Yea?
You read THAT right….
With carbonated drinks losing market share?
Companies are looking everywhere for something new….
The Coca-Cola Co. is in talks with Aurora Cannabis to develop a beverage infused with CBD, a non-psychoactive component of marijuana, BNN Bloomberg reports.
Why it matters: As Coca-Cola’s soda sales decline, this could be a move to further diversify beyond its traditional base of sugary beverages. While beer-makers have been betting on the marijuana industry, Coca-Cola’s interest indicates that CBD could soon break into the mainstream. In a statement to Bloomberg, Coca-Cola confirmed it is “closely watching” CBD as an ingredient in wellness beverages…..
Axios….
The Massachusetts Cannabis Control Commission issued four final recreational marijuana licenses to two companies Thursday, a major milestone in the state’s slow-moving rollout of the regulated pot market approved by more than 1.7 million voters in 2016….
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