Cafènoir Loafers Loafers - Men Cafènoir Loafers online on 25768 YOOX bioweb-25767 United Kingdom - 44964453EN e440312




Cafènoir Loafers Loafers - Men Cafènoir Loafers online on 25768 YOOX bioweb-25767 United Kingdom - 44964453EN e440312 - videogamessc.com


Cafènoir Loafers Loafers - Men Cafènoir Loafers online on 25768 YOOX bioweb-25767 United Kingdom - 44964453EN e440312
Business, Grow, News & Policy, News Canada's largest cannabis company pens historic $5 billion deal
Smeet Sneakers - Men Smeet Sneakers online on YOOX United Kingdom - 11531886CXEveet Sneakers - Men Eveet Sneakers online on YOOX United Kingdom - 11555687BL , Smeet Sneakers - Men Smeet Sneakers online on YOOX United Kingdom - 11531894BQ , Valleverde Sneakers - Men Valleverde Sneakers online on YOOX United Kingdom - 11551901XSSpalwart Sneakers - Men Spalwart Sneakers online on YOOX United Kingdom - 11465593NT , Exibit Boots - Men Exibit Boots online on YOOX United Kingdom - 11464925RS , J.J. Loafers - Men J.J. Loafers online on YOOX United Kingdom - 11557473PH , Imac Boots - Men Imac Boots online on YOOX United Kingdom - 11551574HL , Mbt Sneakers - Men Mbt Sneakers online on YOOX United Kingdom - 11561148VNSeboy's Loafers - Men Seboy's Loafers online on YOOX United Kingdom - 11557704SG , Santoni Boots - Men Santoni Boots online on YOOX United Kingdom - 11554203MB , Nike Sneakers - Men Nike Sneakers online on YOOX United Kingdom - 11562081IA , Pony Sneakers - Men Pony Sneakers online on YOOX United Kingdom - 11561207WP , Santoni Sneakers - Men Santoni Sneakers online on YOOX United Kingdom - 11554588CC , Santoni Sneakers - Men Santoni Sneakers online on YOOX United Kingdom - 11554628HBCat Loafers - Men Cat Loafers online on YOOX United Kingdom - 11555666BMSantoni Sneakers - Men Santoni Sneakers online on YOOX United Kingdom - 11562924WW , Valleverde Sneakers - Men Valleverde Sneakers online on YOOX United Kingdom - 11554709GOZolfo Boots - Men Zolfo Boots online on YOOX United Kingdom - 11557336VI , Stokton Sneakers - Men Stokton Sneakers online on YOOX United Kingdom - 11562110GVGeox Sneakers - Men Geox Sneakers online on YOOX United Kingdom - 11555609RIBison Sandals - Men Bison Sandals online on YOOX United Kingdom - 11562870VF , D.A.T.E. Sneakers - Men D.A.T.E. Sneakers online on YOOX United Kingdom - 11555097TE , Santoni Loafers - Men Santoni Loafers online on YOOX United Kingdom - 11555992CBImac Sneakers - Men Imac Sneakers online on YOOX United Kingdom - 11551691RG , Gaudì Sneakers - Men Gaudì Sneakers online on YOOX United Kingdom - 11555487VS , Gaudì Sneakers - Men Gaudì Sneakers online on YOOX United Kingdom - 11555534FO , Keys Boots - Men Keys Boots online on YOOX United Kingdom - 11549983VOD.A.T.E. Sneakers - Men D.A.T.E. Sneakers online on YOOX United Kingdom - 11556778EU ,
Peter Nolan-Smith Aug 15, 2018 9:10 am 3,429

Canada’s largest cannabis company has announced they have closed the biggest deal in the history of the legal cannabis industry.

Constellation Brands, the alcoholic beverage company behind such brands as Corona and Svedka Vodka, announced today that they are acquiring 104.5 million shares of Canopy Growth, the country’s largest cannabis producer, for a total of $5 billion CND.

See also

This will increase Constellation Brands ownership interest in Canopy Growth to approximately 38%. The shares are being bought at a price of $48.60 each, which is a 51.2% premium to the closing price on August 14, 2018. The announcement caused Canopy’s stock price to shoot up by over 30% this morning.

“This is rocket fuel,” said Bruce Linton, Chairman and Co-CEO of Canopy Growth, on a company earnings call on Wednesday. “We’re going to be way more global.”

This investment, the largest to date in the cannabis space, will provide a financial means by which Canopy Growth plans to continue to build and acquire assets to expand into the nearly 30 countries pursuing federally permissible medical pot programs.

“Through this investment, we are selecting Canopy Growth as our exclusive global cannabis partner,” said Rob Sands, CEO of Constellation Brands, in a release. “Over the past year, we’ve come to better understand the cannabis market, the tremendous growth opportunity it presents, and Canopy’s market-leading capabilities.”

“We look forward to supporting Canopy as they extend their recognized global leadership position in the medical and recreational cannabis space.”

Founded in 2013, Canopy Growth has become a leader in Canada’s legal cannabis market. It has an established a global presence in 11 countries, while aquiring other names in Canadian pot like Tweed and Spectrum Cannabis.

“Our business can now make the strategic investments required to accelerate our market position globally,” said Linton. “Constellation’s concentration of global cannabis activities exclusively through Canopy, coupled with the investment and its expert capabilities… will be a huge benefit as we look to expand our portfolio in Canada, the United States and emerging cannabis markets around the globe.”

Canopy Growth will remain a Canadian company with its headquarters in Smiths Falls, Ontario, and will continue to be led by its existing management team.

This deal follows the recent announcement by iconic brewer Molson and Canadian cannabis company Hydropothecary that they would be forming a strategic partnership to produce a non-alcoholic beverage infused with cannabis. Neither Constellation or Canopy have indicated if they intend to produce a similar product.

Get direct access to our top weekly content, contests, and perks.

Tipe E Tacchi Sandals - Women Tipe E Tacchi Sandals online on YOOX United Kingdom - 11483492NXAlexander Mcqueen Ankle Boot - Women Alexander Mcqueen Ankle Boots online on YOOX United Kingdom - 11465505DUMen/Women Newton Running Boco AT II Sneakers & Athletic Newton Running Strong heat and heat resistanceNike Bright Orange/Pink Downshifter 5 Sneakers , WOMEN Jones New York Black Wedges Make full use of materialsNATURE 3776 ZAPATO DE CU?A PARA MUJER , Farah | Farah Sonny Suede Chelsea BootsCk racer trainers , grey/red, NikeEcco Performance Biom Venture GTX TieTD by True Decadence Bridal shoes Colour: ivory , ecco TRAY HYBRID - Winter boots Colour: tarmacCasadei Sneakers - Men Casadei Sneakers online on YOOX United Kingdom - 11563038RT , Adidas Converse ONE STAR - Trainers - enamel red/pink pop , The Editor Sneakers - Men The Editor Sneakers online on YOOX United Kingdom - 11481653AO , New Balance Sneakers - Men New Balance Sneakers online on YOOX United Kingdom - 11503274IAMelluso Loafers - Women Melluso Loafers online on YOOX United Kingdom - 11534949DNSusimoda Ankle Boot - Women Susimoda Ankle Boots online on YOOX United Kingdom - 11554792XT , Sciuscià Ankle Boot - Women Sciuscià Ankle Boots online on YOOX United Kingdom - 11553104CLRas Ballet Flats - Women Ras Ballet Flats online on YOOX United Kingdom - 44952710DLLoretta Pettinari Sandals - Women Loretta Pettinari Sandals online on YOOX United Kingdom - 11565445PM , Sara López Sandals - Women Sara López Sandals online on YOOX United Kingdom - 11518268DSPeter Non Sandals - Women Peter Non Sandals online on YOOX United Kingdom - 11376745CPLotto Leggenda Sneakers - Men Lotto Leggenda Sneakers online on YOOX United Kingdom - 11351273ENadidas Black Adizero Adios Undefeated SneakersviB6np17 Sperry Gold Exeter Penny Loafer , Tr7A9hvT SOTOALTO Tartufo SHOES FOR WOMENCurrent shape Levi's Shoes Tiller Denim/Nappa , Multicolor Masumi High Top Fashion Sneakers - Chalk / 40 Eu Sneakers , Giuseppe Zanotti Nude / Pink Hi Top Sneaker Sneakers , MISS Miu Miu Black Patent Platforms Perfect workmanship , 38aa74f73324dc8bea2c9471bbcae5a1?s=96&d=mm&r=g
Peter Nolan-Smith

Cafènoir Loafers Loafers - Men Cafènoir Loafers online on 25768 YOOX bioweb-25767 United Kingdom - 44964453EN e440312 - videogamessc.com

Peter is the Online Editor at Daily Hive Toronto. He's deeply interested in fringe political movements, issues around cannabis reform and your latest news tip ([email protected]).
Shoes

4024154
6759331
7057243
8998736
9071212
11862444
13030213
17881275
18071565
© 2018 Buzz Connected Media Inc.