Report: Monster Beverage Considers Expansion Into Alcohol, Cannabis

Monster Beverage Corp (NASDAQ: MNST) has a thirst for more than just energy drinks.

The company’s CEO told shareholders Thursday that Monster could move into alcoholic beverages, including hard seltzers; nonalcoholic drinks; and is even open to exploring cannabis beverages, according to The Wall Street Journal

“We do have an appetite to look at alternative brands and to develop more beverages in the nonalcoholic … as well as the alcoholic market,” CEO Rodney Sacks told investors in a private session, according to the …

Full story available on Benzinga.com

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