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Tag Archive: Canopy Growth

Canopy Growth To Invest $100-$150 Million In New York Hemp Operation

Canopy Growth, the cannabis producer in which Constellation holds a 38% stake, is set to invest between $100 million and $150 million in a new Hemp Industrial Park to be located in upstate New York. Continue reading →

Posted in News on January 15, 2019

Constellation Posts 8.6% Sales Growth, But Forecasts Full-Year Decline For Wine And Spirits Unit

Constellation Brands has posted net sales of $6.3 billion for the nine months through November, up 8.6%, with operating income rising 10% to $1.95 billion. Continue reading →

Posted in News on January 9, 2019

Constellation Gains Approval For $4 Billion Cannabis Investment

Constellation Brands’ previously announced $4 billion investment in Canadian cannabis producer Canopy Growth has closed, after gaining shareholder and Canadian government approval. Continue reading →

Posted in News on November 2, 2018

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

Constellation Places $4 Billion Bet On Cannabis

In case you missed this morning’s News Alert, Constellation Brands has announced a major investment in the cannabis business. Continue reading →

Posted in News on August 15, 2018

News Alert: Constellation Invests $4 Billion In Canopy Growth, Boosting Stake In Cannabis Producer

Constellation Brands is making another major bet on the future of the cannabis category, announcing a $4 billion investment in Canada-based producer Canopy Growth, in which it already held a partial stake. Continue reading →

Posted in News on August 15, 2018

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