Corona owner pumps $4 billion more into weed producer Canopy

Corona beer maker Constellation Brands will invest a further $4 billion in Canada's top cannabis producer Canopy Growth, doubling down on one of a growing number of bets by the alcohol industry in legal pot. Roselle Chen reports......»»

Corona beer maker Constellation Brands will infuse another $4 billion into Canada’s top cannabis producer Canopy Growth the biggest investment in the industry, to capitalize on booming demand for marijuana......»»

Constellation Brands Inc (STZ.N) said on Wednesday it would invest $4 billion (C$5.24 billion) more in Canopy Growth Corp (WEED.TO), raising its stake in the Canadian marijuana producer to 38 percent......»»

Corona beer maker Constellation Brands will infuse another $4 billion into Canada's top cannabis producer Canopy Growth , the biggest investment in the industry, to capitalize on booming demand for marijuana......»»

Constellation Brands Inc said on Wednesday it would invest $4 billion (C$5.24 billion) more in Canopy Growth Corp , raising its stake in the Canadian marijuana producer to 38 percent......»»

Canada-based weed producer Canopy Growth Corp. said late Thursday that the C$5 billion ($4 b.....»»

Constellation Brands Inc. said late Friday that it had increased its stake in Canopy Growth Corp. by 5.1%. Canopy Growth shares rose 10% and Constel.....»»

Canopy Growth shares dipped on Wednesday following the markets lower after the firm announced that it will purchase a majority stake in a leading producer of sports nutrition products......»»

Canopy Growth shares dipped on Wednesday following the markets lower after the firm announced that it will purchase a majority stake in a leading producer of sports nutrition products......»»

Canada's Canopy Growth Corp fired founder and co-Chief Executive Officer Bruce Linton, a surprise move that comes just a week after the weed producer's largest shareholder expressed disappointment over its loss-making streak......»»

Shares of Constellation Brands Inc. eased 0.1% in morning trading Friday, after the owner of Corona and Modela beer and Svedka vodka brands disclosed that it's share of Canopy Growth Corp.'s fiscal.....»»

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This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Cronos Group Inc. is one of two of Canada’s cannabis producers to ink multi-billion dollar deals with big American companies......»»

Canopy Growth Corp. is making a big bet on weed legalization in the U.S......»»

David McNew/Getty Canopy Growth Corporation is the largest publicly-traded marijuana company. Canopy CEO Bruce Linton r.....»»

Alcoholic beverage maker Constellation Brands is expanding its stake in Ontario-based Canopy Growth in a bid to get ahead of the fast-growing cannabis market......»»

U.S.-listed shares of Canada-based Canopy Growth Corp. soared almost 30% Wednesday, after liquor seller Constellation Brands Inc. said it will invest another CAD $5 billion, or about $4 billion, in the diversified cannabis company......»»

Corona brewer Constellation Brands is investing $4 billion into Canadian marijuana grower Canopy Growth, one of the biggest corporate wagers on the potential global market for cannabis-infused drinks and other products......»»

The maker of Corona is betting that consumers want something more than beer and booze......»»