Cuplé Court Court - Women Cuplé 26918 Courts online on brisbanech-26918 YOOX United Kingdom - 11543257HS 9587447




Cuplé Court Court - Women Cuplé 26918 Courts online on brisbanech-26918 YOOX United Kingdom - 11543257HS 9587447 - videogamessc.com


Cuplé Court Court - Women Cuplé 26918 Courts online on brisbanech-26918 YOOX United Kingdom - 11543257HS 9587447
Business, Grow, News & Policy, News Canada's largest cannabis company pens historic $5 billion deal
Ras Sandals - Women Ras Sandals online on YOOX United Kingdom - 11562679LCZinda Sandals - Women Zinda Sandals online on YOOX United Kingdom - 11569155LGZinda Sandals - Women Zinda Sandals online on YOOX United Kingdom - 11569132EI , Gioseppo Sandals - Women Gioseppo Sandals online on YOOX United Kingdom - 11575872AWZinda Sandals - Women Zinda Sandals online on YOOX United Kingdom - 11563207ASVans Sneakers - Women Vans Sneakers online on YOOX United Kingdom - 11576309MH , Piampiani Sandals - Women Piampiani Sandals online on YOOX United Kingdom - 11571245ST , Crocs Slippers - Women Crocs Slippers online on YOOX United Kingdom - 11576656CX , Piampiani Sandals - Women Piampiani Sandals online on YOOX United Kingdom - 11571259TG , Piampiani Sandals - Women Piampiani Sandals online on YOOX United Kingdom - 11571116CCPiampiani Sandals - Women Piampiani Sandals online on YOOX United Kingdom - 11571096QMDeimille Sandals - Women Deimille Sandals online on YOOX United Kingdom - 11552336TT , Piampiani Sandals - Women Piampiani Sandals online on YOOX United Kingdom - 11571339CNZinda Sandals - Women Zinda Sandals online on YOOX United Kingdom - 11563211ME , Piampiani Sandals - Women Piampiani Sandals online on YOOX United Kingdom - 11571349SRSebastian Sandals - Women Sebastian Sandals online on YOOX United Kingdom - 11562405GO , Piampiani Sandals - Women Piampiani Sandals online on YOOX United Kingdom - 11571361LJPiampiani Sandals - Women Piampiani Sandals online on YOOX United Kingdom - 11571094EHPiampiani Sandals - Women Piampiani Sandals online on YOOX United Kingdom - 11571375TCRas Court - Women Ras Courts online on YOOX United Kingdom - 11572574CW , Ras Court - Women Ras Courts online on YOOX United Kingdom - 11572571NJRas Sandals - Women Ras Sandals online on YOOX United Kingdom - 11562786FQPiampiani Sandals - Women Piampiani Sandals online on YOOX United Kingdom - 11571377VL1725.A Sandals - Women 1725.A Sandals online on YOOX United Kingdom - 11569173CMCult Loafers - Women Cult Loafers online on YOOX United Kingdom - 11467602BRRas Sneakers - Women Ras Sneakers online on YOOX United Kingdom - 11572579MICrocs Sandals - Women Crocs Sandals online on YOOX United Kingdom - 11571601KNPuma Sneakers - Women Puma Sneakers online on YOOX United Kingdom - 11469345QOBikkembergs Sneakers - Women Bikkembergs Sneakers online on YOOX United Kingdom - 11569772VM
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.

Carmine Durso Ankle Boot - Women Carmine Durso Ankle Boots online on YOOX United Kingdom - 11525047JAAncient Greek Sandals Sandals - Women Ancient Greek Sandals Sandals online on YOOX United Kingdom - 11383949SIAndrea Pinto Court - Women Andrea Pinto Courts online on YOOX United Kingdom - 11502270HKFenty Puma By Rihanna Ankle Strap Sneaker - Sneakers - Women Fenty Puma By Rihanna Sneakers online on YOOX United Kingdom - 11369605KE , Magli By Bruno Magli Ankle Boot - Women Magli By Bruno Magli Ankle Boots online on YOOX United Kingdom - 11491128OF , Adidas Originals Stan Smith W - Sneakers - Women Adidas Originals Sneakers online on YOOX United Kingdom - 11440278ODNike Air Zoom Fearless Fk 2 - Sneakers - Women Nike Sneakers online on YOOX United Kingdom - 11549472RW , Women's Burberry Brown & Black Sandals Exquisite workmanship , women Gianvito Rossi Tan Mule Sandals Primary qualitywomens Hermès Copacabana Sandal Wedges Strong valueman/woman LifeStride Parigi Stretch Heels Complete specification , mens/womens Gabor Gabor 55.682 Boots delicatemen/women Trask Sherwood Loafers At an affordable price , Buttero® Loafers - Men Buttero® Loafers online on YOOX United Kingdom - 11556927HQDolfie Boots - Men Dolfie Boots online on YOOX United Kingdom - 11529223SM , adidas Performance KAISER 5 CUP - Screw-in stud football boots - black/white/red , Bruno Bordese Boots - Men Bruno Bordese Boots online on YOOX United Kingdom - 11527315ELAdidas Originals Sneakers - Women Adidas Originals Sneakers online on YOOX United Kingdom - 11376634JNFabi Ankle Boot - Women Fabi Ankle Boots online on YOOX United Kingdom - 11530937TJ , Anya Hindmarch Sneakers - Women Anya Hindmarch Sneakers online on YOOX United Kingdom - 11576050GLSophia Webster Sandals - Women Sophia Webster Sandals online on YOOX United Kingdom - 11100421NFAdidas Originals Sneakers - Men Adidas Originals Sneakers online on YOOX United Kingdom - 11082493PR , lady Hermès Trainers Sneakers Cheap ideal , E0kAA4NA Hush Puppies Bracco MT Oxford , IvF2tjsB Florsheim Castellano Monk Strap Oxford , Modern and elegant New Balance Classics ML574 , Blundstone BL1671 The sleek and lightweight design of the Blundstone BL1671 boot offers a truly feminine style.Christian Louboutin Louis Woman Spike Fluo White Gray 35.5 Sneakerswomen Dior Brown Christian Sneakers Different styles and styleslady Prada Brown Peep Sandals From the latest model 38aa74f73324dc8bea2c9471bbcae5a1?s=96&d=mm&r=g
Peter Nolan-Smith

Cuplé Court Court - Women Cuplé 26918 Courts online on brisbanech-26918 YOOX United Kingdom - 11543257HS 9587447 - 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

201397
2312355
3707714
9774270
12511530
12703059
14278424
18158654
18199473
© 2018 Buzz Connected Media Inc.