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Molson Coors Canada Plans on Working With The Hydropothecary Corporation to Make Drinks Brewed With THC

Molson Coors Canada is seeking to disrupt the country’s beverage industry by entering into a joint venture to develop non-alcoholic cannabis-infused products that could give it a leg up as more countries legalize the narcotic.

The business arm of Molson Coors Brewing Co. said Wednesday the venture with The Hydropothecary Corporation, now branding itself as HEXO, will be a stand-alone startup with its own board and management team, with Molson Coors Canada having a 57.5 per cent interest and HEXO holding the balance.

Read the full article from the Toronto Star.