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Get a taste of the latest Food and Beverage market news in our newsroom. From industry trends and product innovations to supply chain updates and market insights, we provide everything you need to stay informed in this dynamic and flavorful sector


Latest Press Releases

GFI Announces Wind-Down of Operations
Food & Beverage ProductsCompany Update

GFI Announces Wind-Down of Operations

May 7, 2024 8:00 AM

TORONTO, ON / ACCESSWIRE / May 7, 2024 / Global Food and Ingredients Ltd. (TSXV:PEAS) ("GFI" or the "Company"), today announced plans to commence an orderly wind-down of its business operations. The wind-down is a result of recent macro-economic events, which have caused GFI to experience challenges in purchasing adequate supplies of raw material inputs for its processing assets, which has resulted, and is expected to continue to, result in a...

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Gaucho Group Holdings, Inc. Observes Notable Surge In Buenos Aires Real Estate Market
Food & Beverage ProductsCompany Update

Gaucho Group Holdings, Inc. Observes Notable Surge In Buenos Aires Real Estate Market

May 6, 2024 9:15 AM

Recent Data Reveals Strongest Price Increase in Six Years, Signifying Robust Market Dynamics MIAMI, FL / ACCESSWIRE / May 6, 2024 / Gaucho Group Holdings, Inc. (NASDAQ:VINO), a company that includes a growing collection of e-commerce platforms with a concentration on fine wines, luxury real estate, and leather goods and accessories (the "Company" or "Gaucho Holdings"), today announced its analysis and response to recent data showing that...

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Southern California Wine Visionaries Phil and Carol Baily of Baily Winery Inducted Into the Temecula Valley Wine Country Hall of Fame
Food & Beverage ProductsAwards

Southern California Wine Visionaries Phil and Carol Baily of Baily Winery Inducted Into the Temecula Valley Wine Country Hall of Fame

May 6, 2024 8:00 AM

The Temecula Valley Winegrowers Association also recognizes industry veterans Joe Vera and Billy Bower with Lifetime of Dedication awards at recent Grape Day event TEMECULA, CA / ACCESSWIRE / May 6, 2024 / The Temecula Valley Winegrowers Association (TVWA) today announced the induction of two wine country visionaries into the TVWA Hall of Fame at this year's annual Grape Day event: Phil and Carol Baily, founders of Baily Winery in Temecula...

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One of Canada's Fastest Growing Health and Wellness Retail Chains Adds bettermoo(d)'s Moodrink(TM) to its 33 stores in Eastern Canada
Food & Beverage ProductsCompany Update

One of Canada's Fastest Growing Health and Wellness Retail Chains Adds bettermoo(d)'s Moodrink(TM) to its 33 stores in Eastern Canada

May 3, 2024 7:25 PM

VANCOUVER, BC / ACCESSWIRE / May 3, 2024 / bettermoo(d) Food Corporation (CSE:MOOO)(OTCQB:MOOOF)(Frankfurt:0I5A, WKN:A3D8PP) (the "Company" or "bettermoo(d)"), an emerging leader and innovator in the plant-based food industry, is pleased to announce that one of Canada's fastest growing health and wellness retail chains (the "Retail Chain") will list the Company's dairy alternative beverage Moodrink™ (the "Product") in 33 stores across Ontario,...

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Nepra Foods Announces Filing of March 31, 2023, Audited Financial Statements
Food & Beverage ProductsCompany Update

Nepra Foods Announces Filing of March 31, 2023, Audited Financial Statements

May 3, 2024 3:55 PM

NEPRA FOODS ANNOUNCES FILING OF MARCH 31, 2023, AUDITED FINANCIAL STATEMENTS, MD&A AND THREE SUBSEQUENT QUARTERLY FINANCIAL STATEMENTS AND MD&As VANCOUVER, BC / ACCESSWIRE / May 3, 2024 / Nepra Foods Inc. (CSE:NPRA)(FSE:2P6)(OTC PINK:NPRFF) ("Nepra Foods" or the "Company"), is pleased to announce that on May 1, 2024, the Company filed its audited consolidated financial statements for the fifteen months ended March 31, 2023, and the twelve months...

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Diageo PLC Announces Nik Jhangiani to Join Diageo as CFO
Food & Beverage ProductsRegulatory

Diageo PLC Announces Nik Jhangiani to Join Diageo as CFO

May 3, 2024 2:00 AM

Diageo plc ('Diageo') today announces that Nik Jhangiani will join the company as Chief Financial Officer, taking up the position and joining Diageo's Board and Executive Committee in Autumn 2024. Lavanya Chandrashekar will step down from the Executive Committee and Board at the same time after three years as Chief Financial Officer and six years with the company, and will return to the US. Nik Jhangiani is currently Chief Financial Officer at...

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Coca-Cola Europacific Partners plc Announces Resignation of Chief Financial Officer
Food & Beverage ProductsRegulatory

Coca-Cola Europacific Partners plc Announces Resignation of Chief Financial Officer

May 3, 2024 2:00 AM

Nik Jhangiani, CFO, has informed the Company of his intention to join Diageo plc as CFO later this year. CCEP expects to make an announcement about his successor in the near future, following a thorough search with strong candidates already identified. Nik will remain in role to ensure an orderly and effective transition. Damian Gammell, CCEP CEO said: "I have been privileged to work closely with Nik for nearly a decade and I want to thank him...

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Planting Hope (MYLK) Announces Receipt of Management Cease Trade Order (MTCO)
Food & Beverage ProductsRegulatory

Planting Hope (MYLK) Announces Receipt of Management Cease Trade Order (MTCO)

May 2, 2024 9:25 AM

CHICAGO, IL and VANCOUVER, BC / ACCESSWIRE / May 2, 2024 / The Planting Hope Company Inc. (TSXV:MYLK)(OTCQB:MYLKF)(FRA:J94) ("Planting Hope " or the "Company") is pleased to announce that, further to its news release dated April 26, 2024, the British Columbia Securities Commission, as principal regulator, has granted the Company a management cease trade order ("MCTO") in respect of its delay in filing its audited annual financial statements,...

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RAVE Restaurant Group, Inc. Reports Third Quarter 2024 Results
Food & Beverage ProductsEarnings

RAVE Restaurant Group, Inc. Reports Third Quarter 2024 Results

May 2, 2024 9:01 AM

DALLAS, TX / ACCESSWIRE / May 2, 2024 / RAVE Restaurant Group, Inc. (NASDAQ:RAVE) today reported financial results for the third quarter of fiscal 2024 ended March 24, 2024. RAVE Restaurant Group Logo RAVE Logo for Pie Five and Pizza Inn Third Quarter Highlights: The Company recorded net income of $0.7 million for the third quarter of fiscal 2024 compared to net income of $0.3 million for the same period of the prior year. Income before taxes...

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NextGen Food Robotics to File Amended Interim MD&A
Food & Beverage ProductsCompany Update

NextGen Food Robotics to File Amended Interim MD&A

May 1, 2024 7:35 PM

NextGen Food Robotics Corp. (the "Company" or "NextGen") (CBOE:NGRB)(OTC PINK:NGRBF)(Frankfurt:O83) announces that, pursuant to Section 11.5 of National Instrument 51-102 - Continuous Disclosure Obligations, as a result of a review by the British Columbia Securities Commission, it plans to amend and refile its interim management's discussion and analysis ("MD&A") for the three and nine months ended January 31, 2024 (as amended, the "Amended...

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Mosaic Announces First Quarter 2024 Results
Food & Beverage ProductsEarnings

Mosaic Announces First Quarter 2024 Results

May 1, 2024 4:35 PM

TAMPA, FL / ACCESSWIRE / May 1, 2024 / The Mosaic Company (NYSE:MOS) released its financial results for first quarter 2024. The company's earnings release and supplemental materials are available at https://investors.mosaicco.com/financials/quarterly-results. Mosaic will present a fireside chat addressing investor questions during a conference call on Thursday, May 2 at 11:00 a.m. Eastern Time, accessible both through Mosaic's website at...

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Organto Granted Management Cease Trade Order
Food & Beverage ProductsCompany Update

Organto Granted Management Cease Trade Order

May 1, 2024 4:30 PM

VANCOUVER, BC and BREDA, NETHERLANDS / ACCESSWIRE / May 1, 2024 / Organto Foods Inc. (TSX-V:OGO)(OTCQB:OGOFF) ("Organto" or the "Company"), a leading provider of organic and non-GMO fruit and vegetable products today announces that further to its April 16, 2024 news release (the "Announcement"), its principal regulator, the British Columbia Securities Commission, has accepted the Company's application for, and has granted, a management cease...

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Sara Lee Frozen Bakery Unveils Strawberry Angel Food Cake for Foodservice
Food & Beverage ProductsProduct Announcements

Sara Lee Frozen Bakery Unveils Strawberry Angel Food Cake for Foodservice

May 1, 2024 10:00 AM

The new product launch is a sweet twist on a nostalgic dessert favorite OAKBROOK TERRACE, IL / ACCESSWIRE / May 1, 2024 / Sara Lee Frozen Bakery is excited to announce the launch of the newest addition to their Foodservice dessert portfolio: Sara Lee® Strawberry Angel Food Cake. Developed with the same care and quality that SLFB is known for, this dessert innovation is moist, delicious, and sure to be a crowd pleaser. Sara Lee(R) Strawberry...

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Gaucho Group Holdings Announces Completion of Reverse Stock Split
Food & Beverage ProductsCompany Update

Gaucho Group Holdings Announces Completion of Reverse Stock Split

May 1, 2024 9:15 AM

Gaucho Group Holdings, Inc. (NASDAQ:VINO), a company that includes a growing collection of e-commerce platforms with a concentration on fine wines, luxury real estate, and leather goods and accessories (the "Company" or "Gaucho Holdings"), today announced the completion of its reverse stock split, which took effect at 12:01 a.m. on May 1, 2024. This corporate action follows the detailed announcement made on April 29, 2024, and is part of a...

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Worthy Cause Expands Mission With Launch of Two Social Enterprise Cafes
Food & Beverage ProductsCompany Update

Worthy Cause Expands Mission With Launch of Two Social Enterprise Cafes

April 30, 2024 8:30 PM

MELBOURNE, AUSTRALIA / ACCESSWIRE / April 30, 2024 / Worthy Cause, a renowned Melbourne-based charity dedicated to empowering individuals overcoming adversity, is proud to announce the expansion of its mission with the launch of two new social enterprise cafés: New Grounds. These cafés represent a significant step forward in providing holistic employment opportunities and vocational training for vulnerable individuals in the community....

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Wildpack Beverage Announces Quarter 1, 2024 Highlights and Reports Q4 and Annual 2023 Financial Results
Food & Beverage ProductsEarnings

Wildpack Beverage Announces Quarter 1, 2024 Highlights and Reports Q4 and Annual 2023 Financial Results

April 30, 2024 4:27 PM

Wildpack Beverage Inc. (TSXV:CANS) (" Wildpack Beverage " or the " Company ") a leading middle market co-packer of canned goods announced key performance indicators (all currency amounts in USD) for Quarter 1, 2024. The Company reported confirmed customer sales orders amounting to $17.04 million, with confirmed sales orders reaching 978. The current 12-month run rate for customer confirmed orders is $83.41 million. Wildpack Beverage's total...

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Celebrate Cinco De Mayo With Margaritas and Palomas From the Fever-Tree Mixer Truck in NYC
Food & Beverage ProductsProduct Announcements

Celebrate Cinco De Mayo With Margaritas and Palomas From the Fever-Tree Mixer Truck in NYC

April 30, 2024 10:00 AM

NEW YORK, NY / ACCESSWIRE / April 30, 2024 / This Cinco De Mayo weekend, Fever-Tree is bringing back its famed Mixer Truck to ensure that New Yorkers get the best mixers for their cocktails on Cinco de Mayo and beyond. The Fever-Tree Mixer Truck will serve complimentary specially crafted zero-proof Margaritas and Palomas, showcasing its Classic & Light Margarita Mix and its Sparkling Pink Grapefruit mixer. Utilizing only the finest naturally...

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Quicklly and Visa Join Forces to Deliver Next-Gen Cross-Border Payment Solutions
Food & Beverage ProductsPartnerships

Quicklly and Visa Join Forces to Deliver Next-Gen Cross-Border Payment Solutions

April 30, 2024 9:00 AM

This collaboration aims to address the pressing need for quick, efficient and convenient cross border transactions, particularly for individuals with family and friends in India. CHICAGO, IL / ACCESSWIRE / April 30, 2024 / In response to the growing demand, Quicklly, the #1 South Asian Marketplace, and Visa, a world leader in digital payments, have joined forces to launch a cross-border remittance solution to India with real-time1 capabilities....

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Mosaic Enters Share Purchase and Subscription Agreement with Ma'aden
Food & Beverage ProductsPartnerships

Mosaic Enters Share Purchase and Subscription Agreement with Ma'aden

April 30, 2024 6:00 AM

TAMPA, FL / ACCESSWIRE / April 30, 2024 / The Mosaic Company (NYSE:MOS) announced today that it has entered into an agreement with the Saudi Arabian Mining Company ("Ma'aden") under which Mosaic will receive 111,012,433 shares of Ma'aden valued at approximately $1.5 billion in exchange for Mosaic's current 25 percent stake in Ma'aden Wa'ad Al Shamal Phosphate Company, a joint venture among Mosaic, Ma'aden and Saudi Basic Industries Corporation....

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Planting Hope (MYLK) Announces Debt Reorganization and Update to Private Placement
Food & Beverage ProductsFinancing

Planting Hope (MYLK) Announces Debt Reorganization and Update to Private Placement

April 26, 2024 9:00 PM

CHICAGO, IL and VANCOUVER, BC / ACCESSWIRE / April 26, 2024 / The Planting Hope Company Inc. (TSXV:MYLK)(OTCQB:MYLKF)(FRA:J94) ("Planting Hope " or the "Company") is pleased to announce that it is proposing the reorganization and settlement (the "Settlement") of convertible debentures held by arm's length parties to the Company with an aggregate principal amount of up to approximately C$7,102,460 (approximately C$7,351,760.11 inclusive of...

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