Cannabis Cocktails? Constellation is Mulling it

The company behind Corona beer, Robert Mondavi wine and Casa Noble Tequila is considering moving into the market for legal marijuana by selling alcoholic beverages infused with cannabis.

“Why wouldn’t big business, so to speak, be acutely interested in a category of that magnitude?” Constellation Brands (STZ) CEO Rob Sands told Bloomberg News, as he described the company’s thinking about entering a burgeoning legal market that’s forecast to reach $50 billion in sales by 2026.

In a statement to CBS MoneyWatch, Constellation noted that a cannabis cocktail isn’t coming to market anytime soon given the uncertainty around the legality of marijuana.

– Read the entire article at News.