Of Constellation Brands DUMPINP Canopy Growth investment if they want to acquire Monster ???
According to Forbes the sticking point is their investment inCanopy Growth ...
Canopy hasn't preformed and isn't giving them a return on their investment and acquiring Monster would solidify Constellation to the top of the beverage heap !!
what will they do??????????
FIRST
resign from Canopy and then ???
https://www.forbes.com/sites/hudsonlindenberger/2022/02/15/monster-beverage-and-constellation-brands-merger-could-shake-up-the-beverage-landscape/
Another twist could be the possibility of beverages on the market that mix caffeine, alcohol, and cannabis in different forms. That would be because Constellation has an almost 40% stake in Canopy Growth Corp, a Canadian cannabis company that sells THC-infused drinks across Canada. That could be a sticking point for one of Monster's largest shareholders, Coca-Cola, with an almost 20% share of the company, and holders of a distribution agreement with Monster.
As for what form a possible deal could take, there are several possibilities. It could be as equals or one or the other executing a complete acquisition. A team of RBC Capital Market analysts led by Nik Modi sees the first possibility as the most plausible.