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Molson plans cannabis drinks as beer sales fall
Posted on 8/1/18 at 1:39 pm
Posted on 8/1/18 at 1:39 pm
LINK
quote:
Molson Coors Brewing Co. is turning to cannabis drinks in search of growth as the No. 2 U.S. brewer reported another quarter of weak beer sales.
The company said it is forming a joint venture with The Hydropothecary Corp., a Canadian cannabis producer, to develop non-alcoholic, cannabis-infused beverages for the Canadian market.
quote:
The brewer's pivot follows similar moves by Corona brewer Constellation Brands, which last year invested in Canadian cannabis company Canopy Growth with plans to develop beverages, and Heineken NV, whose Lagunitas brand this week launched a cannabis-infused sparkling water in California.
quote:
Recreational marijuana use in Canada will be legal in mid-October, and edible and drinkable cannabis products are expected to be legalized there by 2019. Independent research firm Euromonitor International estimates that legal marijuana sales in 2018 will total US$7.5 billion in Canada and $10.2 billion in the U.S.
Posted on 8/1/18 at 1:52 pm to Major Dutch Schaefer
They're getting skewered by craft beer sales.
Posted on 8/1/18 at 1:56 pm to Major Dutch Schaefer
I can get Coors Banquet for the same price as Natty around here. Even cheaper at one place.
Posted on 8/1/18 at 2:56 pm to Major Dutch Schaefer
Tried this the other day.
Tasted like crap. LINK
Tasted like crap. LINK
Posted on 8/1/18 at 3:03 pm to WhoDatNC
quote:
Tried this the other day.
Tasted like crap.
Let me help you out

Posted on 8/1/18 at 3:06 pm to Major Dutch Schaefer
Ok, that stuff is 7% ABV. I’m just curious what kind of drunk/high this produces.
Posted on 8/1/18 at 3:20 pm to Major Dutch Schaefer
LOL Desperate last gasp, er toke
This post was edited on 8/1/18 at 3:21 pm
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