While it is good news to see CBD being marked as the next 'new' factor of distinction by the world's largest beverage companies (Coke and Pepsi #2 and #3 and Constellation Brands being #12), there is a 'problem' in the kind of volume these global beverage giant require. Constellation's A$5.31 billion investment in Canopy shows that large players are positioning to guarantee that supply. I doubt that Linnea could ever supply enough CBD for BOD to produce more than just a niche drink....but that could be a good thing.
BDA Price at posting:
58.0¢ Sentiment: Buy Disclosure: Held