Vans Sneakers brisbanech-22961 22972 - Women Vans Sneakers YOOX online on YOOX United Kingdom - 11492334WD 6201f2c




Vans Sneakers brisbanech-22961 22972 - Women Vans Sneakers YOOX online on YOOX United Kingdom - 11492334WD 6201f2c - videogamessc.com


Vans Sneakers brisbanech-22961 22972 - Women Vans Sneakers YOOX online on YOOX United Kingdom - 11492334WD 6201f2c
Business, Grow, News & Policy, News Canada's largest cannabis company pens historic $5 billion deal
Aquazzura Sandals - Women Aquazzura Sandals online on YOOX United Kingdom - 11143464CB , Nike Sneakers - Women Nike Sneakers online on YOOX United Kingdom - 11246153BA , Haglöfs Sneakers - Women Haglöfs Sneakers online on YOOX United Kingdom - 11187067IQRed(V) Boots - Women Red(V) Boots online on YOOX United Kingdom - 11267482TNAnaki Boots - Women Anaki Boots online on YOOX United Kingdom - 11547410ADCamper Sandals - Women Camper Sandals online on YOOX United Kingdom - 11206559FLJoshua*S Sandals - Women Joshua*S Sandals online on YOOX United Kingdom - 11560683OG , Deimille Court - Women Deimille Courts online on YOOX United Kingdom - 11561959QBZinda Boots - Women Zinda Boots online on YOOX United Kingdom - 11549752NO , Estelle Sandals - Women Estelle Sandals online on YOOX United Kingdom - 11569311PDDeimille Court - Women Deimille Courts online on YOOX United Kingdom - 11552357IU , Bikkembergs Sneakers - Women Bikkembergs Sneakers online on YOOX United Kingdom - 11141775RKEstelle Court - Women Estelle Courts online on YOOX United Kingdom - 11569314KF , Minnetonka Boots - Women Minnetonka Boots online on YOOX United Kingdom - 11098483RT , Piampiani Sandals - Women Piampiani Sandals online on YOOX United Kingdom - 11571335XSDsquared2 Court - Women Dsquared2 Courts online on YOOX United Kingdom - 11087977EX , Deimille Court - Women Deimille Courts online on YOOX United Kingdom - 11555707CCAlyx Court - Women Alyx Courts online on YOOX United Kingdom - 11563411WK , Vans Sneakers - Women Vans Sneakers online on YOOX United Kingdom - 11124009GX , Tsd12 Sandals - Women Tsd12 Sandals online on YOOX United Kingdom - 11567397CRPuma Sneakers - Women Puma Sneakers online on YOOX United Kingdom - 11559465MV , Tsd12 Sneakers - Women Tsd12 Sneakers online on YOOX United Kingdom - 11567400BF , Tsd12 Sneakers - Women Tsd12 Sneakers online on YOOX United Kingdom - 11567419APVans Sneakers - Women Vans Sneakers online on YOOX United Kingdom - 11508694BF , Casadei Court - Women Casadei Courts online on YOOX United Kingdom - 11543811ON , Lagoa Espadrilles - Women Lagoa Espadrilles online on YOOX United Kingdom - 11119926OGCasadei Court - Women Casadei Courts online on YOOX United Kingdom - 11543882XT , Formentini Sandals - Women Formentini Sandals online on YOOX United Kingdom - 11560444TIDeimille Court - Women Deimille Courts online on YOOX United Kingdom - 11557049LD
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.

Atp Atelier Ankle Boot - Women Atp Atelier Ankle Boots online on YOOX United Kingdom - 11531192DVRag & Bone Sandals - Women Rag & Bone Sandals online on YOOX United Kingdom - 11558119WF , Lab By Agla Sneakers - Men Lab By Agla Sneakers online on YOOX United Kingdom - 11380047XANike Performance LEGEND 7 ELITE SG PRO AC - Screw-in stud football boots Colour: black/metallic silver/light crimson , ladies Aerosoles Black Sandals Beautiful design , Suede Classic Women's Sneakers | Iron Gate-Winsome Orchid | PUMA Lows | PUMA United States , Palomitas By Paloma Barceló Espadrilles - Women Palomitas By Paloma Barceló Espadrilles online on YOOX United Kingdom - 11138808RHApl® Athletic Propulsion Labs Sneakers - Men Apl® Athletic Propulsion Labs Sneakers online on YOOX United Kingdom - 11405453XJAdidas Originals Gazelle W - Sneakers - Women Adidas Originals Sneakers online on YOOX United Kingdom - 11343786QK , MISS Ioanna Slides Sandals Different styles and styles , HUGO UPTOWN - Classic heels , flip*flop POOL MOUSE - Slippers Colour: grey , mens/womens Kork-Ease Mercia Boots Excellent stretching , SKECHERS Relaxed Fit?: Elent - Berickecco COOL 2.0 - Walking trainers - true navyMen/Women Dirty Laundry DL Right Again Boots Complete specificationsmen's/women's inov-8 Road-X-Treme? 250 Sneakers & Athletic inov-8 Bargain , Cruyff SANTI RANDOM QUILT - Trainers - navyHarley Davidson WICKSON - Cowboy/Biker boots - black , Saucony DXN TRAINER VINTAGE - Trainers - yellow/white , men/women Zign Winter boots Long-term reputationKnotted mules , navy blue, La Redoute Collections , Levi's? VERNON - Trainers - regular blackP448 Sneakers - Men P448 Sneakers online on YOOX United Kingdom - 11552020VOLe Ble Court - Women Le Ble Courts online on YOOX United Kingdom - 11502957WTManila Grace Court - Women Manila Grace Courts online on YOOX United Kingdom - 11394331HRxyyRAUH9 Havaianas You Riviera Crystal SandalsQu2fQe4N Tory Burch Chelsea Cap-Toe Ballet , Report Grayson Rev up your weekend-out ensemble with the Report Grayson ankle boot wedge , LADY Tory Burch Black Sophie-50008642 Wedges Cheap ideal 38aa74f73324dc8bea2c9471bbcae5a1?s=96&d=mm&r=g
Peter Nolan-Smith

Vans Sneakers brisbanech-22961 22972 - Women Vans Sneakers YOOX online on YOOX United Kingdom - 11492334WD 6201f2c - 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

3676351
3715388
3746666
7238866
11495305
12976535
13574064
14100762
16469912
© 2018 Buzz Connected Media Inc.