Canada legalizes use of cannabis creating opportunity for food and drink

CANADA - Canada has become the second country after Uruguay to fully legalize use of cannabis for recreational purposes, presenting the food and beverage industry a pool of opportunities to explore. The move fulfils a long-time manifesto promise of Liberal prime minister Justin Trudeau. The C-45 Bill, passed in the Canadian senate, grants regional provinces…

Vita Coco announces acquisition of Runa organic company

USA - All Market Inc. (AMI), the parent company of coconut water maker Vita Coco, today announced the acquisition of Runa, an organic energy drink brand made with the guayusa leaf. Runa, founded in 2009 by college buddies Tyler Gage and Dan MacCombie, produces eight-SKU line of energy drinks made from organic guayusa, a naturally…

France’s Malteries Soufflet Group to invest US$50m in a new malting factory in Ethiopia

ETHIOPIA - Malteries Soufflet, the malting division of the French family-owned business Soufflet Group plans to build US$50 million malt processing plant in Bole Lemi Industrial Park, Ethiopia. The plant, sitting on a 10,000sqm site will have a capacity of 60,000tn of malt a year, according to an article by the Fortune. The malting factory…

Food, Medicine Authority to decentralize for efficiency in product regulation

ETHIOPIA - The Food, Medicine Authority of Ethiopia considers decentralizing after the government revealed plans to re-establish the federal authority with a focus on product regulations, leaving services to other agencies, reported the Fortune. With the new bill awaiting approval and endorsement by parliament, the country seeks to restructure the Food, Medicine & Health Care…

Tanzania liquor manufacturers lauds proposal for electronic tax stamps

TANZANIA - Alcoholic beverages manufacturers of Tanzania have expressed their confidence in the proposal to introduce electronic tax stamps set to replace the paper stamps currently used, reported the Citizen. The manufacturers said they were embraced with the government's 2018/19 budget which gave provision to stop illegal production of liquors or those that could reach…

Coca-Cola Ghana wins bottling and manufacturing company of the year awards

GHANA - The Cola-Cola Bottling Company of Ghana (TCCBCG) has been named the “Bottling Company of the Year” and the “Beverage Manufacturing Company of the Year (non-alcoholic)” at the Ghana Manufacturing Awards held in Accra on May 24. It recommends the Coca-Cola bottler for achieving sustainable growth, becoming once again, the best beverage company in…

Heineken announces plans to invest US$58.25m in UK pubs

UK - Heineken, the world’s second largest brewer, has announced plans to pour US$58.25 million into the UK’s struggling pubs to fund fund 140 projects and upgrades. According to the company, its British arm will invest the money into around 500 of the 2,900 pubs owned by its Star Pubs & Bars unit, with the…

Carlsberg considers Indian Listing to tap growing market for ‘foreign beer’

INDIA- Danish global brewer, Carlsberg Group is planning for local listing for its Indian operations in a bid to grow its market share in the beer business dominated by United Breweries. According to an article by the Bloomberg, Carlsberg may be attracted by the high valuations in the Indian stock market, where United Breweries trades…

Carlsberg India introduces a beer crafted ‘Carlsberg Smooth’

INDIA - Carlsberg India, the global brew company that produces and supplies beer, has announced the launch of Carlsberg Smooth, a premium mild beer made with the finest European Barley for a rich and smooth taste. According to the company, the new brew is a combination of classic and modern portfolio, with superior quality from…

AB InBev’s Nigerian Subsidiary Int’l Breweries restructures its board

NIGERIA - International Breweries Plc (IB Plc), the company unit of the world’s biggest brewer AB InBev has announced major restructuring of its Board of Directors after completing a three-way merger with Intafact Beverages Limited and the Pabod Breweries Limited. The Board has appointed Igwe Nnaemeka Alfred Achebe as its new chairman to succeed Sunday…