Tinley Beverage Company Inc C.TNY

HIGHLIGHTS OF COCA COLA CBD DRINKS — NR

[vangooh]

here you go people. This will explain why TNY will never reach ATH again. Soon enough it will be a funny memory in your funny little heads.

banks basically can’t work with cannabis companies unless they’re willing to file millions of suspicious activity reports, and without the banks on board, public companies have stayed away.

groundbreaking move that would signal a significant foray into the marijuana sector by one of the world’s most iconic consumer brands

the American soft drink giant is in talks with Canadian company Aurora Cannabis to produce drinks enhanced with cannabidiol, or CBD

Coca-Cola’s move is just the latest sign that the big players are starting to feel more comfortable investing in cannabis. 

If Coke does jump into the marijuana space, it wouldn’t be the first beverage purveyor to do so. Drinks giant Constellation Brands Inc. (maker of Corona beer and Svedka vodka) recently acquired a minority stake in Canopy Growth, a Canadian medical marijuana company. And this past summer, Heineken-owned Lagunitas Brewing Co. unveiled a THC-infused sparkling water for sale at California dispensaries.

As more big companies move into the cannabis game, it will bring increased legitimacy to the industry and help the entrepreneurs who built the cannabis market. But eventually, those smaller companies risk being overrun by corporate giants.


https://www.forbes.com/sites/nickkovacevich/2018/09/19/coke-and-cannabis-the-big-guys-are-muscling-into-this-new-market/#517e51c7707a