CANADA – Molson Coors Canada, the Canadian business unit of Molson Coors Brewing Company, and HEXO Corp. have announced that they have closed the deal to form a joint venture to pursue opportunities to develop non-alcoholic, cannabis-infused beverages for the Canadian market following legalization. HEXO is an adult-use cannabis brand built by innovators and explorers,…
USA - The Coca-Cola Company, the global manufacturer for non-alcoholic beverages, is in “serious talks” with Aurora Cannabis Inc. to develop cannabis-infused beverages, a move that would signal a significant foray into the marijuana sector. According to Bloomberg, Coca-Cola is interested in developing beverages that are infused with cannabidiol, commonly referred to as CBD, the…
CANADA - Molson Coors Brewing Co., a multinational brewing company, has partnered with Canadian cannabis producer The Hydropothecary Corporation, to enter into a deal that will develop cannabis-infused beverages in Canada. According to the company, it is teaming with Canadian cannabis producer, The Hydropothecary Corporation (HEXO), to create a joint partnership "to pursue opportunities to…
USA - US brewer Molson Coors has expanded its portfolio of soft drink brands with the acquisition of California-based Clearly Kombucha from Top Shelf Beverages for an undisclosed sum. Kombucha is one of the fastest-growing segments of the packaged soft drinks market, and Molson Coors stated that projections estimate that the category will grow more…
UK – Molson Coors Brewing Company has announced the expansion of its cider portfolio through the acquisition of Suffolk, UK based Aspall Cyder Limited. The acquisition brings together two companies with similar family-orientated ownership structures, with close to 650 years of combined experience in operating excellence say the two companies. Founded in 1728 by Clement…
UK - Molson Coors has signed an agreement with China Resources Snow Breweries (CRSB), which gives the brand exclusive rights to distribute Snow beer to the UK market. Snow’s main market is China, and CRSB claims it is the highest-selling beer by volume in the world. “Consumers’ tastes are continuing to diversify which makes the beer market…
USA - Molson Coors Brewing Company has announced that Sergey Yeskov, currently Chief Sales & Customer Excellence Officer, has been promoted to the role of President and Chief Executive Officer, Molson Coors International, effective January 1, 2018. Yeskov had successfully led Molson Coors Croatia & Bosnia business to sustained share and profit growth before transferring…
