Coca-Cola Considers Moving Into Cannabis Market

  • 6 years ago
Coca-Cola Considers Moving
Into Cannabis Market According to a report from BNN Bloomberg Television, Coca-Cola is in talks with Canadian marijuana producer Aurora Cannabis about developing CBD-infused drinks. CBD is the non-psychoactive compound in marijuana that is suggested to treat pain, inflammation and anxiety but won't get you high. Kent Landers, Coca-Cola spokesman, to Bloomberg News If Coca-Cola
decided to jump on the
cannabis bandwagon, Constellation Brands Inc. (brewer of Corona beer), Molson Coors Brewing Co., Lagunitas and Diageo PLC (maker of Guiness) have all announced plans to produce cannabis-infused beverages. While no definite plans have been made at this time, Aurora Cannabis spokeswomen Heather MacGregor told BNN Bloomberg that the cannabis producer
is interested in the infused-beverage market. Aurora is the third-largest marijuana company in Canada, with a market value of C$8.7 billion.

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