NYSE:STZ - Post Discussion
Post by
AwareInvestor on Aug 25, 2022 10:26am
Look for Constellation to Write Off Significant Amount of Ca
On October 30 2017, Constellation Brands and Canopy Growth Corp. jointly announced their new “groundbreaking strategic relationship” which would see Constellation invest an initial C$245 million into Canopy. Since that initial announcement, Constellation has continued to add to their position in Canopy with their total cash investment growing to over $4.4 billion USD through the purchase of common shares, warrants, convertible debt, and the exercise of warrants.
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