Spanito wrote: I don't agree, these Mexicans aren't idiots or Blunders as you think. They will take control. Watch and learn, Mexicans are stupid peoplle, they will control the MJ business when all the dust settles, and Canandians that got screwed from their Canadian Government are going to cry wolf, but in th end nothing will happen in terms of compensation for the shareholders holding the bag.
Mexico will win, China will win, India will win, it's inevitable my young apprentice.
America's time has a curtain coming down, and it's callled "Debt". The American Dream is over.
Sooner or later reality will kick in, just look at what's happening with LNG and Oil.
Look at at Mexico's GDP vs Canada's GDP. Mexico has officially passed Canada.
Game Over Canuckers. Pass the puck. What? You didn't think $30-50 per hour at a union job in Canada would not one day kill Canada? What were you thinking?
Party is coming to an end, and Joe Biden knows it as well. 2.7 Trillion GDP Mexico, 2.2 trillion GDP Canada. Sad times are ahead for Canada in the scope of things, and let's not even get into the conversation about Brazil.
Brazil has already stomped on Canada's poultry business, no? Look it up. 3.6 trillion GDP,
You really didn't think that 38 million Canadians were going to out play, out wit, out list ,,,, 700 million latino's did you? Do the math. Global commercialization, use it to your advantage to make some coins while you can. I know I have, good luck folks, sometimes the truth hurts.
Spanito
Starsearcher80 wrote: This was a MAJOR screw-up for Constellation. Fortunately, they are a big enough company to survive their own blunder. Canopy on the other hand, will not. And not a chance in Hell that Constellation will double down on this mess.
Joe455 wrote: 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.
Spanito
Hard to imagine Constellation doubling down on their blunder.