kKf9sfsv , Nicole trainers , Esprit white, kKf9sfsv Esprit 41cbb0e




kKf9sfsv , Nicole trainers , Esprit white, kKf9sfsv Esprit 41cbb0e - videogamessc.com


kKf9sfsv , Nicole trainers , Esprit white, kKf9sfsv Esprit 41cbb0e
Business, Grow, News & Policy, News Canada's largest cannabis company pens historic $5 billion deal
GkC9cMPV Heels , nude patent, Tamaris , RRVsbWvz Brogues , brown patent, TamarisagvliX8n Freya brogues , pink, Tamaris , RxcWJ5fZ Heels , navy patent, TamarisWYhL3diU Leather brogues , black, PikolinoscniY7bsy Brogues , charcoal grey, Tamarisxs0daljm Annya heels , black, GeoxwLkNJdgD Heels , red patent, TamarisgNOBsoWM Dillian wedges , gold-coloured, Tamaris , J6YhQSbh Marras trainers , silver-coloured, Tamaris , hWNDZzo4 Heels , black patent, TamarisQ8zOd422 Flip flops , brown, Crocs , 4TxQVRYd Leather trainers , champagne, Geox , RSJjeORQ Brogues , black patent, TamarishQyE5uEv Flip flops , white/gold-coloured, CrocsWAZUiNOG Leather heels , black, Tamaris1AlJOUG7 Ankle boots , black, Tamaris , NzTNXLo4 Brogues , navy blue, TamarisCYLxIB4u Madrid mules , charcoal, Birkenstock , SgW7UDzO Sliders , navy blue, Crocs , BfIYcUN7 Madrid mules , black, BirkenstockRkcxSnnc Flip flops , white, Crocs , GiwfbgZb Benassi sliders , pink, NikeiBOKrMfG Sandals , black, Mademoiselle RGgYN6wI4 Luna sandals , black, HavaianaszLCAPeak Trainers , light grey/green, NikecicCf82F Leather trainers , pink, ConverseTwqvIax4 Classic trainers , white, PumaGdRzM63I Defy trainers , white, Puma
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.

Bryan Blake Ankle Boot - Women Bryan Blake Ankle Boots online on YOOX United Kingdom - 11495498VXMm6 Maison Margiela Loafers - Women Mm6 Maison Margiela Loafers online on YOOX United Kingdom - 11021429KEVic Matiē Ankle Boot - Women Vic Matiē Ankle Boots online on YOOX United Kingdom - 11457516VQMaritan G Loafers - Women Maritan G Loafers online on YOOX United Kingdom - 11503560PROpen Closed Shoes Boots - Men Open Closed Shoes Boots online on YOOX United Kingdom - 11569796GRwomens Coloriffics Purple A231m Platforms Reasonable delivery and punctual deliverywoman L.A.M.B. Brown/Tan Sandals New products in 2299NEW BALANCE S030500331btx LOW-TOP TRAINERS FOR WOMENwoman Tory Burch Bronze Carla Sandals Cheap , men/women Anne Klein Galea Sandals Excellent qualityLevi's? TURLOCK REFRESH - Trainers Colour: black , man/woman LifeStride Vertical Heels Easy life , Men/Women Vince Camuto Bestan Boots auction , Converse Chuck 70 - Seasonal HiVans CLASSIC SLIP-ON - Slip-ons - asphalt/blanc de blanc , Adidas Asics Tiger GEL-MOVIMENTUM - Trainers - cream , Moma Boots - Men Moma Boots online on YOOX United Kingdom - 11538142WX , Superdry TRENTON ZIP BOOT - Classic ankle boots - saddle brown , Champion LOW CUT SHOE SIVIR - Neutral running shoes Colour: blackPlease Walk Boots - Men Please Walk Boots online on YOOX United Kingdom - 11568514NC , Men/Women PUMA Carson 2 Metallic Sneakers & Athletic PUMA Strong heat and heat resistanceCandice Cooper BEVERLY - High-top trainers Colour: camoscio olmo/burma mility/vienna new amazon/base tamp stone , Pollini Sneakers - Women Pollini Sneakers online on YOOX United Kingdom - 11331861QM , Massimo Santini Sandals - Women Massimo Santini Sandals online on YOOX United Kingdom - 11502867II , Le Silla Boots - Women Le Silla Boots online on YOOX United Kingdom - 11527130AL , Sbicca Damsel Make a stylish first impression with the Sbicca Damsel clogs, so bold and fun , G•Six Workshop Ankle Boot - Women G•Six Workshop Ankle Boots online on YOOX United Kingdom - 11262688ELOrange Cp3 Vii Team Metallic Gold Gamma Sneakers , Via Spiga White Triana Espadrilles Wedged Slingback Sandals , Allbirds Marine Teal Aqua Running Tennis Sneakers , 38aa74f73324dc8bea2c9471bbcae5a1?s=96&d=mm&r=g
Peter Nolan-Smith

kKf9sfsv , Nicole trainers , Esprit white, kKf9sfsv Esprit 41cbb0e - 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