Ben & Jerry's Ice Cream wants to get  in on the cannabis business buzz.

The Unilever-owned (UL) - Get Report   ice cream maker is throwing its support behind the federal legalization of CBD-infused food products, announcing in a statement Thursday that it will create a CBD-infused ice cream flavor should CBD products be legalized at the federal level.

The announcement comes ahead of Friday's Food and Drug Administration public hearing on the legalization of CBD-infused foods and beverages. The company said that it has submitted a comment to the hearing in support of legalization. 

"We're doing this for our fans," said Ben & Jerry's CEO Matthew McCarthy in the statement. "We've listened and brought them everything from Non-Dairy indulgences to on-the-go portions with our Pint Slices. We aspire to love our fans more than they love us and we want to give them what they're looking for in a fun, Ben & Jerry's way."

The company said that it would use sustainably-sourced CBD from its home state of Vermont in any future CBD products.

Unilever shares rose 50 cents, or 0.82%, to end at $61.68 Thursday.

Cannabis related stocks were generally lower Thursday.

cbdMD shares (YCBD) - Get Report rose 14 cents, or 2.23%, to $6.43.

Green Organic Dutchman shares (TGODF) fell 12.14 cents, or 4.19%, to $2.78.

The Alternative Harvest ETF (MJ) - Get Report fell 50.3 cents, or 1.55%, to $31.94.

The AdvisorShares Pure Cannabis ETF (YOLO) - Get Report fell 14.01 cents, or 0.58%, to $24.22.

The Horizons Marijuana Life Sciences ETF (HMLSF) fell 14.8 cents, or 1.02%, to $14.32.

Large cap stocks with notable cannabis initiatives were mixed.

Shares of Anheuser-Busch InBev SA/NV Sponsored ADR (BUD) - Get Report rose $1.08, or 1.33%, to $82.38. The company is in a joint venture with Tilray to develop cannabis beverages.

Shares of Molson Coors Brewing Company Class B (TAP) - Get Report fell 74.5 cents, or 1.34%, to $54.72. The company is working to develop beers infused with cannabis for the Canadian market.

Name

Ticker

Price

% Chg

cbdMD

6.28

2.23%

General Cannabis

1.47

2.04%

Corbus Pharmaceuticals

7.22

0.84%

Greenlane Holdings

15.31

0.46%

New Age Beverages

5.31

0.09%

Canopy Growth

43.02

-0.78%

Aphria

6.94

-1.00%

Aurora Cannabis

8.09

-1.23%

Cronos Group

15.06

-2.10%

CannTrust Holdings

5.61

-2.41%

GW Pharmaceuticals

177.34

-2.50%

Hexo

6.84

-2.62%

Tilray

39.91

-4.06%

Tera Tech

0.70

-4.17%

Green Organic Dutchman

2.82

-4.19%