With marijuana edibles and beverages becoming legal to sell in Canada this week, major pot producers and their beer-brewing backers are readying their lineup of CBD-infused drinks to hit store shelves.
Canopy Growth (NYSE: CGC), HEXO (NYSE: HEXO), and Tilray (NASDAQ: TLRY) have all announced they're prepared for the launch, though each of them is approaching the market slightly differently.
Unlike the starts and stalls the legal dry-flower weed business has gone through since marijuana was legalized in Canada, it looks as if beverages and edibles will see a smoother launch that could help the stocks of the pot producers recover the ground they lost this year. It could even make them profitable.