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Tag Archive: Constellation

Canopy Growth Strikes Deal To Acquire Cannabis Edibles Maker Wana Brands For $298 Million

In case you missed last night’s news alert, Constellation-backed cannabis company Canopy Growth has agreed to pay $297.5 million for the right to acquire Colorado-based edibles maker Wana Brands, contingent upon federal legalization of cannabis in the U.S. Continue reading →

Posted in News on October 15, 2021

Constellation Launches Karma CBD Water

Constellation Brands is introducing its first CBD product, Karma CBD Water. Continue reading →

Posted in News on October 5, 2021

Exclusive: Constellation Targets Luxury Wine Tier With Saldo Brand

Since acquiring The Prisoner Wine Company from Huneeus Vintners for $285 million in 2016, Constellation Brands has successfully expanded the franchise at the wine market’s luxury tier, introducing new wines like a Napa Valley Cabernet and Carneros Chardonnay under the flagship Prisoner brand as well as the Unshackled lineup. Continue reading →

Posted in News on September 30, 2021

News Briefs for August 4, 2021

•Infinium Spirits’ Skrewball Peanut Butter whiskey has been named the official whiskey of upstate New York NFL team the Buffalo Bills. Continue reading →

Posted in News on August 4, 2021

Constellation Looks To Leverage Innovation Pipeline As Summer Heats Up

Constellation Brands reported sales up 3% organically to $2 billion for its fiscal first quarter ending in May, as operating income increased 5% to $723 million.  Continue reading →

Posted in News on June 30, 2021

News Briefs for June 29, 2021

•Diageo, through its Distill Ventures arm, has announced a new $5 million “pre-accelerator” program, aimed at directing investment funds to company founders from under-represented communities at the earliest stages of development. Continue reading →

Posted in News on June 29, 2021

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