September 17, 2018 / 1:53 PM / a month ago

BUZZ-Canadian weed cos: Up on Coke's plans to enter market

(Updates share prices)

** Aurora Cannabis Inc’s shares jump more than 20 pct to C$10.26 on report that Coca-Cola is in talks with co to make health-focused weed-induced drinks

** U.S.-listed shares of rival Canadian marijuana producer Tilray Inc also rise 7 pct; Coca-Cola’s shares were trading flat

** Beer makers Constellation Brands Inc and Molson Coors Brewing Co have earlier signed deals with Canopy Growth and HEXO Corp, respectively, to make cannabis-infused drinks

** Shares of marijuana producers have surged in the run up to sale of recreational weed in Canada, starting Oct. 17

** Up to Friday’s close, ACB had lost 11 pct YTD; TLRY’s stock had risen nearly five-fold since its listing on July 19 (Reporting by Debroop Roy in Bengaluru)

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