A cannabis a smile and Coke? Colorado companies hoping to tap beverage craze that is infused

Colorado companies hoping to tap infused beverage craze

People take note, when announces it is sizing up business opportunities in an industry.

This was the case in mid September when Coke — the planet ’s largest beverage company with a market cap north of $211 billion — said it had been keeping an eye on cannabis infused beverages, with a specific focus on beverages containing the non-psychoactive chemical CBD. The statement sent marijuana stocks soaring.

Coke could be on the sidelines for now, but at least one notable manufacturer of bubbly beverages isn’t waiting around. Denver-based Molson Coors Brewing Co., one of the largest beer makers in the world, launched a joint venture this summer with a Canadian cannabis firm with the aim to create alcohol-free, infused beverages .

Read the rest of this story on DenverPost.com.

Published at Sat, 10 Nov 2018 13:24:55 +0000

Posted in: News

Comments are closed.