Food manufacturers in Malaysia, including Coca-Cola and PepsiCo, have responded to the upcoming 2019 introduction of sugar taxes on drinks and juice ‘with concern’, saying that this is ‘not an effective policy response’ to combat obesity and chronic disease.
As the largest shareholder in Monster Beverage, Coca-Cola struck a non-competing deal with it when it comes to energy products. Now the two companies have a difference of opinion over Coke’s plans to release new energy drinks in 2019.
Oregon looks set to reject Measure 103 – which would institute a pre-emptive ban on new soda taxes; while voters in Washington appear likely to approve a similar measure (I-1634), based on the latest results from yesterday’s midterm elections.
Malaysia will impose an excise sugar tax on sugar-sweetened beverages starting April 1 2019, in an effort to combat rising overweight and obesity levels in the country - but experts are less than optimistic about its efficacy.
Coca-Cola has been on an acquisition spree: buying coffee shop chain Costa, French fruit drink Tropico, and Australian kombucha Mojo; alongside minority investments in sports brand Bodyarmor and smoothie and juice company Made Group. So how will these...
Organic wellness shot brand Vive Organic has raised $7m in a Series A round led by Powerplant Ventures and supported by Blueberry Ventures along with individual investors including KeVita cofounder Bill Moses and Koia CEO Chris Hunter.
Canada is the second country in the world to legalise recreational marijuana after Uruguay, where adults can carry and share up to 30 grams of dried cannabis and operate up to four homegrown marijuana plants per household, in most provinces.