Constellation: Guidance Cut Caps 30% Drop Since Canopy Deal

Constellation Brands Inc racked up millions of dollars in losses from its investment in Canadian pot company Canopy Growth, pushing the maker of Corona and Modelo beers into a quarterly loss and sending its shares down as much as 8%......»»

Constellation Brands reported better than expected fiscal second-quarter earnings early Thursday but made a big change to its guidance......»»

Constellation Brands Inc. shares rallied Thursday, after Canadian cannabis company Canopy Growth Corp. announced a deal that will give it the rights to acquire U.S. multistate operator A.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Marijuana News Today In what is probably the most exciting edition of "Marijuana News Today," we have Canopy Growth Corp (NYSE:CGC) up by as much as 30% after a massive investment from Constellation Brands, Inc. (NYSE:STZ). The alcohol company Cons.....»»

Canopy-Constellation Deal Gets Bigger Marijuana stocks were hurt this week by delays in the rollout of Ontario’s private-sector legal weed market, which will only allow brick-and-mortar retailers to sell cannabis starting in April 2019 (instead of .....»»

Within two weeks of Constellation Brands, Inc. (NYSE: STZ) announcing a $4-billion investment in Canadian cannabis company Canopy Growth Corp (NYSE: read more.....»»

Here's why the beer, wine, and spirits maker is investing billions of dollars into marijuana company Canopy Growth......»»

Constellation Brands, Inc. read more.....»»

Constellation Brands, Inc. (NYSE: STZ) traded down 12 percent Wednesday after management cut 2019 guidance to account for its Canopy Gro.....»»

Electric vehicle company Lordstown Motors Corp (NASDAQ: RIDE), which completed a SPAC deal in 2020, reported first-quarter financial results after market close Monday. read more.....»»

Retailers are moving to drop or review mask mandates after the Centers for Disease Control announced Thursday that fully vaccinated Americans no longer need to wear masks indoors or outdoors......»»

Increased sales of sneakers, luxury watches and trading cards helped propel a 42% increase in revenue year over year......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Canopy Growth Corp. said Thursday it has reached an agreement to acquire Toronto-based Supreme Cannabis Co. Inc. in the latest M&A deal in a cannabis sector that is seeing a burst of activity amid hopes for reforms of strict U.S. laws......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

AmerisourceBergen also raised its guidance, sending shares up more than 6% in early Wednesday trade.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»