Canopy Growth Corp T.WEED

RE:CONSTELLATION BRANDS - TAKE OVER OF WEED - UP NEXT

[Joe455]

Spanito wrote: Constellation Brands controls the WEED board,  therefore controls Canopy Growth Corporation's outcome in the near future.  What will happen?   Constellation Brands stock price is runnng on all 8 cylinders and will not let this segment make a fool of them.

Constellation Brands is the largest multi-category alcohol supplier in the U.S. The business is anchored by a portfolio of Mexican beer trademarks, including Corona and Modelo, for which it acquired exclusive and perpetual U.S. ownership from AB InBev. The latter had to divest these rights due to antitrust mandates as it consummated its 2013 acquisition of dominant Mexican brewer, Grupo Modelo. Constellation's wine/spirits business is in transition, and it has divested several lower-margin assets, including myriad wine brands and its Ballast Point craft beer brand. The firm imports most products after manufacturing them abroad, going to market through independent wholesalers. It owns 38.6% of Canopy Growth, a leading provider of medicinal and recreational cannabis products.

$246.311.94 | 0.79%Bid: 245.82 x 200Ask: 250.00 x 100Volume: 959,382

After Hours: $245.89  -0.42 | -0.17%May 27, 2022 5:54 PMEDTVolume: 139,924

USDNEW YORK STOCK EXCHANGEDELAYED PRICEMARKET CLOSEDMAY 27, 2022 4:04 PMEDT

Spanito

Hard to imagine Constellation doubling down on their blunder.