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Based in Portland, Oregon, Graham oversees our daily news coverage and coordinates our editorial content. He also writes articles of his own and conducts our written interviews with leading cannabis experts. Thus, mothers, who tend to do the majority of purchasing for their households, may be driven towards a different brand if Coca-Cola releases a cannabis-related product. Maggie Chen is a business student at the University of Southern California whose interest in cannabis how to make your own cbd vape oil legality and its implications was sparked after studying abroad in the Netherlands. NACS serves the global convenience and fuel retailing industry by providing industry knowledge, connections and issues leadership to ensure the competitive viability of its members’ businesses. The foundations of personal leadership are the soft skills and interpersonal skills that form the basis for customer-service excellence, team engagement, and a positive company environment.
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- Lagunitas debuted the Hi-Fi Hops earlier this year, a THC-infused and non-alcoholic beverage, while Blue Moon creator Keith Villa announced plans to debut an entire line of similar drinks.
- The Coca-Cola Co. is reportedly close to inking a deal with Aurora Cannabis, one of Canada’s largest cannabis producers, to create a new range of CBD-infused beverages designed to help fight inflammation and chronic pain.
- To relax, thus making it, in the minds of corporate drink moguls, the perfect additive for a beverage.
My goal is to use Youtube to teach the whole world how scientific methods can be used in everyday life from improving sales to maintaining a zen life. Any recommendations or opinions stated in a report are done so based on assumptions made by The Green Fund. Any opinions expressed are subject to change without notice and may not be updated by The Green Fund. Louis is a writer based in Sydney with a focus on social and political issues. Having interviewed local politicians and entrepreneurs, Louis now focuses on cannabis culture, legislation & reform. While much of the anecdotal evidence is positive, it’s not all sunshine and rainbows for CBD beverages.
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It’s perhaps no surprise, then, to learn that many believed the rumors of Coca-Cola’s imminent CBD-based drink, considering the worldwide demand for this hemp derivative. The flavors are Peach Ginger , Berry Lavender , Mango Citrus and Acai Basil . Irisa is described as a female-focused wellness brand with plans to move to other product categories. The most well known Docklight brand is Marley, a maker of CBD and THC products. Docklight purchased a 30 year global license from the Marley family for this venture, and now sells CBD edibles, as well as psychoactive items in dispensaries. Marano, who joined Docklight this year from The Coca-Cola Company, told BeverageDaily that in his work with CBD, he’s found that most brands have very low trial.
Would likely favour a joint-venture type of deal with a cannabis producer rather than making a large equity investment that could be at risk if pot company valuations decline in the coming years. The partnership is indeed likely to be a lucrative one, considering the exploding popularity of CBD. The market for this non-psychoactive cannabinoid is expected to exceed $2 billion by 2020, and luxury hotels, restaurants, and spas are rushing to offer CBD-infused products to their customers. Coca-Cola also has a special advantage in the cannabis sector, as around a third of pot consumers prefer Coke to any other leading soda brand, according to a recent survey. Coca-Cola is in talks with a major Canadian cannabis company about creating a non-psychoactive cannabis-infused beverage. Multiple sources with knowledge of the discussions told BNN Bloomberg that the 132-year-old cola company is in “serious” talks with Aurora Cannabis, a large marijuana company headquartered in Vancouver, Canada.
From April 5th to December 17th, another account has recorded the tweets – @FDACommissioner. CBD beverages are still relatively new, considering that the Food and Drug Administration is still working to regulate this part of the market. Coca-Cola has consistently stated that they won’t be entering the market, but a video that popped up on YouTube suggests otherwise.
However, Coca-Cola wouldn’t be interested in following the trend set forth by alcohol companies making similar plays into the cannabis-infused drink market. Lagunitas debuted the Hi-Fi Hops earlier this year, a THC-infused and non-alcoholic beverage, while Blue Moon creator Should I eat CBD Gummies before or after a meal? Keith Villa announced plans to debut an entire line of similar drinks. Don’t forget Moors Colson, has very publicly flirted with entering that market as well. Landry said that large consumer-packaged goods companies such as Coca-Cola or Switzerland-based Nestle S.A.
Aurora isn’t the only company that Coca-Cola has discussed developing a cannabis strategy with. Executives from Coca-Cola held high-level talks with Leamington, Ont.-based Aphria Inc. two months ago, but didn’t progress further, one source directly familiar with the discussions told BNN Bloomberg. The beverage giant’s desire to diversify its portfolio was demonstrated last month when it announced an agreement to buy Costa Ltd., the U.K.’s biggest coffee retailer, from Whitbread Plc. Short-term stock market jitters are a great opportunity to pick up high-growth stocks like these at a discount. For now, though, we’ll just have to wait and determine if the company decides to go for it.
Cannabis beverages already exist in legalized states, but they have been a very small part of the cannabis consumer market. Typically, sales only command about 1% of the market according to Headset data. Last month, the Oursons au CBD végan Globe and Mail reported that Coca-Cola had been circling the cannabis industry, trying to find a way in. At the time, it wasn’t clear which company Coke might partner with or what product they might be developing.
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The Coca-Cola Co. is reportedly close to inking a deal with Aurora Cannabis, one of Canada’s largest cannabis producers, to create a new range of CBD-infused beverages designed to help fight inflammation and chronic pain. “It’s going to be more of the ‘recovery drink’ category,” an anonymous source said to Bloomberg. Both companies have officially declined to discuss the details of the potential partnership, but the source said that the two firms are “pretty advanced down the path” of negotiations. According to these sources, Coke is not interested in creating a drink that would get people high, unlike some other big beverage companies.
As more mainstream corporations signal their interest in marijuana, industry insiders said they expect more consumer packaged goods companies to explore deals. Coca-Cola is the latest in a long line of beverage giants to pursue deals in the marijuana industry. Tilray was up about 7%, while both Canopy Growth and Cronos Group were up about 2%.
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- This is a huge step if the drinking giant Coca-Cola uses CBD in it’s beverages.
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This doesn’t mean Coca-Cola isn’t planning on talking with companies about possible beverage deals at some point; it would be a huge mistake not to. And many of the products that will drive sales in that space will be infused foods and beverages, in addition to cosmetics, topicals and other medicinal and therapeutic salves. According to a late-2017 study inObesity,fewer people and even fewer young people are drinking sugary beverages.
In any case, the potential addition of CBD to Coke products seems like a classy step up, ingredient-wise, from both sugar and cocaine. While Coke contends “no decisions have been made at this time”, it’s likely it won’t be long before the revered soda company makes an official announcement about a final decision. They’ve already begun expanding on their product line by offering mineral water, juice, tea, and Powerade to countless consumers across the world.
Including all the above will help you to get adequate quantities of the omega3 types each. Take supplements if sense your diet does not contain sufficient omega much more. The discussions with Aurora are focused on CBD-infused drinks to ease inflammation, pain and cramping, according to the BNN Bloomberg report. CBD, or cannabidiol, is the chemical in the pot plant often used for medicinal purposes, and doesn’t produce the high that comes from THC, or tetrahydrocannabinol. There are no guarantees of any deal between Aurora and Coca-Cola, according to the report.
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As consumers seek out more protein packed snacking and breakfast options, provide them with an exceptionally delightful eating experience. While operators are streamlining menus amid labor and supply issues, innovative menus are critical for attracting consumers to restaurants. Canada is set to legalize cannabis on October 17 after both houses of Parliament voted to make the How does 750mg CBD Gummies compare against 250mg, 500mg and 750mg CBD gummy bears? drug available for recreational use. Hugh Johnston, chief financial officer of the soda and snacks giant, acknowledged the company’s interest in an interview with CNBC. Unlike another marijuana compound, tetrahydrocannabinol, also known as THC, CBD doesn’t make you high or intoxicated. This new classification will still require companies jumping over bureaucratic hoops.
- Crespo, a 28-year company veteran, was appointed as Coca-Cola’s first chief growth officer in 2017 when the business got rid of the traditional chief marketing officer role.
- The flavors are Peach Ginger , Berry Lavender , Mango Citrus and Acai Basil .
- Coca-Cola’s role as a groundwater polluter and creator of over 100 billion plastic bottles annually.
- Further, neither the information on the Site nor the information provided during webinars or other events is business, legal or tax advice and should not be relied on as such.
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Johnston noted that cannabis is still illegal under federal law throughout the United States, even though some states have legalized it. But he said the company would “turn over every stone to look for growth.” Ultimately, I really dig how management has sparked momentum in a lagging company. KO stock remains a beverage play, and that’s what its investors should focus on. The Coca-Cola Co. rolled out a new look for its Coca-Cola Flavors Portfolio. The modern design features vibrant, colorful cans to quickly communicate flavors and a bold, dominant script to hero the Coca-Cola branding.
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What gives KOIOS the early-mover advantage among beverage companies, according to Chris Miller, is their line of healthy drinks that are infused with non-THC hemp oil. These all-natural, CBD-rich beverages contain a proprietary blend that balances Omega 3’s and Omega 6’s, and can boost mental clarity, energy, memory, and concentration without the use of chemicals, medications, caffeine, or sugar. Coca Cola is the world’s largest beverage company, with over 500 soft drink brands sold in more than 200 countries. Every day, the world drinks more than 1.9 billion servings of their beverages including Coke, Diet Coke, Fanta, Sprite, Dasani, Powerade, Schweppes, Minute Maid and more. Coca-Cola is reportedly talking with Canadian marijuana producer Aurora Cannabis Inc. about CBD-infused beverages. But if Coca-Cola partners with Aurora, it would raise the level of legitimization of the cannabis industry more than any of the other deals, in my view.
Any other content or opinions listed on these websites are not necessarily shared or condoned by PuraPhy.com. Kellogg’s, Coca-Cola Company, and PepsiCo, Inc. all serve on the CBA’s board of directors, but they’re not working alone. A Southern California native, Benjie has worked in cannabis news for over half a decade with the Nug Life Radio Show, Speakeasy 710 Show, and the Candid Chronicle. It’s likely a safe bet to assume that the company won’t stay out of the cannabiz forever. The Coca-Cola can in the video had a custom cap on top of it, which Gabor the Blind Guy claimed was designed to keep children from accessing the contents of the can.
- Also, Constellation Brands made two significant investments in Canopy Growth.
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- Taking both factors into account, it’s almost inconceivable that Coca-Cola, one of the world’s largest purveyors of beverages, wouldn’t make moves into the cannabis space.
- However, the chief growth officer conceded that “one day” those two things might change, explaining how his boss, Coca-Cola chief executive James Quincy, takes a “never say never” approach to running the business.
- Statistics state that one in four people have tried to use CBD in the past two years.
- Concerned about gaining weight from too much sugar, many people opt instead for artificially sweetened diet soda.
If they entered the space, they would be one of the biggest manufacturers to do so. Coca-Cola could potentially gain a global share of CBD-infused drinks before anyone else as a result, opening up the floodgates for the industry to really start to crack off. There are certainly good reasons why it would make sense for Coca-Cola to offer a drink containing CBD and to work with a Canadian company to produce it. The country became the second nation–after Uruguay–to legalize recreational marijuana, a law that goes into effect next month. Meantime, here in the United States, marijuana is in an odd legal limbo–legal in some states, illegal in others, legal for only certain medical uses in others. It’s still illegal at the federal level, which means federal law enforcement could prosecute cannabis stores or users at any time, although so far they’ve mostly tolerated CBD products.
Coca-Cola aims to convince consumers that its products are compatible with a healthy lifestyle. CBD, a wellness all-star, could be a great delta 10 thc effects asset for Coca-Cola’s image-crafters. They would go to great lengths to deflect attention from the company’s unwholesome history.
These plants are grown legally under the United States Farm Bill of 2014 signed by President Barack Obama, the 44th President of the United States of America. Despite the high likelihood of success, Coca-Cola and other major consumer-packaged goods companies are hedging their bets by partnering with existing cannabis companies rather than creating their own how long does full-spectrum cbd stay in your system marijuana production facilities. “There’s a lot of interest from CPG and liquor and tobacco to look at cannabis as a new growth vector,” Martin Landry, managing director of equity research at GMP Securities LP, said to Bloomberg. Readers should note that the regulations and data surrounding marijuana, CBD, and other related products are still developing.
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Soon after, Molson Coors, the second largest brewer in the world, announced that it, too, was joining the cannabis-infused beverage trend in hopes of testing a product on the Canadian market. But unlike similar deals that have gone down over the past year, Coca-Cola is not interested in marketing a beverage that gets the user high. Instead, the company hopes to devise a beverage infused with the non-intoxicating portion of the plant known as cannabidiol . Soft drink gargantuan Coca-Cola, a company that used to put traces of cocaine in their popular brand, is now the latest of the beverages sector to consider jumping into the business of marijuana.
Debra has a Master’s degree in Business Journalism from New York University. The Constellation move was followed by a joint venture between Molson Coors and Hydropothecary Corp. to develop a cannabis drink. Lagunitas, owned by Heineken has already launched a THC beer called Hi-Fi Kann ich CBD Gummibärchen zusammen mit anderen CBD Produkten konsumieren? Hops. Constellation Brands kicked off the cannabis beverage battle when it billions investing in Canopy Growth Corp. . The investment came under fire from Moody’s, who called it a speculative bet. Even some Constellation shareholders had complained the board had gone rogue.
- Medication can only treat signs and often carry potential side effects that worsen your manifestations.
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- The idea is that consumers would prefer the drinking experience to continue, but instead of getting buzzed by alcohol, they would feel the effects of cannabis.
- Though within the industry there is an emergent trend; that of a more natural drink.
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That said, the social stigma is fading and furthermore, CBD does usually not show in a drug test. Even though the report specifically stated that Landers did not comment about interactions with Aurora, Aurora’s shares jumped an astounding 23 percent, and a few other cannabis-industry stocks saw a similar boost. The excitement that something like cannabidiol, a cannabis derivative, could possibly become part of one of thetop-five most valued brands in the worldgenerated quite the buzz in the CBD industry. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. Earlier this year, alcohol producer Molson Coors Brewing said it will make cannabis-infused drinks with Hydropothecary, while Corona beer maker Constellation Brands invested $4 billion more into marijuana producer Canopy Growth. In 2008, Coca Cola unveiled a new fountain drink machine, which allowed customers to prepare drinks, mixing a variety of flavors, from their smart phone.
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We’re taking action in areas where we know we have significant impact, and which our stakeholders want us to prioritise, including sustainable packaging, consumer wellbeing, energy and climate, and water stewardship. The drug is still illegal under US federal law, although some states have decriminalized it. Coca-Cola Zero Sugar Byte – which ‘brings the flavor of pixels to life in a limited-edition beverage that transcends the digital and physical worlds’ – is launching across global markets. Popular among millennials and boomers alike, the non-psychoactive product now found in oils, creams, cosmetics, and edibles is loved for its apparent therapeutic effects. Other Docklight brands include makers of CBD chocolates and confections , a non-alcoholic bloody mary mix infused with CBD , varieties of CBD ginger beer and a sparkling yerba mate tea .
- In many parts of the US, however, CBD still exists in a legal gray zone.
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- “We discovered that there were a lot of people that really preferred Cherry Sprite.
- “We are closely watching the growth of non-psychoactive CBD as an ingredient in functional wellness beverages around the world,” Coca-Cola spokesman Kent Landers said in an emailed statement to Bloomberg News.
Expect to pay more for a schnitty as the hospitality industry continues to battle rising costs of doing business. The Zacks Consensus Estimate for quarterly revenues is pegged at $4.42 billion, which suggests a rise of 1.7% from the figure reported in the prior-year quarter. In June, the US Food and Drug Administration approved the epilepsy treatment Epidiolex, the first cannabis-based drug allowed in the United States. Many users especially reach for CBD to ease anxiety and depression or relieve pain, but it’s also known for clearing the skin, promoting a better night’s sleep, and helping smokers to quit. While CBD became legal when the Farm Bill was passed in 2018, many still don’t know all the facts about CBD oil.
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Unfortunately, this Atlanta-based beverage company dashed these speculations recently making their stance quite clear. This isn’t the first time that people have speculated about Coca-Cola’s potential interest in entering the cannabis space. what does cbd look like vs weed Bloomberg reported last year that the company was monitoring the industry but hadn’t made any decisions yet. An employee tends to marijuana plants at the Aurora Cannabis Inc. facility in Edmonton, Alberta, Canada, on Tuesday, March 6, 2018.
Landry added that consumers want the liquor and tobacco to invest in the cannabis industry. Landry also mentioned the fact that big companies in other industries had plans on investing in the promising cannabis industry. The spokesperson for Aurora Cannabis, Heather MacGregor, also refused to speak about the potential deal with Coca-Cola. But she agreed that Aurora Cannabis has plans on taking advantage of the CBD beverage market.
Last week, Coca-Cola announced its deal to buy out Starbucks competitor, Costa Coffee Co., for $5 billion. If the 132-year old beverage company hopes to stay relevant, it will need to keep up with the innovation of the market beyond producing more caffeinated drinks. The infused-beverage and cannabis drink market has attracted even beer companies, as traditional sales decline across the board. “Along with many others in the beverage industry, we are closely watching the growth of non-psychoactive CBD as an ingredient in functional wellness beverages around the world,” the statement read. Canopy Growth CEO Bruce Linton has said that his company and Constellation plan to launch cannabis-infused beverages including zero-calorie drinks with mixtures of cannabinoids.
Coke is not the only company to start making plans for an entry into the cannabis-infused beverage market. As the green rush continues into 2020 and beyond, there is a new growth pattern unfolding in the budding marijuana and hemp industries; streaming cannabis-related content to major platforms. While CBD may be the star of the show in the past year or two, the culture within the cannabis market is experiencing an upward trending demand in terms of knowledge, insight and user-education for all aspects of the space. In September 2018, Coca-Cola and Aurora Cannabis were reportedly partnering to create CBD-infused beverages.
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Coca-Cola has repeatedly denied any intention to be involved with the cannabis and CBD market. We are not medical experts and nothing should be construed as medical advice. Be sure to speak with your physician before taking CBD or any other treatment. USDA’s hemp plan could change soon as several stakeholders in the hemp industry have expressed concern over certain aspects of the interim final rule. States are preparing to grow hemp under the 2018 Farm Bill as the United States Department of Agriculture has begun to approve state hemp plans. Shortly after, the video was deleted, along with Gabor’s Facebook, Twitter, and YouTube accounts.
- Any opinions expressed are subject to change without notice and may not be updated by The Green Fund.
- Both Coke and rival Pepsico have been trying to expand their businesses beyond traditional soft drinks as people drink less soda because of health concerns.
- Marano, who joined Docklight this year from The Coca-Cola Company, told BeverageDaily that in his work with CBD, he’s found that most brands have very low trial.
Roughly 30 percent of US adults consume sugar-sweetened beverages on a daily basis, this includes soda, among the most popular being Coca-Cola. As cannabidiol products have risen in popularity over the past year it seems that just about every market imaginable has sought to integrate this compound into their products. Coca-Cola’s interest in cannabidiol infused drinks comes at a time when awareness of the obesity prevention has begun to hurt profits, sugary drinks being a large contributing factor to obesity. According to the Bloomberg report, the Aurora CBD-infused drinks with Coca-Cola would be focused on easing inflammation, pain, and cramping. Coke currently makes and distributes Powerade, and it is currently unknown which beverage will be chosen for the venture.
Coca-Cola has no plans to enter the CBD market with its products, dismissing rumors about the company selling beverages incorporated with hemp oil. The Coca-Cola Company is in “serious talks” with Aurora Cannabis to develop a CBD-infused beverage, according to a report from BNN Bloomberg Television. The news sent shares of Canadian marijuana producer Aurora Cannabis up as much as 23 percent to $8 in early trading on Monday. The stock had settled to a gain of about 14 percent by noon Eastern time.
From tinctures and gummy bears to pastries and beverages, people are finding wildly innovative ways of taking CBD. The hemp-derived chemical is said to be a potent and versatile medicine, effective against a variety of ailments from chronic pain to insomnia. Hemp, for instance, which is another non-psychoactive form of cannabis, has for hundreds of years influenced medicinal and health-related goods, from seeds that people eat to clothes that people wear to beauty products that people use.
Plus, you can go here to access our highly informative report on how you can capitalize on the CBD and performance-beverage markets in 2018. A representative from the beverage company told Bloomberg that the company is closely monitoring the nascent industry and is interested in infusing CBD oil with its drinks. It seems CBD-infused drinks will be Coke’s way to reach audiences interested in health and wellness. CBD as an ingredient for “functional wellness beverages” with the purpose of easing inflammation, pain, and cramping. HealthMJ is actively mapping out the entire CBD ecosystem, from the best CBD oils, gummies, skincare, salves/balms, drinks/beverages and pet products – we got…
But artificially sweetened drinks might be even worse for your health than regular soda. A holding company focused on product development in the better-for-you and hemp and CBD functional beverage sector. I focused on a penny stock beverage company after having fresh news, and a good pattern developed.
- The difference, according to Coca-Cola’s position, is their desire to make a ‘recovery drink,’ according to one source.
- The Atlanta-based cola giant would be far from the first drink manufacturer to produce a cannabis-infused beverage.
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If you withdraw your consent, we may not be able to supply certain products or services to you. We will tell you if this is the case at the time you withdraw your consent. The spokesperson of Coca-Cola, Kent Landers refused to publicly talk about the deal with Aurora Cannabis.
Molson Coors Brewing Co., are teaming up with Canadian marijuana producers to get into the growing market. Coca-Cola CEO James Quinceydismissedthe same rumors in October, saying, “We don’t have any plans at this stage to get into the space. So that’s kind of where we are.” The former Commissioner still has a personal verified account under @ScottGottliebMD, which he used to voice his opinion of the deletion, which he called an “unfortunate disservice” on December 23rd. Reporters already angrily took note of the deleted tweets, leading the FDA to make a downloadable HTML file that contains Gottlieb’s tweets. However, this archive is missing major statements from the former official, like details on the recent epidemic of vaping, the price of prescription drugs, and opioid addiction. Furthermore, the tweets don’t include any of the comments posted by other Twitter users, which may or may not include federal responses.
“Entry into a legalized Canadian market allows them to develop and build a brand while not breaking any laws,” Bruce Campbell, an investor who’s invested in weed producers, told Reuters. They added that the company enjoyed a ‘wholesome image’ and releasing cannabis products could prove damaging. Consumers, from Millennials and upward, see functional beverages as a great way to obtain benefits for immune, digestive and joint health.
A single dose reduced unusual patterns of neural behaviour linked to hallucinations, delusions and other symptoms of psychosis, researchers found after examining brain scans. Coca-Cola is focused on properties of cannabis that treat pain without getting users high. James Quincey, Coca-Cola CEO, dispelled the speculation in October, declaring that the company does not plan to get into the CBD space at this stage. Coca-Cola, the world’s largest beverage maker, and Aurora Cannabis are “pretty advanced down the path” of coming to an agreement, according to an unnamed source familiar with the negotiations between the two companies.
The consensus mark for Church & Dwight’s quarterly earnings has moved down by a penny in the past seven days to 76 cents per share. The consensus estimate for CHD’s first-quarter earnings suggests a decline of 8.4% from the year-ago quarter’s reported figure. The company is likely to register top-line growth when it reports first-quarter 2022 earnings. The consensus mark for CHD’s quarterly revenues is pegged at $1.28 billion, which suggests 3.6% growth from the figure reported in the prior-year quarter. On the last reported quarter’s earnings call, the company expected adverse currency rates to hurt top and bottom lines in the first quarter. The company expects a currency headwind of 3% on revenues and 5% on comparable earnings per share for the first quarter.