HENDERSON NV / ACCESSWIRE / October 11, 2018 / Some of the world’s biggest beverage makers are looking to add cannabis-infused drinks to their lineups.
Corona brewer Constellation Brands said last month it was investing an additional $4 billion in Canopy Growth, increasing its stake to nearly 40 percent. And last week, Coca-Cola got Wall Street’s attention when it said it was eyeing the cannabis drinks market. Molson Coors announced it will be releasing its own CBD beverage.
One lesser known company that has a few CBD brands in their portfolio that we really like is Real Brands, Inc. (RLBD). RLBD successfully launched their CBD brand at the beginning of the year and has not released any news since. After their initial release of these cartridges the company quickly sold out, leading to this scaled up roll out.
Along with the cartridges RLBD has a CBD beverage brand, that could draw some interest from larger companies looking to get involved in the market.
For investors, RLBD just got its yield sign off after updating its information, RLBD looks like the right company at the right time.
CBD beverage companies to watch include: Real Brands, Inc. (RLBD), India Globalization Capital, Inc. (NYSE American, IGC), Aurora Cannabis, Inc. (ACBFF), MariMed, Inc. (OTCQB:MRMD), and Canopy Growth Corporation (NYSE:CGC).
Real Brands, Inc. (RLBD)
Market Cap: $6.60M Share Price: $0.055
Real Brands, Inc. successfully launched CBD Pharmacy® Vape Cartridges in Texas and Florida at the beginning of the year. “We were impressed with the level of initial orders and reorders from South Florida retailers so we have worked with Dragons, Ltd to bring over $100,000 of CBD Pharmacy® Vape Cartridges inventory to support anticipated growth in the South Florida market,” said Pearring. “Real Brands, Inc. has begun development of our internet strategy for CBD Pharmacy® Vape Cartridges while Dragons, Ltd has begun exploring distribution and retail partnerships in several major east coast markets.”
India Globalization Capital, Inc. (IGC)
Market Cap: $172.92M Share Price: $5.21
IGC announced that it has executed a distribution and partnership agreement for several products including a sugar free, energy drink called ‘Nitro G’. IGC plans to create a branded, hemp/CBD-infused version of the formulation that addresses market demand for energy drinks with the inclusion of healthy properties derived from hemp including CBD.
Aurora Cannabis, Inc. (ACBFF)
Market Cap: $9.51B Share Price: $9.88
Micron Waste Technologies Inc. reported positive results from the optimization of the Cannavore? cannabis waste processing units with Aurora Cannabis Inc.. The Company will now optimize the technology for sub-zero operations, as well as add computerized remote operating capabilities, following which Micron will commence to offer the units commercially.
MariMed, Inc. (MRMD)
Market Cap: $800.44M Share Price: $4.10
MariMed, Inc., a professional cannabis organization that develops cannabis facilities and brands of cannabis infused products in multiple states throughout the US, announced it had consummated its strategic investment in Sprout, an all-in-one CRM and marketing software company for marijuana dispensaries and cannabis brands. This completes the previously announced MariMed LOI for investment in Cannabis Venture Partners, parent company of Sprout.
Canopy Growth Corporation (CGC)
Market Cap: $10.90B Share Price: $47.39
Canopy Growth announced that Spectrum Cannabis, the cannabis corporation’s wholly owned subsidiary, has partnered with the Ontario Long Term Care Association to pursue the development and implementation of a long-term care medical cannabis study aimed at seniors. Canopy Growth and the OLTCA will recruit a group of long-term care homes to perform the study while evaluating quality of life outcomes, caregiver stress and the economic benefits of cannabis adoption.
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