A partnership between Coca-Cola and Aurora would be the first partnership between a non-alcoholic beverage company and cannabis producer.
Shares of Aurora shot up 17 per cent Monday after a report by BNN Bloomberg claimed that "serious talks" had taken place between the Alberta cannabis grower and Coca-Cola Co., the Atlanta-based beverage giant.
Molson Coors Brewing Co.is starting a joint venture with Quebec's Hydropothecary Corp.to develop cannabis drinks in Canada.
Could your can of Coke one day come infused with cannabis oil?
Shares of Aurora were up almost 17 percent on the Toronto Stock Exchange on the report. "The space is evolving quickly", Coke spokesman Kent Landerstold the wire service. 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. She said she would not be surprised to hear of a similar deal by PepsiCo for its Gatorade drink.
Streetwise newsletter: Aurora plays down reports of Coca-Cola talks, Visa and Mastercard reach settlement over merchant fees
Canada is set to legalize cannabis on 17 October after both houses of Parliament voted to make the drug available for recreational use.
Sales in US legal markets should almost triple to $16 billion by 2020 from $5.4 billion in 2015, according to market research firm Euromonitor International, and Constellation says cannabis globally could be worth $200 billion in 15 years.
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. According to the Centers for Disease Control and Prevention, the difference is that marijuana, which is the dried leaves of the cannabis plaint, does contain THC. It does not cause intoxication.
Moving into this area carries little reputational risk for Coke, said Liberum's von Stackelberg. Tilray jumped 6.8 percent, adding to its 40 percent gain last week; Cronos rose 3.1 percent and Canopy's US shares climbed 2.9 percent.
Cleveland Browns win unlocks beer at OH bars He completed his first two passes - a 14-yard pass to Jarvis Landry and a 17-yarder to David Njoku - to move the Browns downfield. The Cleveland Browns are looking for their first win in over 630 days, as they take on the 1-1 New York Jets .
It is feared more than 200 people could be dead after a ferry sunk in Tanzania's Lake Victoria on Thursday. Accidents are often reported on the large freshwater lake that is surrounded by Tanzania, Kenya and Uganda.
Fortnite's servers have gone down in the early morning hours once again, so you know what that means-an update is on the way. This lets you play an exciting game where you have to try and impulse someone into the floor traps around the stadium.
Jasmine holds a Master's in Journalism from Ryerson University in Toronto and writes professionally in a broad variety of genres. An increase in the mosquito population is also thought to have contributed to a large number of spiders in the region.
A hearing on Monday is not possible and the Committee's insistence that it occur then is arbitrary in any event. But she doesn't belong to the Judiciary Committee. " I will be there ", he wrote Grassley in a letter.
It flew to Proserpine to refuel and reportedly to pick up blood before the woman was flown to the Mackay base hospital. A RACQ CQ Rescue spokeswoman said the rescue helicopter is en route to Cid Harbour.
An emergency summit on Brexit proposed for November 17-18 will only happen as a "punchline to effective negotiations", Tusk said. She will then be out of the room on Thursday afternoon when the other 27 leaders discuss her Brexit proposals.
Given her age and her talent , and popularity among fans, we'd say she has a great chance at nailing the top spot. A sleight of hand expert and close-up magic extraordinaire, Lim beat out the acrobatic dance troupe Zurcaroh .
It also supports Bothie feature that lets you capture images using both front and rear cameras simultaneously. Considering the Android One affiliation, the Nokia 7.1 Plus could come with Android 9.0 Pie out of the box.
Peace is possible, and Korean-led diplomacy-not endless sanctions , and certainly not preventive war-is the best way to attain it. The U.S. and South Korean leaders plan to meet in New York City next week during the United Nations General Assembly meeting.
Marine Le Pen ordered to undergo psychiatric testing
The 2017 presidential candidate denounced the order as " mind-blowing ", saying: " This regime is really starting to scare [us ]". He posted that he had "no words" and offered "solidarity" to Ms Len Pen and "the French who love freedom".
30 passengers ‘bleed’ in Jet Airways flight
It went on to add that the plane landed normally as guests " deplaned safely " and taken to terminal. Passengers on board took to social media to share their shocking experience and frustration.
Woman shoots three dead in Maryland warehouse
According to unconfirmed reports from some locals, emergency services scanners say that first responders are " bagging patients ". At least three fatalities have been reported, after a shooting broke out at a Maryland-based Rite Aid facility on September 20.
Washington, DC Woman Wendy Martinez Stabbed While Jogging
Her mother, Cora Martinez, told the Washington Post that she was working in her dream job with a fast-growing start-up company. Wendy Martinez , 35, was stabbed to death while jogging in her Washington , D.C. neighbourhood on Tuesday night.
Dead Rising Studio Capcom Vancouver Closed
Dead Rising is an "open world survival horror" featuring zombies and other monsters as well as unique weapons and plot lines. But the new Dead Rising game isn't the only casualty: Capcom Vancouver is actually closing down.