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The Beer & Booze Company Behind Corona, Svedka & Mondavi Is Now Investing In Marijuana
https://consumerist.com/2017/10/30/the-beer-booze-company-behind-corona-svedka-mondavi-is-now-investing-in-marijuana/
Instead of shrinking in fear from the rising green tide of legal marijuana, the parent company behind booze brands like Corona, Svedka, and Robert Mondavi is jumping right in with a big investment in the legal marijuana business.
Constellation Brands Inc. is shelling out $191 million for a 9.9% stake in Canopy Growth Corp, a Canadian company — known as WEED on the Toronto Stock Exchange — that sells medicinal cannabis products in that country and other markets where it’s legal.
The Beer & Booze Company Behind Corona, Svedka & Mondavi Is Now Investing In Marijuana
Oct 30, 2017, 4:25pm UTC
https://consumerist.com/2017/10/30/the-beer-booze-company-behind-corona-svedka-mondavi-is-now-investing-in-marijuana/
>Instead of shrinking in fear from the rising green tide of legal marijuana, the parent company behind booze brands like Corona, Svedka, and Robert Mondavi is jumping right in with a big investment in the legal marijuana business.
>Constellation Brands Inc. is shelling out $191 million for a 9.9% stake in Canopy Growth Corp, a Canadian company — known as WEED on the Toronto Stock Exchange — that sells medicinal cannabis products in that country and other markets where it’s legal.