Constellation Brands plans to significantly increase its ownership in Canopy Growth by investing an industry-record CA$5 billion ($3.8 billion) to make the Canadian giant its exclusive global cannabis partner. Constellation will acquire 104.5 million shares directly from Canopy Growth for CA$48.60 per share, giving Constellation – which owns, distributes and markets 100 beer, wine and spirits […]
Constellation invests CA$5 billion in Canadian cannabis giant Canopy Growth is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
Source: https://mjbizdaily.com/constellation-ca-9-5-billion-canadian-cannabis-giant-canopy-growth/
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