Aurora Cannabis says no deal yet to make marijuana-infused drinks

Aurora Cannabis says no deal yet to make marijuana-infused drinks

Sources told BNN Bloomberg that the world's largest beverage company is interested in developing drinks that are infused with cannabidiol, the non-psychoactive element in cannabis also known as CBD.

Canada is set to legalize cannabis on 17 October after both houses of Parliament voted to make the drug available for recreational use. Coke is looking to team up with the Canadian marijuana farm Aurora Cannabis to develop the beverages.

"In a separate statement, Aurora said it would not discuss the venture until it has been finalised, but added: "[we have] expressed specific interest in the infused beverage space, and we intend to enter that market". "No decisions have been made at this time", read the statement.

Cannabidiol is a non-psychoactive ingredient in marijuana that treats pain but does not get one high.

A Canadian startup is experimenting with beer brewed from stalks, stem and roots of the cannabis plant, as the country heads towards legalisation of marijuana as a recreational product from next month.

Aurora Cannabis says no deal yet to make marijuana-infused drinks
Aurora Cannabis says no deal yet to make marijuana-infused drinks

Shares of the company, Aurora Cannabis, closed up almost 17% on the Toronto Stock Exchange after the report.

The beverage giant's interest is another indication of the growing acceptance of cannabis by established companies.

Marijuana will become legal across all of Canada on October 17, and cannabis companies have flocked to that country recently to raise money and start businesses there, according to the Associated Press.

Soft drinks corporation Coca-Cola is in talks with a cannabis producer to develop marijuana drinks. At this time the Company confirms there is no agreement, understanding or arrangement with respect to any partnership with a beverage company.

"The company has been caught flat-footed in the past in not keeping up with trends in beverages". She said she would not be surprised to hear of a similar deal by PepsiCo for its Gatorade drink. "You don't want to be too far ahead on any curve".

Kelly Clarkson officially launching daytime talk show
In case you missed it, there have been some rumors circulating lately that Kelly Clarkson would be getting her own daytime talk show.

Related News:



Most liked

Florence aftermath is a 'nightmare' of swollen rivers, floods and rising deaths
Three days before Florence struck, the Washington Post editorialized that Trump was complicit in damage caused by extreme weather. Conway was one of the areas hardest hit by the storm in SC , and the water levels of the Waccamaw River continue to rise.

Manchester United Legend Furious As Twitter Reacts To Cristiano Ronaldo Red Card
Cristiano Ronaldo has burst into tears over what's been labelled "one of the worst refereeing decisions" in recent memory. Shorty after the break, Juventus were a awarded a second penalty whhen Leonard Bonucci was brought down in the box.

Champions League: Liverpool makes headway in PSG home-opener
PSG , however, succumbed to a stoppage-time victor from Roberto Firmino, much to the disappointment of Tuchel post-match. We know the players after the World Cup have struggled a bit.

Milner in awe of Liverpool teammate Firmino
What the boys make of the match plan is extraordinarily outstanding to be honest, one of them a yard less tonight and game over. I have never seen him as fit as he is in the moment. "If you play against PSG you have to reach the next level".

Kylie Jenner did the most RIDICULOUS thing for the first time yesterday
Kylie Jenner is on track to becoming a billionaire and is the youngest person in the world to hold this position. Her tweets created a buzz on Twitter with other celebrities joining the conversation.

Huntington man threatens boy's life after Fortnite loss
The man, Michael Aliperti, 45, was accused of threatening to shoot the child, according to police and NBC New York . Aliperti was being arraigned Tuesday on charges of aggravated harassment and acting in a manner to injure a child.

Carolinas' crisis escalates as Florence shows its fiercest face
Flood warnings, including flash floods and coastal floods, were issued for the states set to receive Florence's impact. Long said more havoc lays ahead as the storm broadens its geographic scope over regions deeply saturated with water.

Serena Williams talks fashion, not fouls, at Las Vegas event
Umpire Carlos Ramos' accusation was the basis of one of three code violations he leveled against Williams, costing her the game. Williams later smashed her racquet, resulting in a code violation and a point deduction, which she argued over with Ramos.

Alibaba's Jack Ma says US-China trade friction could last 20 years
He predicted that Chinese businesses would move production to other countries in the medium-term to get around the tariffs. He acknowledged that the ongoing spat with China's largest trade partner was hurting Alibaba's business as well.

Weather Channel Reporter Mocked for Appearing to Exaggerate Florence
In the middle of the video, two men can be seen casually walking in the background as if it was no big deal, and maybe it was. The video shows The Weather Channel's Mike Seidel reporting from Wilmington in North Carolina , USA, reports AJC.

Agreement reached to end 'scallop wars'
The agreement, which comes after weeks of negotiations between both sides, must now be endorsed by both governments. The clashes had seen some French and British fisherman throw rocks and other projectiles at each other.

Brett Kavanaugh sexual harassment accusations: All you need to know
Ford and her attorney have yet to respond to invitations to testify at a public hearing about her allegations against Kavanaugh . Kavanaugh has repeatedly denied the allegations. "Now this is really what #MeToo is all about, if you think about it", said Sen.

Cruz: 'if Beto wins, BBQ will be illegal'
The two will face-off on Friday night in Dallas in the first of three debates between now and Election Day. Also different in this poll - Cruz is above water when it comes to his favorability rating, 52 to 43.

Leak Tips 'Google Home Hub' Smart Display
The pricing and availability for the Home Hub has been tipped by Android Authority as being "available later this fall for $149". The screenshots reveal that Google has partnered with 400 brands to offer compatibility with more than 5,000 smart devices.

Tesco unveils new supermarket Jack's in war with Aldi and Lidl
Tesco has opened the door to its first Jack's stores - a new discount concept created to tempt shoppers away from Aldi and Lidl . According to Kantar Worldpanel, Lidl and Aldi are the fastest growing retailers in the United Kingdom now .