Marijuana producer Aurora Cannabis says there is no beverage deal to announce

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Coca-Cola said on Monday it is studying the use of a key ingredient in marijuana in "wellness beverages", as a growing number of mainstream companies develop cannabis-infused drinks.

Aurora Cannabis issued a statement early Tuesday saying it does not have a deal with Coke or any other beverage company to create cannabis-infused beverages.

Soft drinks corporation Coca-Cola is in talks with a cannabis producer to develop marijuana drinks.

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In September 2018, reports emerged that the beverage giant Coca-Cola had entered negotiations with a Canadian cannabis company over producing a new, cannabis-infused drink. The new beverages will be pegged to drinkers who suffer with inflammation, pain or cramping.

Coca-Cola and Aurora Cannabis Inc. both declined to confirm the reports by BNN Bloomberg.

Cannabidiol is a chemical in marijuana that does not have the intoxicating effects of THC, the major active ingredient that causes the "high".

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"The space is evolving quickly", Coca-Cola said.

"The company does confirm that it engages in exploratory discussions with industry participants from time to time".

We asked the company for confirmation, denial or clarification of Bloomberg's reports but did not receive a response in time for publication.

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