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Tag Archives: Pepsi

PepsiCo joins Coca-Cola in exploring cannabis drinks

The remarks come two weeks after PepsiCo's archrival Coca-Cola said it was studying "wellness beverages" that could include cannabidiol, or CBD, a non-psychoactive component in cannabis that is sold in a growing variety of consumer products. Molson Coors is also working with a Canadian company on cannabis-infused non-alcoholic beverages, while Constellation Brands has announced a hefty $4 billion investment in Canada's Canopy Growth in exchange for a 38 percent stake in Canopy.
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Coke eyes cannabis-infused drink market

The potential product tie-up, reported by Canadian financial channel BNN Bloomberg, could help Coke’s efforts to overcome sluggish demand for its sugar-heavy sodas by diversifying into coffee and health-focused drinks.
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