Warren Buffett and Charlie Munger don't want Coca-Cola in the cannabis business Unlisted Video
5 years ago
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Warren Buffett
Charlie Munger
The Coca-Cola Company
Molson Coors Brewing Company
Constellation Brands
Wesco Financial
Bill Gates
Howard Graham Buffett
Aurora Cannabis
Warren Buffett loves Coca-Cola and his company, Berkshire Hathaway, is the largest shareholder. According to Business Insider, Buffett’s company owns nearly 10 percent stake worth $19.5 billion. Buffett and Charlie Munger don’t think Coca-Cola should get into the cannabis business. They said: "They have a wholesome image and that would be detrimental to it." While there are rumors of a partnership for CBD-infused drinks, Coca-Cola executive said it wouldn’t be anytime soon.
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