Beer giant Molson Coors has set a December date to roll out a line of CBD-infused beverages in Canada with partner Hexo Corp.
The companies also plan to roll out some THC-infused beverages in Canada but hasn’t announced specifics.
Molson Coors Canada and Hexo, a Quebec cannabis producer, started the joint venture called Truss Beverage Co. in January to develop a line of cannabis drinks. Molson Coors Canada took a 57.5% stake in Truss.
Truss’ December distribution announcement comes soon after rival beer-cannabis company Fluent Beverage – a joint venture between the world’s largest brewer, Anheuser-Busch InBev, and cannabis producer Tilray – said it was launching CBD drinks as early as December through subsidiary Labatt Breweries of Canada.
Fluent didn’t have specific products or a launch date.
Hexo trades on the Toronto Stock Exchange and New York Stock Exchange.
To read more about the Truss line of CBD drinks, click here.