CBD: The Top Cannabis Beverage Stocks to Own in 2019

The CBD boom is just in the early stages of major growth. Thanks to growing acceptance, including Canada’s legalization in 2018, further U.S. state approval, and growing interest from corporate America the global cannabis market could reach $194 billion global market, according to the Bank of Montreal, as noted by Business Insider. One area seeing a major impact from the boom is the alcohol industry. Anheuser-Busch InBev announced a partnership with Tilray to research non-alcoholic beverages infused with THC and CBD. Constellation Brands invested $4 billion in Canopy Growth Corporation. Molson Coors agreed to a joint venture with The Hydropothecary Corporation. Heineken subsidiary Lagunitas even just partnered with cannabis company AbsoluteXtracts. However, this is just the start. In a recent Molson Coors’ annual shareholder report, the company listed legal cannabis among the biggest possible risks to its business. “The emergence of legal cannabis in certain U.S. states and Canada may result in a shift of discretionary income away from our products ... Click here to view full article