Is Coca-Cola Making A Marijuana Move?

Coca-Cola is in talks to make marijuana-infused drinks

The world's largest drinks company is in talks with major Canadian marijuana producer Aurora Cannabis, but stressed that it was interested in the properties of cannabis that treat pain but do not get users high.

Coca-Cola is in "serious talks" to develop cannabis-infused drinks as more countries move to legalise the drug.

"The space is evolving quickly", spokesman Ken Landers told Bloomberg.

Spokespeople for the companies declined to comment on the report but acknowledged their interest in that segment of the cannabis market.

A source close to the negotiations between the companies said: 'They're pretty advanced down the path of doing a deal.

Coca-Cola's shares rose marginally in premarket trade on Monday.

Sales in US legal markets should almost triple to $16 billion by 2020 from $5.4 billion in 2015, according to market research firm Euromonitor International, and Constellation says cannabis globally could be worth $200 billion in 15 years.

Kirk Cousins outduels Rodgers in Vikings-Packers tie
According to referee Tony Corrente, the flag was thrown because Matthews "lifted him and drove him into the ground". Matthews even put his left hand down in order to try to brace himself to avoid driving Cousins into the ground.

Hurricane Florence rolls ashore in Carolinas, tears buildings apart
He added that the storm is moving so slowly - approximately five miles per hour - that he will be in the eye for quite a while. The National Weather Service shared images of Union Point on the shore at New Bern before and after the storm surge hit.

Jurgen Klopp rejects advice to prioritise Premier League title
As a United fan, that's a worry because it is still that mentality of "anyone but them". The club he's more interested in.

USA corporations are still tepidly investigating the cannabis market since marijuana is not legal under US federal law.

Interest in the sector from one of the world's most famous brands is another indication of growing corporate acceptance of cannabis products and how Canada is likely to play a central role in future developments.

Coca-Cola, the Atlanta-based soft drink giant, is reportedly in talks about creating a CBD-infused soft drink.

Coke says these cannabis drinks appear to be gaining ground globally.

Another company, Constellation Brands (which makes Corona beer and Svedka vodka) announced in August it is investing $4 billion in Canadian cannabis company Canopy Growth. Among other things, its sells coconut water, prized by many as a recovery drink after a workout. "You don't want to be too far ahead on any curve".

Coca-Cola's efforts to diversify could take it into cannabis territory. Cannabidiol - or CBD - is not a mind-altering or psychoactive substance, while its relative, tetrahydrocannabinol - or THC - is.

In June, America's medicines regulator approved Epidiolex, a British-made epilepsy treatment that contains cannabidiol.

Related news:

Hot News

isis-killer-beheading-video-story-top National Football League defender Davis quits on Bills in mid-game
Sep 18, 2018 - 12:25
"He communicated to us that he was done", coach Sean McDermott said following the Bills 31-20 loss in Week 2 of the season. Davis started his career with the Miami Dolphins, playing three seasons for the franchise that drafted him No. 25 overall.

isis-killer-beheading-video-story-top Yellow Weather Warning In Place For Northern Ireland
Sep 18, 2018 - 11:46
Storm Helene, which was downgraded after initial warnings that it may pose a risk to life, is moving away towards the north east. Storm Helene will travel up the West Coast on Monday and Tuesday, hitting Wales and travelling through parts of the North West.

isis-killer-beheading-video-story-top US$200 billion in Chinese goods officially 'Tariffed!'
Sep 18, 2018 - 11:14
The latest round of imports will face 10 percent tariffs through the end of the year, and then the rate will jump to 25 percent. Bundles of aluminum ingots sit stacked at a China National Materials Storage and Transportation Corp. stockyard in Wuxi, China.

isis-killer-beheading-video-story-top ‘Mrs. Maisel’, ‘Game of Thrones’ win top Emmy honours
Sep 18, 2018 - 10:38
The show was first nominated in 1976, the same year that it took home its first award in the category. Bledel won the guest drama actress award in 2017, while Dowd won supporting then.

isis-killer-beheading-video-story-top Retired Marine Rescues North Carolina Storm Victims in Military Vehicle
Sep 17, 2018 - 17:07
Video from WXII 12 News show the animals struggling to cross a road in neck-deep water in New Bern, North Carolina. That's the new North Carolina record for most rainfall from a single tropical system.

isis-killer-beheading-video-story-top Typhoon Mangkhut: Deadly typhoon takes aim at south China
Sep 17, 2018 - 17:00
Philippine President Rodrigo Duterte, who visited the affected areas yesterday, pledged funds for the recovery efforts. The South China Morning Post said Hong Kong's hospitals had to use backup power due to outages caused by the storm.

isis-killer-beheading-video-story-top Beto O'Rourke: Officer in Botham Jean shooting should be fired
Sep 17, 2018 - 16:53
Jean was killed September 6 at the South Side Flats apartment complex when Guyger mistook his apartment for her own and shot him. He said that unfairly gave the implication this was somehow justified. "My son's life mattered".

isis-killer-beheading-video-story-top Accuser's story of attack roils plan for Kavanaugh vote
Sep 17, 2018 - 15:45
The letter described what she said was Kavanaugh's sudden and brutal assault on her at a high school party in "the early 1980s". The test determined that Ford was being truthful when she said a statement summarizing her allegations, according to the Post .

isis-killer-beheading-video-story-top Hurricane Florence wreaks havoc in US
Sep 17, 2018 - 14:32
By 2 p.m., more than 658,000 customers were without power across North Carolina, and the Triangle had begun to experience outages. In New Bern, along the coast, homes were completely surrounded by water, and rescuers used inflatable boats to reach people.

isis-killer-beheading-video-story-top Hurricane Florence now a Category 3, but remains ‘extremely dangerous’
Sep 16, 2018 - 00:11
A hurricane warning was issued for South Santee River, SC, north to Duck, NC, and the Albemarle and Pamlico Sounds. The impact of storm surge on the coast will depend on whether the storm's arrival coincides with high tide.

isis-killer-beheading-video-story-top Florence punishes Carolinas with torrential rain, flooding; six dead
Sep 16, 2018 - 00:03
More than 60 people had to be rescued in another town as a cinderblock motel collapsed at the height of the storm's fury. In New Bern, at the confluence of the Neuse and Trent rivers in North Carolina, Florence overwhelmed the town of 30,000.

isis-killer-beheading-video-story-top Subtropical Storm Joyce forms in north Atlantic
Sep 15, 2018 - 23:34
In addition to wind impacts, there's going to be a unsafe storm surge ("wall of water" that arrives) and then persistent rainfall. The patch of gusty weather that's left is producing winds of up to 35 miles per hour as it drifts west at 16 mph.

isis-killer-beheading-video-story-top Alli, Lloris To Miss Tottenham Vs Liverpool
Sep 15, 2018 - 23:17
Lloris picked up his injury against Manchester United and Pochettino revealed he will be out for several weeks. The Premier League club said any disciplinary action they might take would remain an internal matter.

isis-killer-beheading-video-story-top Rafa Benitez compares Unai Emery's Arsenal to two of his former sides
Sep 14, 2018 - 23:30
The Arsenal player is in his sixth season in the Premier League and remains a starter for the Gunners. I look at him with the focus totally here.

isis-killer-beheading-video-story-top Russian Federation holds biggest military drills since Soviet era
Sep 14, 2018 - 23:27
China was sending 3,200 troops to take part in "Vostok-2018", with many Chinese armoured vehicles and aircraft. Russia's General of the Army Valery Gerasimov said Vostok runs from September 11 to 17 and has two stages.