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The last 10 stories you viewed are saved here. You must be logged in to use this feature. CBD, or cannabidiol, is one of the main active ingredients in cannabis. Ward told The Globe this week by phone. Many companies are looking for information. He added that Coke is one of 10 beverage companies Maricann has spoken with in the past six months. Coke declined to comment Tuesday on conversations with Maricann, which has production facilities in Langton, Ont.
Many soda and beer makers are seeing their sales decline amid changing consumer habits, making cannabis both a threat and an opportunity for their businesses.
Rumours have been swirling over the past month that more global consumer companies are aiming to follow Constellation Brands Inc. Investors have been speculating which cannabis grower will be next to earn an investment from a bigger, global player.
That speculation has driven cannabis stocks higher. Shares of Aurora Cannabis Inc. There is no indication that an agreement would resemble a Constellation-like investment; joint ventures and experimental partnerships are possible as well. The Molson Coors Brewing Co. The company confirmed it has not signed a deal with a beverage company for marijuana-infused drinks.
At this time the company confirms there is no agreement, understanding or arrangement with respect to any partnership with a beverage company. The drug is still illegal federally in the United States, creating legal complications. And there are branding decisions to consider. A video of his presentation has been posted on YouTube.
Functional drinks promote some type of health benefit related to their consumption. Whereas alcohol is water soluble, cannabis has to bond to fat to be absorbed by the body. That means it takes much longer to feel a buzz from ingesting marijuana than from consuming alcoholic beverages.
Companies are looking for ways to speed up that process. The legal landscape in the United States is murky. Marijuana is illegal under U. But fear of violating the federal law has kept major U. In addition to hemp being used for its seeds and fibre in a slew of applications, it also contains CBD. Like marijuana, hemp is still illegal under U. But there is a bill in Congress to ease restrictions and legalize hemp in a wide-ranging piece of legislation known as the Farm Bill. The current version of the Farm Bill expires on Sept.
Instead, CBD could have possible health benefits — although clinical evidence is still limited at this time. The space is evolving quickly.
No decisions have been made at this time. Ward was the subject of an investigation into his actions while he was CEO of another cannabis firm. Maricann said at the time that Mr. Ward was co-operating with the OSC and that the matter would not affect his ability to lead the company. It is unclear where that inquiry currently stands. Sense of Healing Federal Boulevard Top Shelf Medical Dispensary S. Tru Cannabis Federal Boulevard Notice any dispensaries we left out? Email additions to marijuana westword.
Herbert Fuego September 26, 6: How Cannabidiol Improves Lives. Marijuana Deals Near You.
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Now that the barriers for hemp-CBD products are slowly being lifted, getting access to food, topicals, balms and oils infused with the cannabinoid are becoming easier than ever. Some Colorado-based companies extract CBD concentrates from hemp and will deliver them East Iliff Avenue, Aurora. Rocky Road offers Premium Marijuana dispensaries both medical and recreational marijuana Fine Colorado Cannabis Sellers - Medical and Recreational. One of Colorado's oldest cannabis dispensary stores. We produce small batch naturally treated marijuana for recreational and medical consumption.