Molson Coors to launch Coca-Cola's first alcoholic beverage in the U.S.

Molson Coors shares were up about 5% in premarket trading. The U.S. launch of the hard seltzer version will help Coca-Cola push further into alcoholic drinks and expand its market beyond Latin America and Japan, where it sells Lemon-Do drink. Molson Coors will launch Topo Chico in the first half of 2021, its third hard seltzer to hit the shelves.