Coca-Cola considers cannabis-infused drinks

Coca-Cola, Aurora in talks about making cannabis-infused drinks: report

That makes such drinks a great opportunity for beverage makers to diversify their product lines and many have already begun to do so.

The company declined to comment on additional speculation.

This push for product diversification is perhaps also what could give the company an edge in the cannabis-infused beverages business.

And the Green Party leader says he is now vindicated on the question of mass production of cannabis for medical purposes.

The soft drinks giant said it is "closely watching" the expanding use of a cannabis element in drinks.

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Another company, Constellation Brands (which makes Corona beer and Svedka vodka) announced in August it is investing $4 billion in Canadian cannabis company Canopy Growth.

Cannabidiol is a non-psychoactive ingredient in marijuana that treats pain but doesn't get one high.

The Coca Cola Co said on Monday that it was closely watching the growing marijuana-infused drinks market, responding to a report that the world's largest beverage maker was in talks with Canada's Aurora Cannabis Inc. "The space is quickly evolving".

It did not confirm or deny the link with Aurora Cannabis, which was first reported by Canadian broadcaster BNN Bloomberg.

American companies interested in making a play in the cannabis space can try things out in Canada without risking doing something illegal at home.

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Coca-Cola is considering producing a cannabis-infused drink that would help people with chronic pain. Moreover, the leak sent shares of Aurora surging in early morning trading, with stock prices jumping 16 percent on Monday, holding at US$7.61 as of Monday afternoon.

'It's going to be more of the "recovery drink" category'.

Cannabis is not legal at the federal level in the United States, only in some states like California and Colorado.

"If they came out with a THC-infused drink, that's a different question", he said.

In June, America's medicines regulator approved Epidiolex, a British-made epilepsy treatment that contains cannabidiol.

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