Coca-Cola Co. is dousing speculation that it’s getting into the cannabis business.
Speculation surged after a video posted to YouTube — since deleted — by a user with the screen name “Gabor the Blind Guy” showed a Coca-Cola can with a childproof lid. The man in the video says that his father is a head engineer for a company that “produces bottling and capping machines for many major pharmaceutical and food companies.”
He then says that Coca-Cola is planning to debut a new line of its classic drink in Canada that will feature CBD extract, the non-psychoactive ingredient in marijuana that treats pain but doesn’t get you high.
“These rumors are untrue,” Coca-Cola said in an emailed statement to Bloomberg News. “As we have stated many times, we have no plans to enter the CBD market.”
