Ballin Court on - 26928 Women Ballin Courts online on YOOX Courts United Kingdom - 11576227KJ edaa2b8




Ballin Court on - 26928 Women Ballin Courts online on YOOX Courts United Kingdom - 11576227KJ edaa2b8 - videogamessc.com


Ballin Court on - 26928 Women Ballin Courts online on YOOX Courts United Kingdom - 11576227KJ edaa2b8
Business, Grow, News & Policy, News Canada's largest cannabis company pens historic $5 billion deal
Veja Sneakers - Women Veja Sneakers online on YOOX United Kingdom - 11000971XX , Sebastian Sandals - Women Sebastian Sandals online on YOOX United Kingdom - 11562615GGBikkembergs Sneakers - Women Bikkembergs Sneakers online on YOOX United Kingdom - 11450632AL , Geox Sneakers - Women Geox Sneakers online on YOOX United Kingdom - 11087039ROVans Sneakers - Women Vans Sneakers online on YOOX United Kingdom - 11474036SWAsh Sneakers - Women Ash Sneakers online on YOOX United Kingdom - 11468302ISZinda Court - Women Zinda Courts online on YOOX United Kingdom - 11447384BF , Vans Sneakers - Women Vans Sneakers online on YOOX United Kingdom - 11473725GT , Prezioso Court - Women Prezioso Courts online on YOOX United Kingdom - 11491357FT , Diesel Sneakers - Women Diesel Sneakers online on YOOX United Kingdom - 11423684RN , Fitflop Court - Women Fitflop Courts online on YOOX United Kingdom - 11469881EJ , Primabase Sneakers - Women Primabase Sneakers online on YOOX United Kingdom - 11474891TQCult Loafers - Women Cult Loafers online on YOOX United Kingdom - 11473377SL , Pinko Court - Women Pinko Courts online on YOOX United Kingdom - 11379022SXFitflop Sandals - Women Fitflop Sandals online on YOOX United Kingdom - 11574825IX , Eqüitare Sandals - Women Eqüitare Sandals online on YOOX United Kingdom - 11369849AXSuperga® Sneakers - Women Superga® Sneakers online on YOOX United Kingdom - 11378375WE , Bruschi Loafers - Women Bruschi Loafers online on YOOX United Kingdom - 11585180BMPinko Sneakers - Women Pinko Sneakers online on YOOX United Kingdom - 11367591AFRas Loafers - Women Ras Loafers online on YOOX United Kingdom - 11572620IBHogan Boots - Women Hogan Boots online on YOOX United Kingdom - 11567822RCDeimille Court - Women Deimille Courts online on YOOX United Kingdom - 11224790DM , Geox Sneakers - Women Geox Sneakers online on YOOX United Kingdom - 11577314JM , Diadora Sneakers - Women Diadora Sneakers online on YOOX United Kingdom - 11566987JU , Sebastian Espadrilles - Women Sebastian Espadrilles online on YOOX United Kingdom - 11562421NX , Desigual Sneakers - Women Desigual Sneakers online on YOOX United Kingdom - 11569745UASebastian Sneakers - Women Sebastian Sneakers online on YOOX United Kingdom - 11562433HD , Pollini Sneakers - Women Pollini Sneakers online on YOOX United Kingdom - 11569337LUSebastian Sneakers - Women Sebastian Sneakers online on YOOX United Kingdom - 11562441VD
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.

Mauro Ferrini Ankle Boot - Women Mauro Ferrini Ankle Boots online on YOOX United Kingdom - 11460162FH , Christopher Kane Ankle Boot - Women Christopher Kane Ankle Boots online on YOOX United Kingdom - 11494508FJ , ECCO 400503 LOW-TOP TRAINERS FOR WOMENWOMEN Prada Chartreuse Sandals Bestsellers worldwideIrregular Choice FANCY THIS Pinklady Prada Slingback Platform Sandals Wedges Complete specification area , lady Fabulaire Pink Open Toe Wedges Special PriceLADY BCBGMAXAZRIA Antique Rose Ma-leigh Sandals Good market , CALLAGHAN 20111.2 WEDGE ANKLE BOOTS FOR WOMEN , LADY Henry Cuir Brown Sandals Sale Italy , Wl373kaw trainers , black, New Balancemen/women Crocs Sanrah Graphic Strappy Wedge Sandals New productmen/women Nine West Mistee Pump Heels Big clearance sale , Converse Chuck Taylor? All Star Color Block Nubuck OxPony Sneakers - Men Pony Sneakers online on YOOX United Kingdom - 11552596MMMen/Women Aerosoles Plush Ahead Heels Contrary to the same paragraphGuess Court - Women Guess Courts online on YOOX United Kingdom - 11547099SB , Ras Court - Women Ras Courts online on YOOX United Kingdom - 11578916VRHoro Nero Loafers - Women Horo Nero Loafers online on YOOX United Kingdom - 11472292CPVivienne Westwood Sandals - Women Vivienne Westwood Sandals online on YOOX United Kingdom - 11306697TXLanvin Ankle Boot - Women Lanvin Ankle Boots online on YOOX United Kingdom - 11460313FA , Emilio Pucci Sandals - Women Emilio Pucci Sandals online on YOOX United Kingdom - 11573952NG , Loretta Pettinari Sandals - Women Loretta Pettinari Sandals online on YOOX United Kingdom - 11565063BHPaola Ferri Sneakers - Women Paola Ferri Sneakers online on YOOX United Kingdom - 11155627RRLiu •Jo Shoes Ankle Boot - Women Liu •Jo Shoes Ankle Boots online on YOOX United Kingdom - 11298148SM , Christian Louboutin Lavender/Gold Gondola Strass Low Top Sneaker Sneakers , WOMEN Vicini Light Brown Leather Sandals Big clearance sale , LADY Catherine Malandrino Grey Venitah Sandals Nice color , Women's Rene Caovilla Black Pumps Economical and practicalwomen Christian Louboutin Slingback Platforms Buy online 38aa74f73324dc8bea2c9471bbcae5a1?s=96&d=mm&r=g
Peter Nolan-Smith

Ballin Court on - 26928 Women Ballin Courts online on YOOX Courts United Kingdom - 11576227KJ edaa2b8 - 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

4053664
5830052
7350123
7585758
9239581
9862902
14667614
16078190
16895465
© 2018 Buzz Connected Media Inc.