Coca-Cola Rolls Out Herbal Drink ‘Habu’ in Thailand and 2 More Heavily Traded Stocks to Follow
The Coca-Cola Co. (NYSE:KO): Closing price $39.03
Coca-Cola is moving towards marketing drinks other than sodas, promising in May to help combat worldwide obesity — partly by offering more beverage choices. On Wednesday, the iconic firm made good on that promise, debuting a bottled “herbal tea” drink in Thailand named Habu. The new offering is made with four herbs: roselle, licorice, luo han guo, and cogon grass.
Roselle is a species of hibiscus to reduce cholesterol and is often included in Asian teas. Licorice is utilized to assuage coughs, sooth ulcers, and stomach inflammation, as well as to control blood sugar. Luo han guo is a fruit used as a sweetener and cogon grass is employed to treat fevers. Coca-Cola did not immediately answer inquiries about whether it will market Habu as a health product.