RE:ACB AND COKE
mrknight wrote: It appears someone at Aurora Cannabis may be unable to keep company secrets and that won't sit well with Coca-Cola if they are in talks. I recall Bruce Lynton from Canopy Growth stating how proud he was that there was NO chatter prior to their signing with Constellation Brands - in fact their stock went down the days prior to the announcement. Aurora was supposedly in talks with Molson/Coors and they eventually consumated a JV with Hydropothecary (now HEXO). The same was said by Sebastian St Louis at Hydropothecary (Now HEXO) at the time, that there were no leaks of talks.
LOOSE LIPS SINK SHIPS......
Yup.
HEXO wasn't even ever mentioned in any reports prior to signing with Coors.
Also:
Kent Landers, a spokesman from Coca-Cola, declined to comment about Aurora. However, he added in an emailed statement to BNN Bloomberg that “along with many others in the beverage industry, we are closely watching the growth of non-psychoactive CBD as an ingredient in functional wellness beverages around the world. The space is evolving quickly. No decisions have been made at this time.”
https://www.bnnbloomberg.ca/coca-cola-in-talks-with-aurora-to-develop-cannabis-drinks-sources-1.1138528#_gus&_gucid=&_gup=twitter&_gsc=gQCuZEQ
Still a big risk Coke will sign with another producer, or even worse - Pepsi will steal Coke's thunder.