3.1 Phillip Lim 26977 Graphite Graphite No brisbanech-26983 Sandals dac4c62


New sandals. Never New. Come with the original box and dust bag

3.1 Phillip Lim 26977 Graphite Graphite No brisbanech-26983 Sandals dac4c62 - videogamessc.com

3.1 Phillip Lim 26977 Graphite Graphite No brisbanech-26983 Sandals dac4c62
Business, Grow, News & Policy, News Canada's largest cannabis company pens historic $5 billion deal
Hermès Tan Linen & Espadrille SandalsJimmy Choo Silver Vero Cuoio Sandals , Cole Haan Brown Beige Orange SandalsStuart Weitzman Gold Pufftopraffia Platform SandalsAlexander McQueen Black Studded-heel Ankle-wrap SandalsCasadei Black Leather High 7-1/2 SandalsFendi Metallic Gold/Chocolare Brown Logo Sandals , Mercedes Castillo White Leather Izar Sandals , Sergio Rossi Black Scarpe Donna SandalsDonald J. Pliner White Katz-t Sandals , Bottega Veneta Black Leather Heels SandalsCéline Dark Brown Strap Heels Sandals , Cole Haan Tan Slip On SandalsDolce&Gabbana Yellow Red Vintage Leather SandalsChloé Brown Suede Gladiator Wedge SandalsManolo Blahnik Gold Wedge Slide Sandals , Donald J. Pliner Brown Cute SandalsSalvatore Ferragamo Black Leather Slingback Sandals , Loeffler Randall Nude Leather Scalloped SandalsTopshop Black Women's 'dandy' Heel Sandals , Tamara Mellon Red Whisper Patent SandalsJimmy Choo Green and Black Sandals , Cole Haan Black Air Talia SandalsLoeffler Randall Olive Hana Gladiator Sandals , Cole Haan Black Slip On Sandals , Manolo Blahnik Orange Crocodile Slingbacks SandalsAquazzura Brown & Gold Leather Sandals , Tory Burch Gold Miller Wedge SandalsSCHUTZ Silver Cara High Heel Sandals
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.

J|D Julie Dee Boots - Women J|D Julie Dee Boots online on YOOX United Kingdom - 11508293AQ , Saint Laurent Black Studded Sneakers Sneakers , womens Vince Black Addison Open Sandals Good designwomen Guess Leopard Print Sandals High security , Men/Women Eric Michael Madera Boots Caramel, gentle , mens/womens Madden Girl Camronn Boots Preferred boutique , Birkenstock ZüRICH - Mules - minkEtnies | Etnies Jameson 2 eco sneaker in blackAsics Tiger AARON - Trainers - dark grey/sand , mens/womens Shepherd HELEN - Slippers elegantHogan Sneakers - Women Hogan Sneakers online on YOOX United Kingdom - 11122328RE , Pointer Boots - Men Pointer Boots online on YOOX United Kingdom - 11518211RB , Tod's Boots - Men Tod's Boots online on YOOX United Kingdom - 11183534MNmens/womens Superga 2750 Nylu Sneakers & Athletic Superga Has a long reputationAdidas Lauren Ralph Lauren METALLIC GLENNA - Ballet pumps - platinoman/woman Maripé Classic heels As of the latest model , Adidas Lacoste STRAIGHTSET INSULATE CAW - High-top trainers - tan/white , Puma SMASH V2 BUCK - Trainers - puma white/puma black , Crime London Sneakers - Men Crime London Sneakers online on YOOX United Kingdom - 11058472RB , Roberto Botticelli Boots - Men Roberto Botticelli Boots online on YOOX United Kingdom - 11515793AH , Novelty Sneakers - Women Novelty Sneakers online on YOOX United Kingdom - 11464455SKHogan Court - Women Hogan Courts online on YOOX United Kingdom - 11023946XQCesare Paciotti Court - Women Cesare Paciotti Courts online on YOOX United Kingdom - 11505107NR , Lumberjack Flip Flops - Women Lumberjack Flip Flops online on YOOX United Kingdom - 11344987IMTory Burch Dark Navy Nora Sandals7HUUJzy5 PITILLOS 1260-pitillos SHOES FOR WOMEN , Vintage tide shoes ASICS Kanmei MXVOLATILE Jora Light up your day with a little sparkle when you wear the Jora platform flip-flopsLADY Christian Louboutin Tan Bianca Platforms Good designlady Tom Ford Pacific Blue Sandals Customer first 38aa74f73324dc8bea2c9471bbcae5a1?s=96&d=mm&r=g
Peter Nolan-Smith

3.1 Phillip Lim 26977 Graphite Graphite No brisbanech-26983 Sandals dac4c62 - 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]).