A CBD Company Now Owns a Big Chunk of Jones Soda

It’s common these days to hear about a food or beverage company investing in cannabis. It’s more unusual for a cannabis company to, say, snap up a soda brand. In recent months, an emerging cannabis firm has quickly acquired a significant position in Jones Soda (JSDA) with an eye on bringing the wild child of soft drinks into CBD beverages. Late Thursday, Heavenly Rx, a hemp portfolio company of cannabis investment firm SOL Global Investments…

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Author: Alicia Wallace, CNN