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Tag Archive: Canada

Constellation Moves Into Marijuana With $191M Stake In Canada’s Canopy Growth

Constellation became the first major drinks marketer to make a play in the cannabis category over the weekend, agreeing to take a 9.9% stake in Canada-based cannabis company Canopy Growth Corp. for about $191 million. Continue reading →

Posted in News on October 30, 2017

Constellation Eyes $770M IPO For Canadian Wine Unit

Constellation Brands is planning to spin off its Canadian wine business and take it public later this year, with an IPO estimated to fetch C$1 billion ($770m), reports Bloomberg. Continue reading →

Posted in News on June 6, 2016

Wine Spectator: American Wine Sales May Suffer As Canada And U.S. Battle Trade Issues

A trade dispute between the United States and its northern neighbor has turned serious in recent weeks, and American winemakers are beginning to fear that their sales in Canada—the top export market for U.S. wine—will be badly damaged. Continue reading →

Posted in News on May 28, 2015

Canada, U.S. Wine’s Top Export Market, Considering Steep Tariffs After WTO Ruling

Retail sales of U.S. wine reached a record-high in Canada in 2014, surpassing $1 billion, but the Wine Institute fears that the Canadian government may be on the verge of enacting retaliatory tariffs that would severely hamper U.S. wine exports to the country. Continue reading →

Posted in News on May 19, 2015

News Briefs for February 27, 2015

•The Pennsylvania state House of Representatives voted this week to approve a proposal to privatize the state’s wine and liquor retail sales and wholesale business through a series of private licenses, the Pittsburgh Post-Gazette reported. Continue reading →

Posted in News on February 27, 2015

Liquor Stores N.A. Looks To Expand Its U.S. Presence

With two new stores planned for Kentucky, Canadian-based Liquor Stores N.A., Ltd. is positioning itself for further expansion in the U.S. market. Continue reading →

Posted in News on December 11, 2014

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