Home > Boards > US Listed > Food - Beverages > Molson Coors Brewing (TAP)

Breaking News: The Multi-Billion Dollar US and Canadian

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
PennyStock Alert Member Profile
 
Followed By 517
Posts 41,259
Boards Moderated 5
Alias Born 04/26/12
160x600 placeholder
Truss CBD USA, a HEXO Corp and Molson Coors joint venture, launches Veryvell sparkling CBD water in Colorado GlobeNewswire Inc. - 1/13/2021 9:02:38 AM
Truss CBD USA, a Molson Coors and HEXO Corp Joint Venture, Launches Veryvell™ Sparkling CBD Water in Colorado Business Wire - 1/13/2021 8:31:00 AM
Molson Coors Beverage Company to Webcast 2020 Fourth Quarter Earnings Conference Call Business Wire - 1/11/2021 7:00:00 AM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 1/4/2021 6:01:18 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 1/4/2021 6:01:17 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 1/4/2021 6:01:12 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 1/4/2021 6:01:08 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 1/4/2021 6:01:07 PM
Correction to Warning Signs in the Best Managed Companies Article on Dec. 12 -- Journal Report Dow Jones News - 12/16/2020 5:18:00 PM
Court Denies Molson Coors Motion to Dismiss Future Proof Federal Infringement Claim PR Newswire (US) - 12/16/2020 10:00:00 AM
Molson Coors Beverage Company Donates Nearly 3 Million Meals to Families Across U.S. And Canada Business Wire - 12/15/2020 4:00:00 PM
Warning Signs in the Best-Managed Companies -- Journal Report Dow Jones News - 12/12/2020 10:41:00 AM
Future Proof Makes Headway with Federal Infringement Claim Against Molson Coors PR Newswire (US) - 12/9/2020 10:00:00 AM
Molson Coors Beverage Company Increases Production Capacity for Seltzers & Popular Innovations by More Than 400% to Keep Up W... Business Wire - 12/1/2020 9:00:00 AM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 11/25/2020 5:03:50 PM
Molson Coors Completes Sale of Irwindale Brewery Business Wire - 11/5/2020 9:00:00 AM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 11/4/2020 5:01:11 PM
Quarterly Report (10-q) Edgar (US Regulatory) - 10/29/2020 11:20:18 AM
Current Report Filing (8-k) Edgar (US Regulatory) - 10/29/2020 7:07:19 AM
Molson Coors Reports 2020 Third Quarter Results and Provides Revitalization Plan Update Business Wire - 10/29/2020 7:00:00 AM
Molson Coors présente ses résultats pour le troisième trimestre de 2020 et fournit une mise à jour concernant le plan de ... Business Wire - 10/29/2020 7:00:00 AM
Vizzy Hard Seltzer Donates $1MM to the Human Rights Campaign PR Newswire (US) - 10/13/2020 9:30:00 AM
Molson Coors Beverage Company to Webcast 2020 Third Quarter Earnings Conference Call Business Wire - 10/9/2020 8:30:00 AM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 10/1/2020 6:01:14 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 10/1/2020 6:01:13 PM
PennyStock Alert   Monday, 01/28/19 08:47:46 AM
Re: None
Post # of 35 
Breaking News: The Multi-Billion Dollar US and Canadian CBD-Infused Beverage Race is On: Tilray, Coca Cola, Molson Coors Brew...

Source: GlobeNewswire Inc.

OTCMarketsinsider.com News Commentary
2019 is poised to be a pivotal year for the cannabis-infused-beverage market. Investors seeking to profit from the early growth of this new opportunity have plenty of options to choose from.

Canaccord’s Bobby Burleson and Jonathan DeCourcey claimed that infused beverages could be poised to outpace general demand for marijuana products by two fold, taking 20% of the existing market for cannabis edibles by 2022.

Canadian cannabis company Tilray entered a $100 million joint venture with beer brewer AB InBev to study cannabis-based beverages. The joint venture, in which both companies will invest $50 million, will study non-alcoholic beverages containing THC, the psychoactive chemical compound in marijuana, as well as CBD, the non-active chemical.

Heineken also launched a JV in California's, the world's biggest marijuana market. In June 2018, Heineken subsidiary Lagunitas announced a partnership with cannabis company AbsoluteXtracts to market cannabis-infused sparkling water products under the brand name Hi-Fi Hops. The products became available to consumers in July 2018. One version of Hi-Fi Hops contains 10 mg of THC, while the other contains 5 mg of THC and 5 mg of CBD.

Coca-Cola Co. said it’s eyeing to enter the CBD market, becoming the latest beverage company to tap into surging demand for marijuana products as traditional sales slow. Coca-Cola says it’s monitoring the nascent industry and is interested in drinks infused with CBD.

Last August, Molson Coors entered into a joint venture with HEXO, a Quebec-based marijuana cultivator, to produce cannabis-infused beverages for the Canadian market. Canada legalized marijuana for all adults on October 17, though products like beverages, edibles, and vaporizers won't be available until the fall of 2019.

The CEO of Molson Coors is bullish on cannabis-infused beverages. During the company's third-quarter earnings call, CEO Mark Hunter said the cannabis market could total $7 billion to $10 billion in Canada alone. Nonalcoholic cannabis-infused beverages could account for as much as $3 billion, or 30% of the total market.

Mark Hunter said Molson Coors, through the joint venture, was "well-placed" to take a meaningful share of that market when it opens up. "We decided as a business that we did not want to be a spectator as this new market opened up," Hunter said. "And we clearly wanted to be a participant."

American Premium Water Corporation, a company with one foot already in the growing CBD beverage market with its LALPINA Hydro CBD water, announced in October that it developed a formulation using its proprietary Hydro-Nano technology for THC. In December it announced they had entered into an agreement with Growpacker, a California based company that does infusion and fulfilment in the CBD and cannabis sector. Growpacker has a number of relationships with dispensaries in the state, and provides the distribution network for the Company to sell into the US’s largest marijuana market.

For commentary inquiries, please contact: info@otcinsider.com
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and CG undertakes no obligation to update such statements.

You should not rely on the information presented; you should do independent research to form your own opinion and decision. Information contained in our disseminated emails does not constitute investment, legal or tax advice upon which you should rely. The purchase of high-risk securities may result in the loss of your entire investment. Advertisements received by you are not a solicitation or recommendation to buy securities of the advertised company. OTCI was not compensated by, (OTC: HEINY), (NASDAQ:TLRY), (NYSE: TAP), (OTC: HIPH) or any other company mentioned in this article.

Full Disclaimer: http://www.otcinsider.com/disclaimer/

For commentary inquiries, please contact: info@otcinsider.com




OTCinsiderlogo.png



:)

All my posts are my opinion only. Please do your due diligence on all your investments.
Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist
Consent Preferences