Connect with us

Business

Coca-Cola is Closely Eyeing the Cannabis-Infused Drink Market

In 1886 they used coca-leaf extract, and maybe in 2025, you could see CBD extract in their active ingredients list..

Published

on

The Coca-Cola Company has reportedly announced on Monday to Bloomberg that the company is closely watching the growing marijuana-infused drinks market, and is starting to have talks with Canada’s Aurora Cannabis Inc.

A statement released to Bloomberg by Coca-Cola spokesman, Kent Landers, stating “We are closely watching the growth of non-psychoactive CBD as an ingredient in functional wellness beverages around the world… the space is evolving quickly. No decisions have been made at this time.”

They also clarified, you won’t be getting stoned off of their drinks, because “the discussions with Aurora are focused on CBD-infused drinks to ease inflammation, pain, and cramping, CBD, or cannabidiol, is the chemical in the pot plant often used for medicinal purposes and doesn’t produce the high that comes from THC, or tetrahydrocannabinol”

Even though the talks between Coca-Cola and Aurora Cannabis are not confirmed,  Aurora’s stocks soared due to the news breaking, jumping as much as 23 percent on Monday in New York to almost $10. If this partnership ends up being true, this would mark the first entry of a major manufacturer of non-alcoholic beverages into the market for cannabis-related products, in an industry where alcoholic beverage companies have been flocking.

Are you looking for digital journalism training and experience? Are you a journalism major who wants to take your career to the next level? CMN’s Digital Journalism course gives you real-time experience, intense feedback on your writing, exposure to journalism influencers and mentors, and a great place to display your work. You can get academic credit too. Check out the Digital Journalism Course here.

Erin Whitten is currently CMN's Senior Correspondent and is currently a student at Arizona State University majoring in Mass Communications and Media Studies.

Sign up for the Morning Scoop

and wake up with us each day.

CMN Reports

Government3 days ago

Bernie Sanders is Running for President in 2020

The Bern is coming back in 2020.

by , The Catholic American University
Government4 days ago

Utah Congressman Creates an Anti-Socialism Caucus in Congress

Is the Red Scare making a comeback in the 21st century?

by , The Catholic American University
Government1 week ago

Former Astronaut Mark Kelly Will Run for Senate in 2020

If elected in 2020, Kelly will become fourth-ever American astronaut elected to Congress.

by , The Catholic American University
Government3 weeks ago

Gen Z Alongside Millennials Prefer Socialism Than Capitalism

The kids are all left-wing.

by , The Catholic American University
Government2 months ago

New Year, New Laws for 2019

New year means new laws.

by , The Catholic American University
Equality2 months ago

Nancy Pelosi Elected Speaker of the House

Democrats continued to control the House on Thursday by electing Nancy Pelosi who returned to be the first woman to...

by , Mercy College
Government2 months ago

The House to Approve Legislation of Reopening of the Government

Late Thursday night, the new Democratic House passed bills that would reopen the government without paying for Trump’s border wall....

by , Mercy College
Government2 months ago

Elizabeth Warren Announces She is Running for President in 2020

On New Years Eve, Senator Elizabeth Warren, (D) Massachusetts, announced that she will become a candidate to enter the 2020...

by , Mercy College

Top Reads