The brewer of Corona beer has bought a 10 percent stake in a Canadian cannabis producer. Constellation brands, which also distills Svedka vodka, shelled out $191 million for its stake in Canada-based Canopy Growth Corp., making it the first major wine, beer and spirits producer to invest in legal cannabis. The high-dollar pot pounce comes...
NYS Entity Status
NYS Filing Date
APRIL 10, 2013
NYS DOS ID#
NYS Entity Type
DOMESTIC BUSINESS CORPORATION
2013 - HIGH CLASS FLOORS CORP.
Around the Web
- Corona owner takes 10-percent stake in pot grower
By Post Staff Report - Monday Oct 30, 2017
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By Mary Beth Quirk - Monday Oct 30, 2017
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 …
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