Molson Coors, Chicago, and L.A. Libations, El Segundo, Calif., announced a multiyear partnership that includes a significant minority equity investment by Molson Coors in L.A. Libations as well as category-exclusive access to the company's services. Molson Coors also will hold two seats on the L.A. Libations board.

Constellation Brands Inc., Victor, N.Y., acquired a minority stake in the parent company of Mezcal El Silencio, a specially crafted, Los Angeles-based mezcal label and leader in the category.

PepsiCo Inc., Purchase, N.Y., announced the launch of its Nutrition Greenhouse accelerator program in North America, an innovation initiative designed to discover and support emerging brands in the food and beverage sector. The North American program follows the launch of PepsiCo's Nutrition Greenhouse in Europe, now in its second year.

Los Angeles-based Cave Shake, innovator of a ready-to-drink (RTD) ketogenic shake, announced its partnership with beverage accelerator L.A. Libations.

RETHINK Brands, Columbia, Md., announced it received a $6.7 million investment from funding efforts led by New York-based AccelFoods, LLC, to expand its RETHINK Kids Water beverage line. 

Constellation Brands, Victor, N.Y., has signed an agreement to acquire a minority stake in Ontario, Canada-based Canopy Growth Corp., a provider of medicinal cannabis products.

Los Angeles-based Koia, a manufacturer of plant-based protein beverages, announced that it has closed on $7.5 million of Series Seed capital in a funding round led by KarpReilly, alongside existing institutional investor AccelFoods.