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MOLSON COORS AND HEXO CORP. SET TO DEVELOP MARIJUANA DRINKS IN CANADA

Mark Shandrow is Asana Recovery’s CEO and has 20+ years of experience in business development and operations in the addiction treatment industry.
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Overall, the concept of a big-brand cannabis beverage is nothing new. Recently, Coca-Cola and Pepsi voiced interest in branching into the marijuana industry. Now, however, two big names have teamed up to set this plan into motion. Recently, Mark R. Hunter (CEO of Molson Coors) announced his company will be stepping into the cannabis game with Hexo Corp. to produce Truss, a joint venture that will create pot-infused beverages for Canada. For the Molson Coors’ company, this move is a strategic turning point for the massive company and could ultimately transform the landscape for the sales of mass-marketed edibles (largely due to recent changes in the U.S. and Canadian cannabis laws). So how are these companies going to tackle the current edibles landscape? Let’s take a closer look and find out.

The Weed Drink Trend

At this time, Coors’ is not the only major player that has taken advantage of Canada’s recent legalization of cannabis. Back in October, the parent of Corona, Robert Mondavi wine, and Svedka vodka revealed it was planning to pursue alcohol-marijuana partnership, spearheaded by an investment of $4 billion equity in the largest marijuana stock market trade: Canopy Growth, Corp. Likewise, Walmart has also expressed interest in pot beverages, and non-alcoholic THC-infused drinks are readily available at dispensaries.

Presently, representatives of the Coors’ company did not provide exact details about the types of drinks they would be selling. Hunter, however, has speculated that 20% to 30% of non-alcoholic marijuana beverages could be sold in the Canadian cannabis market.

Watch out for Gopher Holes

While Canada officially legalized marijuana on October 17, the country has not made all cannabis products readily available to the public. For example, edibles are not expected to roll into the market until a year from legalization day (October 19, 2019, at the earliest). Likewise, provincial governments will have a say in what types of edibles can be sold. Nevertheless, some private companies (including a shop in cannabis boomtown Alderville) have provided the public with edibles thanks to independent tribal laws in the region.

Always remember that mind-altering drugs do not have control over your life. You do. Are you suffering from a substance use disorder or a severe form of addiction? Do you have a friend or family member suffering from one or more of these debilitating illnesses? If you do, get in touch with Asana Recovery today. Our counselors and healthcare experts are ready to walk you through every step of the detox and withdrawal process and rehabilitation and guide you towards living a happier, healthier, and freer lifestyle. While the road to recovery might not be an easy road to travel, we promise to help you every step of the way. Take the first step to stay fit, healthy, and safe.

The time for you to take back control of your life is now. If you are interested in one of our residential treatment or supervised detoxification/withdrawal programs, we are ready and waiting to speak with you at your disclosure. Call Asana now at (949) 438-4504 to learn how to overcome your drug abuse or addiction troubles today.

Mark Shandrow is Asana Recovery’s CEO and has 20+ years of experience in business development and operations in the addiction treatment industry.
LinkedIn | More info about Mark

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