The CEO of Whole Foods just dropped a hint that the grocery chain could soon start carrying marijuana products. It's a sign that the biggest consumer companies are 'looming' over the industry.
Companies, agencies, institutions, etc
Whole Foods
Amazon
The Texas Tribune
Constellation Brands
Corona
Modelo
Molson Coors
Hexo
Heineken
Lagunitas
Foothill Capital Management
Cannabis Growth Fund
Bauer
Starbucks
CBD
the Food and Drug Administration
Coca-Cola
Walmart
Walmart Canada
Canopy Growth
Marijuana Business Daily
Green Growth Brands
American Eagle
Albertsons
AB InBev
Coca-Cola and Proctor & Gamble
Business Insider
Burggraeve
People
John Mackey
Bill Newlands
Hollis Johnson
Korey Bauer
Cowen
Peter Horvath
Schottenstein
Chris Burggraeve
Groups
Canadian
Canopy Growth
Physical locations
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Places
No matching tags
Locations
Texas
Canada
California
Ohio
Victoria
Events
No matching tags
Summary
Last year, Constellation Brands, the beer maker behind brands like Corona and Modelo, paid $4 billion for a 38% stake in the Canadian cultivator Canopy Growth, setting off a wave of tie-ups between consumer giants and cannabis companies. Read more: Marijuana could be the biggest growth opportunity for struggling beverage makers as millennials ditch beer for pot Constellation's incoming CEO Bill Newlands called cannabis "one of the most significant global growth opportunities of the next decade" on a recent call with investors. Analysts at the investment bank Cowen said they expect Starbucks to be the first coffee chain to introduce products containing CBD, a nonpsychoactive component of marijuana that's thought to have some health benefits — once the Food and Drug Administration clarifies its policies around using CBD as a food product.
As said here by Jeremy Berke