“Although the ultimate impact is currently unknown, the emergence of legal cannabis in certain U.S. states and Canada may result in a shift of discretionary income away from our products or a change in consumer preferences away from beer,” the company wrote in its latest 10-K filing.
The Maine law that legalized marijuana for recreational use has a stipulation that marijuana cannot be consumed inside daycares during hours of operation.
The street value of the drugs seized is estimated at $560,000.
The San Francisco Unified School District said in a statement Wednesday that the students’ symptoms were “consistent with marijuana intoxication.”
Colorado’s House Finance Committee advanced a bill which would establish a pilot project allowing for home delivery of medical and recreational cannabis.
The company specializes in cold brews infused with compounds such as taurine, collagen, along with cannabis derivatives cannabidiol (CBD) and hemp seed oil.