There’s a handful of ways to consume your cannabis - from tinctures to vaping, the choices seem endless. Within the category of infused edibles, one of the product categories rising in popularity is infused beverages. From water to coffee, almost every popular drink out there is being infused to offer cannabis consumers a new way to ingest their cannabinoids. If you don’t believe us, Lagunitas just announced the release of their “SuperCritical Ale, a hoppy beer that is brewed with terpenes.”
Since this product category has been experiencing notable demand growth lately, we wanted to provide marijuana investors a briefing on 3 marijuana drink stocks worth considering for their portfolio. While Heineken N.V. is publicly-traded and owns 100% of Lagunitas Brewing Company, we wanted to give you the pure-play marijuana drink stocks that actually stand to measurably gain from this rapid-growth sub-sector.
The Tinley Beverage Company Inc. (CSE:TNY) (OTC:QRSRF)
The Tinley Beverage Company Inc. is a self described “ functional beverage company focused on hemp-infused beverages and supplements.” The company’s two product lines are Hemplify Vitality Elixirs and The Tinley Collective which are differentiated for a handful of reasons. Hemplify’s products are as the name suggests - hemp-based. Infused with CBD and terpenes, these drinks are a non-psychoactive way to consume your daily dose of cannabidiol. Given the hemp-derived nature of these beverages, they are available nationwide. The Tinley Collective’s products however are currently only available in California due to the fact that they’re infused with THC. This product line includes drinks like a THC-infused Margarita Cocktail and THC-infused Amaretto Extract. The company is actively exploring other legal distribution markets for these products along the West Coast.
Rocky Mountain High Brands, Inc. (OTC:RMHB)
Rocky Mountain High Brands, Inc. is similar to Tinley in that the company has two product divisions - Rocky Mountain High and Eagle Spirit Water. Since Eagle Spirit is just high alkaline spring water, we’re going to focus solely on Rocky Mountain High. Rocky Mountain High is a hemp-infused drink line that includes energy drinks, lemonade, and more. Rocky Mountain’s energy drink is pitched as a healthier alternative to commonly known brands like Red Bull. Containing hemp, ginseng, guarana, and other natural ingredients, these beverages taste great (we’ve tried them), and come in a variety of flavors. As with Hemplify’s products, Rocky Mountain High’s drinks are available across the country given that they’re infused with hemp rather than cannabis.
High Performance Beverage Co. (OTC:TBEV)
Back in March, High Performance Beverage Co., a performance sports drink manufacturer and distributor, announced that the company would be introducing a new line of THC and CBD infused sports drinks. Their CBD-infused sports drink is infused with Hemp-derrived CBD, making it legal in all 50 states. On the other hand, their THC-infused sports drink will be sold and distributed as individual state laws permit.
We hope that this was a useful intro to the marijuana drink stocks that are capturing market share in the high-growth infused-beverage space. As the cannabis drink space continues to develop, we'll be sure to update readers. Be sure to subscribe to one or more of our free e-mail newsletters so you never miss an important marijuana stock update. Also, don't forget to connect with The Daily Marijuana Observer on social media via Facebook, Twitter, StockTwits, and Instagram.