Coca-Cola considering cannabis beverages

Coca-Cola in Talks to Make Marijuana-Infused Soft Drink

The sources said that Coca-Cola (KO.N 0.02%), the world's largest beverage company, is interested in developing beverages that are infused with cannabidiol, commonly referred to as CBD, the non-psychoactive chemical found in marijuana plants.

Reports from Bloomberg indicate that Atlanta-based Coca-Cola may be looking at getting into cannabis-based beverages, but the beverage giant denied those reports in a statement released Monday. "No decisions have been made at this time", Coke added. 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.

The news follows a month-long span in which pot stocks have been heating up, in part due to news mid-August of a new deal struck between Canopy Growth and beer and alcohol company Constellation Brands, a $5 billion investment from the beverage giant. Cannabis companies from the US - where marijuana remains illegal at the federal level - have flocked to Canada to raise funds and establish businesses there.

Last month Canopy shook up the industry after USA alcohol giant Constellation Brands invested another $5 billion in the pot producer for a almost 40 per cent stake.

Trump slams Sessions again: ‘I don’t have an attorney general’
As speculation continues to swirl on whether Trump will fire Sessions, the president declined to provide a straightforward answer. "It's very sad", Trump told Hill.TV in an extensive and freewheeling interview Tuesday from the Oval Office.

Coca-Cola and Aurora Cannabis Inc. both declined to confirm the reports by BNN Bloomberg.

Soft drinks corporation Coca-Cola is in talks with a cannabis producer to develop marijuana drinks.

"It was only a matter of time before the major beverage companies came in, not only from the alcohol but the Coca-Cola, Pepsi Cola side of the fence", Booth told BNN Bloomberg Monday. She said she would not be surprised to hear of a similar deal by PepsiCo for its Gatorade drink. "There are different viewpoints on a product category, and you don't want to offend too much", Dibadj said.

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