Cannabis News Box

Canopy Growth shares drop after company dismisses 500 workers

https://internationalcbc.com/big-alcohol-invests-in-cannabis-company-canopy-growth/

Bethan Rose Jenkins, Cannabis News Writer/Editorial

March 13, 2020

The repercussions of Canopy Growth Corp. eliminating 500 members of its workforce are being felt by pot stock investors and traders; on Thursday, March 5, shares sunk by four percent. Canopy's plummeting shares were to be expected, considering the fact that the Canadian cannabis company recently annou...

Canadian cannabis pioneer Canopy Growth hires Constellation Brands CFO as new CEO

https://lacannabisnews.com/constellation-brands-cfo-named-new-ceo-of-canopy-growth/

Bethan Rose Jenkins, Cannabis News Writer/Editorial

December 30, 2019

On Monday, December 9, Canopy Growth Corporation announced that David Klein – chief financial officer of Constellation Brands Inc. – will be taking on the role of the Canadian cannabis producer’s new chief executive. Klein will replace Mark Zekulin from January 14 onwards. Constellation Brands owns a ...

Invest in these cannabis stocks without touching the plant

https://insideyourira.com/investing-in-marijuana-stocks/

Bethan Rose Jenkins, Cannabis News Writer/Editorial

September 25, 2019

The diversity of the cannabis market is luring an increasing number of investors. In 2018, $10 billion had been invested in North America’s legal weed industry, let alone the markets blossoming elsewhere around the globe. While some cannabis investors prefer to get up-close and personal with the pla...

Bruce Linton is fired from Canopy Growth, company clings onto Acreage deal

https://www.ecosia.org/images?q=bruce+linton#id=0F79D1853977B197248C698719328C58B102E64D

Bethan Rose Jenkins, Cannabis News Writer/Editorial

July 8, 2019

The world’s largest cannabis company has abolished Bruce Linton; Canopy Growth’s very own co-founder and Co-CEO. Constellation Brands, which currently owns a 40 percent chunk of the cannabis company, was behind the decision. Responsible for producing some of the most iconic beer, spirits and wine brands in ...

Weed and fizzy drinks are being eyed up on Wall Street

https://seekingalpha.com/article/4164042-u-s-government-made-marijuana-stocks-top-priority-investors

Bethan Rose Jenkins, Cannabis News Writer/Editorial

February 24, 2019

Cannabis is a hot topic on Wall Street right now, where three cannabis stocks are currently trading on the New York Stock Exchange (NYSE). However, it’s not just weed that’s expected to shake up the stock market in 2019 but also, soda and video games. Let’s take a closer look at what Wall Stree...

Will legendary beer pioneer Anheuser-Busch be the next beverage company to enter the legal cannabis space?

https://www.worldwide-marijuana-seeds.com/blogs/marijuana-news/bud-and-beer-why-society-has-got-it-backwards

Bethan Rose Jenkins, Cannabis News Writer/Editorial

September 18, 2018

Over the last few months, the cannabis industry news has been inundated with announcements from big-name brewers entering the legal weed space. We have already learned about the recently announced partnerships between Constellation Brands and Canopy Corp Growth, Molson Coors Brewing Co. and Hydropothe...

Will UK-based beverage company Diageo enter the cannabis industry?

Will UK-based beverage company Diageo enter the cannabis industry?

Bethan Rose Jenkins, Cannabis News Writer/Editorial

September 13, 2018

Shares of cannabis stocks soared after BNN Bloomberg released a report stating that beverage company Diageo (NYSE:DEO) may be in talks with cannabis industry’s biggest players. Diageo has two major alcohol brands under its belt: Smirnoff vodka and Guinness beer. Headquartered in Edinburgh, the UK-based beverag...

Constellation Brands invests $4 billion in Canopy Growth and stocks skyrocket

https://seekingalpha.com/instablog/47894070-the-daily-marijuana-observer/5063032-corona-maker-constellation-brands-acquire-9_9-percent-stake-canadian-cultivator-canopy-growth

Bethan Rose Jenkins, Cannabis News Writer/Editorial

August 27, 2018

Alcohol corporation Constellation Brands Inc. has recently announced a deal that has sent a ripple of excitement across the cannabis and alcohol industries. On Wednesday, August 15, Constellation Brands announced a $4 billion investment in diversified cannabis company, Canopy Growth Corp. As a result ...

Corona’s owner is investing in cannabis

Corona's owner is investing in cannabis

November 2, 2017

Thor Benson / Cannabis News Box Contributor There’s been a lot of talk about Big Alcohol fighting cannabis legalization, but it appears one company is embracing cannabis. Constellation Brands, which owns Corona, invested nearly $200 million into a Canadian medical cannabis company called Canopy Growth Corp. What does this mean for the cannabis i...

Constellation Brands