The statement came after reports the beverage giant was in talks with a Canadian cannabis company to create a health drink infused with cannabidiol, a naturally occurring non-psychoactive compound derived from the cannabis plant. Shares of the company, Aurora Cannabis Inc., closed up nearly 17 percent on the Toronto Stock Exchange after the report. A Coke spokesman said the beverage giant has made no such decision. Cannabis companies from the U.S. — where marijuana remains illegal at the federal level — have flocked to Canada to raise funds and establish businesses there. American companies interested in making a play in the cannabis space can try things out in Canada without risking doing something illegal at home.

Source: Philippine Star September 17, 2018 22:07 UTC