Sunday, 16 December, 2018

Coca-Cola denies plans to make marijuana-infused drinks

Coca-Cola in Talks to Make Marijuana-Infused Soft Drink Coca-Cola looking at cannabis-infused drinks
Russell Knight | 20 September, 2018, 03:40

The Coca-Cola Company is said to be "closely watching" the expanding use of a cannabis element in drinks. Heineken's Lagunitas craft-brewing label has launched a brand specializing in non-alcoholic drinks infused with THC, marijuana's active ingredient.

Coke's possible foray into the marijuana sector comes as beverage makers are trying to add cannabis as a trendy ingredient while their traditional businesses slow.

As of September 2018, Coca-Cola was in talks with Aurora Cannabis over the production of cannabis-infused beverages.

A statement on the firm's website dated September 17, said the company has no interest in cannabis or in marijuana as reported by global media outlets.

The drink would be infused with Cannabidiol, a constituent of cannabis, which can help ease inflammation, pain and cramping, but has no psychoactive effect. There are no guarantees of any deal between Aurora and Coca-Cola, according to the report. "It's more of the recovery drink angle that Coca-Cola is interested in pursuing".

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A spokesman for the company, Kent Landers, said the plan is to infuse a non-intoxicant component of the plant in Coca-Cola drinks with hopes of relieving pain without getting people high.

These reports prompted several inquiries from readers about the veracity of claims that Coca-Cola was already in negotiations over a beverage that would contain CBD (cannabidiol). "No decisions have been made at this time".

Canada is set to legalize cannabis on 17 October after both houses of Parliament voted to make the drug available for recreational use.

The marijuana company says it does engage in exploratory talks with industry participants from time to time, but there is no agreement or arrangement to announce.

Besides Aurora, she said cannabis companies Tilray (TLRY.O) and Aphria (APH.TO) were likely targets for partnerships with big consumer companies looking to get into the market.

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