Article by Toronto Sun
Canadian pot producer Canopy Growth Corp on Thursday launched its first cannabidiol (CBD) infused beverage line in Canada, banking on continued demand for cannabis drinks which have gained popularity during coronavirus-related lockdowns.
A non-psychoactive compound derived mainly from the hemp plant, CBD is being researched for various medical applications and has found increased use as a relaxative.
Canopy said its “Quatreau” line of sparkling waters comes in two variants — one with only CBD and another with a limited amount of tetrahydrocannabinol (THC), the cannabinoid which causes a high.
A study by analytics firm Grand View Research in January estimated the global cannabis beverage market could reach over $2.8 billion by 2025.