Publicado: Mier, Setiembre 19, 2018
Financiera | Por Marilu Caballero

Aurora confirms it's held 'exploratory' talks with beverage companies

Aurora confirms it's held 'exploratory' talks with beverage companies

Coca-Cola said on Monday it is studying the use of a key ingredient in marijuana in "wellness beverages", as a growing number of mainstream companies develop cannabis-infused drinks.

The sources said that Coca-Cola (KO.N 0.02%), the world's largest beverage company, is interested in developing beverages that are infused with cannabidiol, commonly referred to as CBD, the non-psychoactive chemical found in marijuana plants.

The Coca-Cola Company says that it's "closely watching" the growth of the use of a non-psychoactive element of cannabis in wellness drinks.

Josh Gordon Release: Why Did the Browns Cut the WR?
He was away from the team for nearly the first full month of training camp and did not begin practicing until last week. Others were perplexed, wondering why the Browns would cut Gordon now after sticking with him for so many years.

Estimates vary, but the consumer CBD market is estimated to grow to US$2.1 billion by 2020, from $202 million in 2015, according to a recent report in the Hemp Business Journal. As such, the reports remained unproven as of 18 September 2018. "No decisions have been made at this time".

Aurora Cannabis Inc. today is responding to a request from the Investment Industry Regulatory Organization of Canada ("IIROC") regarding media reports with respect to potential partnerships with multiple beverage companies.

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.

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