Warren Buffett And Charlie Munger Don't Want Coca-Cola In The Cannabis Business



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.
https://www.businessinsider.com/weed-warren-buffett-charlie-munger-say-coca-cola-shouldnt-invest-2019-5

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