RE:Constellation Brands to Acquire Minority Stake in Canopy We had a discussion on whether or not canopy would be bought by big pharma etc.. a while ago.
We all felt sad if such a thing would happen and looking at the deal today I don't think bruce will EVER sell out canopy to the highest bidder...EVER
We all know, and bruce mentioned it several times, that edible (including drinks) is the next thing...now add the Coor's guy to today's news and you are starting to see the pattern.
Add the deal with the big pharma in Europe (the big morphine supplier looking into cannabis)
and you get a second pattern: by having different and seperate big boys around and several of them deeply invested into your company's core (long term...note that Bruce no longer have to resort to bought deals at a discount, next step is leverage using conventional banks...and will come pretty soon) By doing all that, you make your company almost impossible for a take over.