Insights and Stories on Constellation Brands

Canopy Growth may face challenges offloading assets, CEO says

Feb. 15, 2020 at 5:33 pm CST

Reuters — Canada’s biggest cannabis producer, Canopy Growth Corp., could face challenges offloading assets as it seeks to winnow its facilities down to focus on its most lucrative markets and products, its CEO told Reuters. The company, which reported a smaller-than-expected third-quarter loss on Friday, is conducting a “thorough strategic […]

Constellation tightens grip on Canopy with CEO appointment

Dec. 9, 2019 at 8:40 am CST

By Reuters

Weed leader Canopy Growth ousts co-CEO

Jul. 3, 2019 at 8:02 pm CDT

By Debroop Roy Nivedita Balu

Pot firm Canopy’s loss widens as spending surges

Nov. 14, 2018 at 6:05 pm CST

By Shanti S Nair

Corona owner pours more funds into weed producer

Aug. 17, 2018 at 6:23 am CDT

By Uday Sampath Kumar

Constellation hedges bets on pot boom with Canopy stake

Oct. 30, 2017 at 5:04 pm CDT

Reuters — Constellation Brands has bought a nearly 10 per cent stake in Canadian cannabis producer Canopy Growth Corp. for about $245 million, making it the first major wine, beer and spirits producer to invest in legal cannabis. The move by the maker of Corona beer and Svedka vodka comes […]

By Gayathree Ganesan siddharth-cavale

Constellation seeks $1B valuation for Canadian wine unit

Jun. 3, 2016 at 7:57 pm CDT

Reuters — Constellation Brands is seeking a valuation of about $1 billion for a possible initial public offering of its Canadian wine business this year, Bloomberg reported on Friday. The unit, which includes eight wineries and 160 retail locations across Ontario, is expected to list in Toronto as early as […]