Coca-Cola Is in Talks to Make Marijuana-Infused Drinks

"Along with many others in the beverage industry, we are closely watching the growth of non-psychoactive CBD as an ingredient in functional wellness beverages around the world", said a Coke statement, per MarketWatch. "No decisions have been made at this time", Coke added.

Bloomberg says that the multi-national corporation is in talks with Aurora Cannabis to develop a beverage infused with CBD.

Last month, Corona beer maker Constellation Brands Inc. announced plans to increase its stake in another Canadian marijuana producer, Canopy Growth Corp.to $10 billion, while Molson Coors Brewing Co. said it started a joint venture with Hydropothecary Corp.to develop non-alcoholic, cannabis-infused beverages in Canada. The company is the world's largest beverage maker, responsible for 1.9 billion of the 60 billion beverage servings every day.

The discussions, which are said to be "serious", concern a line of drinks that would contain the non-psychoactive cannabidiol chemical, meaning consumers wouldn't drink the beverages to catch a buzz but rather to ease pain or inflammation. (KO) is exploring an entry into marijuana-infused beverages market, according to BNN Bloomberg.


Since Canada just legalized recreational marijuana, manufacturers have been showing more and more interest in producing cannabis-infused products. Coca-Cola shares were marginally higher in a US market struggling against expectations of another round of Chinese trade tariffs.

Although Canada is gearing up to legalize marijuana for recreational use on October 17, beverages infused with the plant's active ingredients won't be legal until sometime in 2019. It is the non-psychoactive chemical component of marijuana used for medicinal objective which doesn't produce the high that usually comes from tetrahydrocannabinol (THC).

In a clarification, Coca-Cola stated on Monday, "We have no interest in marijuana or cannabis".

A source told BNN Bloomberg Television that the two companies are "pretty advanced down the path" of forging a deal.


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