Spotlight Stock Constellation Brands Expects to lose $54.8 Million Over Investment in Canopy Growth by Sofia Vida August 27, 2019 Constellation Brands may not be too excited about the loss it will be taking from its investment in weed producer Canopy Growth. The company expects $54. 8 million in quarterly losses. Recently Canopy’s Chief Executive Off...
Spotlight Stock Former Canopy Growth CEO Explains Why He was Fired by Sofia Vida July 24, 2019 The marijuana industry was shaken up when it learned earlier this month that former Canopy Growth CEO Bruce Linton was abruptly fired from his job. Linton has his own ideas on why he was let go. “Many companies that trade ...
Spotlight Stock Bruce Linton is Fired as Co-CEO of Canopy Growth by Sofia Vida July 03, 2019 Many on Wall Street were shocked to learn that Bruce Linton, the co-CEO of Canada's Canopy Growth was let go from the company. In an interview with CNBC on Wednesday, Linton said he was fired. “I think stepping down might not...
Spotlight Stock Canopy Growth Corp. Just Made a $3.4 Billion Bet on U.S. Marijuana Legalization by Sofia Vida April 24, 2019 Canadian Canopy Growth has signed a $3.4 billion agreement to acquire the medical marijuana firm Acreage Holdings. The company has agreed to buy the New York-based marijuana company in a cross-border deal. Ken Shea, an analy...
Uncategorized Well Known Marijuana Analyst Thinks This Company is the Best Stock Idea for 2019 by Sofia Vida December 11, 2018 Cowen has named Corona beer maker Constellation Brands as its top stock idea for 2019. According to analyst Vivien Azer with the firm, since Constellation first announced its $4 billion investment in Canopy Growth a few months...
Spotlight Stock Canopy Growth Closes on Constellation Brands’ $4 Billion Investment by Sofia Vida November 07, 2018 On November 1st, Constellation Brands, Inc. and Canopy Growth Corporation announced that the companies had closed on the former's $4 billion investment into the latter company. The investment had been previously announced on Au...
Trends & Articles Canopy Growth Wants to Become the Amazon of Marijuana by Sofia Vida August 31, 2018 Canopy Growth has been shining in the spotlight this month since Constellation Brands made a staggering $4 billion investment into the Canadian marijuana company. The company's CEO Bruce Linton has some lofty goals. While he sa...
Trends & Articles The Maker of Smirnoff May Be Looking to Invest in a Marijuana Company by Sofia Vida August 27, 2018 Diageo, the maker of some well known alcohol brands that include Guiness and Smirnoff, may be the next alcohol giant to be looking to invest in marijuana. According to BNN Bloomberg, who cited sources familiar with the situatio...
Trends & Articles This is What Cannabis Now’s CEO Had to Say About Marijuana and Beer Mergers by Sofia Vida August 22, 2018 According to Cannabis Now Magazine CEO Eugenio Garcia, who spoke to Forbes, beer and marijuana mergers are good for business. Recently beer giant Constellation Brands made a huge multi-billion dollar investment into Canadian ma...
Spotlight Stock Canopy Growth Shares Pop on Constellation Brands Investment by Sofia Vida August 16, 2018 It was revealed on Wednesday that Corona and Modelo beers maker Constellation Brands, has upped its stake in Canopy Growth with an additional $4 billion investment. It was not that long ago that the company had taken a 9.9 perc...
