
New episodes are released every week. Send us comments and suggestions anytime to cpgweek@nosh.com.
