2Star 23488 Sneakers - - Women 2Star online Sneakers online on YOOX United Kingdom - 11558945BT f97cbfd




2Star 23488 Sneakers - - Women 2Star online Sneakers online on YOOX United Kingdom - 11558945BT f97cbfd - videogamessc.com


2Star 23488 Sneakers - - Women 2Star online Sneakers online on YOOX United Kingdom - 11558945BT f97cbfd
Business, Grow, News & Policy, News Canada's largest cannabis company pens historic $5 billion deal
Valleverde Loafers - Women Valleverde Loafers online on YOOX United Kingdom - 11547540HR , Cartechini Court - Women Cartechini Courts online on YOOX United Kingdom - 11547349QTEbarrito Loafers - Women Ebarrito Loafers online on YOOX United Kingdom - 11548542RPValleverde Sandals - Women Valleverde Sandals online on YOOX United Kingdom - 11547546KH , Valleverde Court - Women Valleverde Courts online on YOOX United Kingdom - 11547494AW , Corvari Boots - Women Corvari Boots online on YOOX United Kingdom - 11546723BQGaudì Sneakers - Women Gaudì Sneakers online on YOOX United Kingdom - 11551460BM , Lemaré Sneakers - Women Lemaré Sneakers online on YOOX United Kingdom - 11553023GXDisney Sneakers - Women Disney Sneakers online on YOOX United Kingdom - 11550001PI2Star Sneakers - Women 2Star Sneakers online on YOOX United Kingdom - 11550501KNLemaré Sneakers - Women Lemaré Sneakers online on YOOX United Kingdom - 11553055LF , Keys Sneakers - Women Keys Sneakers online on YOOX United Kingdom - 11552475KKAsylum Sneakers - Women Asylum Sneakers online on YOOX United Kingdom - 11548415TN , 2Star Sneakers - Women 2Star Sneakers online on YOOX United Kingdom - 11549899KJ , Brador Sandals - Women Brador Sandals online on YOOX United Kingdom - 11552372GOMivida Court - Women Mivida Courts online on YOOX United Kingdom - 11550368PE , Keys Sandals - Women Keys Sandals online on YOOX United Kingdom - 11551561VG , Drunknmunky Sneakers - Women Drunknmunky Sneakers online on YOOX United Kingdom - 11551728UEColmar Sneakers - Women Colmar Sneakers online on YOOX United Kingdom - 11553378KH2Star Sneakers - Women 2Star Sneakers online on YOOX United Kingdom - 11548693WODeimille Court - Women Deimille Courts online on YOOX United Kingdom - 11550968QN , Unisa Sandals - Women Unisa Sandals online on YOOX United Kingdom - 11548920XW , Penelope Boots - Women Penelope Boots online on YOOX United Kingdom - 11548061EFValleverde Sandals - Women Valleverde Sandals online on YOOX United Kingdom - 11547330DIValleverde Court - Women Valleverde Courts online on YOOX United Kingdom - 11552551TC , Valleverde Sandals - Women Valleverde Sandals online on YOOX United Kingdom - 11552582VB , Valleverde Loafers - Women Valleverde Loafers online on YOOX United Kingdom - 11553057PQ , Albano Sandals - Women Albano Sandals online on YOOX United Kingdom - 11548549QU , Vic Boots - Women Vic Boots online on YOOX United Kingdom - 11547622JC ,
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.

Marc Ellis Ankle Boot - Women Marc Ellis Ankle Boots online on YOOX United Kingdom - 11563555LU , Rocco P. Ankle Boot - Women Rocco P. Ankle Boots online on YOOX United Kingdom - 11554874KM , Dolce & Gabbana Sandals - Women Dolce & Gabbana Sandals online on YOOX United Kingdom - 11508359DG , Mariano Di Vaio Sneakers - Men Mariano Di Vaio Sneakers online on YOOX United Kingdom - 11580170SQMCM Embossed Logo Low Top Sneaker , FitFlop COVA CLOSED TOE SANDALS Silver , Sgn Giancarlo Paoli Open-Toe Mules - Women Sgn Giancarlo Paoli Open-Toe Mules online on YOOX United Kingdom - 11510435BETwin-Set Simona Barbieri Flip Flops - Women Twin-Set Simona Barbieri Flip Flops online on YOOX United Kingdom - 11497965LDANGEL INFANTES 28062-angel Infantes CASUAL SHOES FOR MAN , woman Italian Shoemakers Taupe Sandal Wedges Elegant shape , CLARKS Un Flare LOW-TOP TRAINERS FOR WOMENLost Ink WIDE FIT - Slip-ons Colour: greyMelvin & Hamilton PRINCE - Slip-ons Colour: midnightAdidas Vidorreta Wedge sandals - blackMen/Women Steven Zeeland Boots International choice , Men/Women VIONIC Kenya Loafers First quality , Adidas Love Moschino HEART - High-top trainers - neroAsics Tiger GEL-CIRCUIT - Trainers - whiteVersus Versace Sneakers - Men Versus Versace Sneakers online on YOOX United Kingdom - 11421602AQ , Sperry Top-Sider Sneakers - Men Sperry Top-Sider Sneakers online on YOOX United Kingdom - 11112900EV , Pantofola D'oro Sneakers - Men Pantofola D'oro Sneakers online on YOOX United Kingdom - 11354013OSDeimille Court - Women Deimille Courts online on YOOX United Kingdom - 11535112UTHogan Sneakers - Women Hogan Sneakers online on YOOX United Kingdom - 11475978FW , 2Star Sneakers - Women 2Star Sneakers online on YOOX United Kingdom - 11550852PXRuco Line Sneakers - Women Ruco Line Sneakers online on YOOX United Kingdom - 11477255DELifeStride Madison Make your Monday style pop in the modern and sleek Madison penny loafer from LifeStride , Ladies Marc Jacobs Black 645039 Sandals Bestsellers worldwideMISS Marc Jacobs Black Brigitte Sandals New designLADY Isabel Marant Black Beckett Wedges bestsellladies Valentino Black Sling Pumps Nice appearance 38aa74f73324dc8bea2c9471bbcae5a1?s=96&d=mm&r=g
Peter Nolan-Smith

2Star 23488 Sneakers - - Women 2Star online Sneakers online on YOOX United Kingdom - 11558945BT f97cbfd - 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

3984450
4246634
6882598
9658981
10445082
12550345
12823533
13656791
15373531
© 2018 Buzz Connected Media Inc.