Coca-Cola not entering CBD market – Seeking Alpha

Coca-Cola (KO +0.2%) refutes an anonymous YouTube video that claimed the company is working on a beverage containing CBD extract for its Canada market.

Statement to Bloomberg:”These rumors are untrue. As we have stated many times, we have no plans to enter the CBD market.”

Last year, Coca-Cola said it was looking at the cannabis drink market. A Bloomberg report around that time suggested the company was in talks with Aurora Cannabis to make the drinks.

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