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Tag Archive: cannabis

News Alert: Report: Diageo Eyeing Entry Into Cannabis

The world’s largest spirits marketer is reportedly eyeing deals to enter the cannabis market. Continue reading →

Posted in News on August 24, 2018

Interview: The WSWA’s Move To Back Legalized Cannabis

Last night, the Wine & Spirits Wholesalers of America (WSWA) officially came out in favor of legalized cannabis in states that pledge to regulate the category like beverage alcohol. Shanken News Daily met with Dawson Hobbs, the WSWA’s acting executive vice president for external affairs, to discuss the group’s new position on cannabis, and the role beverage alcohol wholesalers could play in the category looking ahead. Continue reading →

Posted in News on July 13, 2018

News Alert: WSWA Says It Supports Legalized Cannabis If Regulated Like Alcohol

The Wine & Spirits Wholesalers of America (WSWA) trade group is mounting a new push to convince Congress to recognize the legality of cannabis in states that have approved it for recreational use—but only if states agree to regulate cannabis as they do alcohol. Continue reading →

Posted in News on July 13, 2018

News Briefs for November 7, 2017

•Constellation Brands has completed its acquisition of a 9.9% stake in Canadian cannabis producer Canopy Growth. Continue reading →

Posted in News on November 7, 2017

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