No it doesn't, as long as it's unsulfered, folks living out in the country around me make their own molasses, for their families to enjoy on their biscuits.
They still use mules tied to a pole ,going around in small circles grinding, up the sugar cane. They sell it in metal buckets for about 8-10 dollars a gallon. It doesn't smell very good ,but it's sure good on homemade biscuits.
You can buy it grocery stores a little cheaper.