It takes a lot of time and effort, and you’ll need to invest lots of time and energy researching beverage companies and the trends of the stock market to determine which ones are best suited to your portfolio—buying an alcohol stock forces you to make bets on a single company in a portfolio with several types of alcohol. But, from stocks to private companies, there is a way you can get your money going in the right direction.
Beverage stocks are better represented by the S&P Food and Beverage Specialty Index, although this index also includes companies selling alcohol. As a result, the food and beverage industry in the stock market is generally considered defensive.
This industry includes companies making, selling, and distributing beer and ales, distilled spirits and wines, soft drinks, carbonated and spring waters, and other non-alcoholic beverages. The industry is one big pie, with many slices and many companies competing for consumers’ grocery dollars. However, the best food companies have powerful brands that make consumers willing to pay for their products and economies of scale that keep costs down.
Best Beverage Stocks in Canada
They are increasingly choosing the beer stocks of companies such as Boston Beer Company — which has craft beers, hard stouts, and ciders in its portfolio — over the mass-market brewers. The recent consumer preferences toward craft beers and higher-end spirits and wines have been good for companies like Boston Beer Company, driving their stock price appreciation.
Boston Beer Company
Boston Beer Company’s major spirits brands are Samuel Adams, Twisted Tea, Angry Orchard, and Truly Hard Seltzer. Big Rock Brewery (BR) $44.6M 34.74% Big Rock Brewery, Inc. produces, markets, and distributes craft beer, cider, and ready-to-drink beverages, primarily in Canada. Molson Coors Canada (TPX.B) $14.16 billion 13.18 % Molson Coors Canada Inc. produces, markets, markets, and distributes various beer brands in Canada.
Among companies on our list, Molson Coors Canada Inc. entered into a partnership with Gatineau-based Hexo Corp. in 2018; their joint venture, Truss CBD USA, launched Verywell, a sparkling CBD water, earlier this year. As well, OrganiGram Holdings, the parent of Organigram Inc., Canada’s leading cannabis producer, announced the launch of Monjour, a new wellness brand from the company offering high-quality, CBD-forward products to consumers looking for simple, affordable ways to include cannabidiol (CBD) into their everyday wellness routine. Finally, canopy Growth, a leading global diversified cannabis, hemp and cannabis device company, announced two new product offerings from its Deep Space brand: Limon Splashdown, a lemon-lime flavour that extends the existing 10 mg THC-infused beverage offerings, and Deep Space XPRESS, Canopy Growths first single 10 mg THC gummy offering in Canada.
Canopy Growth, world-leading diversified cannabis, hemp, and cannabis device company, announced two new product offerings from its Deep Space brand – Limon Splashdown, a lemon-lime flavour that extends the existing 10mg THC-infused beverage offering, and Deep Space XPRESS, Canopy Growth’s first single 10mg THC gummy offering in Canada. In recent years, Clearing Canadian’s brand has been joined by Reebok Fitness Water Beverages, vitamin-enhanced beverages made with the footwear maker’s own licensing; Tre Limone, a drink flavour flavoured with lemon, ginger, and spices; and Clearing Canadian O+2, bottled water with a few times more oxygen than regular water. The company’s beverages, made through a Molson Coors joint venture, are a vital part of the company’s growth strategy. The company’s non-alcoholic beverages business is comprised of its manufacturing and agreements with PepsiCo, as well as operations by the combined company Ambev SA (ABEV) PepsiCo.
The company’s brand portfolio includes Pillsbury, Cheerios, Haagen-Dazs, Progresso, Green Giant, Yoplait, and several others. Co-founder and CEO Sebastien St. Louis spoke to New Cannabis Ventures about the company’s purchase of Zenabis Global. Zenabis Global, US strategy, and the opportunity for beverages. Zenabis also has a GMP-compliant facility located in the European Union, Malta, giving the company greater access to international markets. HEXO will opportunistically pursue larger wholesale orders to other markets, but much of its energy is focused on becoming a triple-A U.S.-based company.
With its best-known brands, Molson Coors should retain a powerful price power that continues to aid its margins growth over time. Large Canadian grocery stocks often do well in poor and strong economies because companies pursue low-margin, high-volume strategies. Tyson does not have the price power of packaged-foods companies with established brands, considering meat is primarily a commodity. Loblaws has over 2,500 stores, and the grocery company’s ability to survive in virtually any economic environment can be attributed to its compelling brands, whether associated with premiums or discounts.
Summer is the time for refreshing, cooling beverages, and plenty of those are fresh and made by publicly traded Canadian companies. We used the StockCalcs screening tool to pick beverage companies listed on the Toronto Stock Exchange and the TSX Venture Exchange.
Jamieson Wellness (JWEL) $1.37 Billion — 5.2% Jamieson Wellness Inc. is engaged in developing, producing, distributing, selling, and marketing natural health products in Canada and internationally.
Class A shares were issued to certain shareholders by McBCs indirect subsidiaries as part of the merger of Molson Inc. with Adolph Coors Company in February 2005.
Over the following years, it’s existing public companies undertook rapid expansion in their distribution areas, reaching complete penetration of Canada and the United States and reaching Japan and England. Donald Mason renamed his existing publicly-traded company International Beverage Corporation. They began producing “Clearly Canadian,” a product with a flavour made with spring water, natural ingredients, and fewer sugars than a typical soft drink. Early 1998 saw the company expanding imports into Europe and introducing a new brand of beverage, REfresher, produced in the company’s Washington, D.C., facility, located near British Columbia on the U.S.-Canadian border.
Struggling to find its feet in a $10-billion alternative drink market that had begun more or less under its feet, the company was now winding down non-profit lines and focusing again on its core brands, alongside the new sports waters under the Reebok license. While the end of the COVID-19 pandemic could diminish demand for Mondelezs products, with some household spending shifting back toward restaurants, the company’s stable of iconic snack brands is a crucial competitive advantage.