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Corona owner pumps $4 bln 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......»»

Category: videoSource: reutersAug 15th, 2018

Corona owner pumps $4 bln 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......»»

Category: videoSource: reutersAug 15th, 2018

Corona owner raises weed bet with $4 billion investment

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......»»

Category: videoSource: reutersAug 15th, 2018

Corona maker invests $4 billion more in pot producer Canopy

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......»»

Category: topSource: moneycentralAug 15th, 2018

Corona owner invests another $4 billion in cannabis producer Canopy

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......»»

Category: topSource: reutersAug 15th, 2018

Corona beer maker Constellation increases stake in marijuana producer Canopy Growth, shares rise 10%

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.....»»

Category: topSource: marketwatchMay 1st, 2020

Canopy Growth’s Next Step for Weed Domination

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......»»

Category: blogSource: 247wallstOct 2nd, 2019

Canopy Growth’s Next Steep for Weed Domination

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......»»

Category: blogSource: 247wallstOct 2nd, 2019

Weed leader Canopy Growth ousts co-CEO Bruce Linton

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......»»

Category: topSource: reutersJul 3rd, 2019

Corona-parent Constellation Brands to record $106 million loss as its share of Canopy Growth"s losses

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.....»»

Category: topSource: marketwatchJun 21st, 2019

Corona maker invests $4 billion more in pot producer Canopy

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......»»

Category: topSource: reutersAug 15th, 2018

Cannabis stocks soar to new highs

Canadian cannabis stocks Cronos and Tilray are surging after announcing plans to sell legal marijuana in Canada. The investment by Corona owner Constellation Brands in fellow cannabis company Canopy Growth is helping too......»»

Category: topSource: cnnAug 21st, 2018

Marijuana producer Canopy closes $4 billion investment from Constellation

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

Category: topSource: marketwatchNov 1st, 2018

Cannabis Watch: Canopy Growth to acquire Supreme Cannabis in latest tie-up in busy weed sector

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......»»

Category: topSource: marketwatchApr 9th, 2021

Owner of Zen Leaf marijuana shops soars on first day of trading, boosting Chicago’s role as corporate weed capital of U.S.

Verano Holdings will begin trading Wednesday on the .....»»

Category: topSource: chicagotribuneFeb 17th, 2021

Owner of Zen Leaf marijuana shops goes public, boosting Chicago’s role as corporate weed capital of U.S.

Verano Holdings will begin trading Wednesday on the .....»»

Category: topSource: chicagotribuneFeb 17th, 2021

Canopy Growth Corp to lay off 200 employees

Canadian pot producer Canopy Growth Corp said on Wednesday it would lay off 200 employees in North America and the UK, according to an internal announcement seen by Reuters......»»

Category: topSource: reutersApr 29th, 2020

Cannabis producer Canopy Growth lays off 200 amid restructuring

Marijuana producer Canopy Growth Corp. said Wednesday that it had laid off 200 people across Canada, the United Kingdom and the U.S. as part of its ongoing.....»»

Category: topSource: marketwatchApr 29th, 2020

Canopy Growth Cuts Back Global Operations, Closes Canadian Facility, Lays Off 85

Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) announced global operational changes Thursday that it said are intended to improve production, balance supply and demand a read more.....»»

Category: blogSource: benzingaApr 16th, 2020

Pittsburgh billionaire donates $4.2M to help hospitals that serve black communities

Edgeworth billionaire Thomas Tull — part-owner of the Pittsburgh Steelers and a well-known film producer — has donated $4.2 million to equip hospitals that serve mainly black communities, according to Gov. Tom Wolf. Wolf made the announcement about.....»»

Category: topSource: bizjournalsApr 15th, 2020

Canopy Growth is Now Oversold (WEED.CA)

Canada Stock Channel.....»»

Category: topSource: redinewsMar 5th, 2020