Drinks infused with marijuana-derived compounds could swell to become a $600 million market in the U.S. within the next four years, outpacing the growth of other categories of retail cannabis products, according to analysts at Canaccord Genuity.

Beverages with CBD or THC ingredients could grow to capture about 20 percent of the U.S. market for edible pot products by 2022, up from 6 percent of edibles sold now, Canaccord’s Bobby Burleson wrote in a note.

It’s an opportunity mainstream beer and soda makers are eager to take part in -- Corona-parent Constellation Brands Inc. became the largest stakeholder in Canadian pot cultivator Canopy Growth Corp. earlier this year, while Molson Coors Canada formed a joint venture with Hexo Corp. Also, Coca-Cola Co. said it’s exploring the idea.

Click here to read the complete article

Courtney Dentch ~ Bloomberg.com

Recent News Articles

Monday January 21

As Marijuana Legalization Expands, the NFL Clings to Prohibition. For Now. - Cannabis News

in Sports

by Bruce Kennedy - Editor in Chief

Marijuana is fully legal in 10 states, which are home to eight NFL teams (25…

735 hits

Monday January 21

Future Weed: Formulations, Patents and Where Cannabis Is Going Next - Cannabis

in Finance

by Bruce Kennedy - Editor in Chief

As cannabis users embrace concentrates, companies are isolating chemicals to make reliable products — and…

949 hits

Monday January 21

'Biggest thing to happen to agriculture in my lifetime': Hemp could soon be grown in…

in CBD & Hemp

by Bruce Kennedy - Editor in Chief

"Hemp holds a lot of promise for Hoosiers, for what it could do for farming,…

1350 hits

Monday January 21

Major Cannabis Cancer Study Planned In Canada - Cannabis News

in Medical News

by Bruce Kennedy - Editor in Chief

The study hopes to correct a lack of double-blind, placebo-controlled studies regarding cannabis’ effects on…

959 hits

Tuesday January 22

Veterans look to Congress for legal cannabis - Cannabis News

in Activism

by Bruce Kennedy - Editor in Chief

“They can drag this out for years and years if they want to. But we’ll…

743 hits