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Marijuana Stocks Headed Lower as Analyst Says This About New Canopy Growth CEO
Spotlight Stock

Marijuana Stocks Headed Lower as Analyst Says This About New Canopy Growth CEO

by Sophia Vida December 11, 2019
Canopy Growth has a new CEO and analysts are saying he faces some big challenges. Pot stocks were falling on Tuesday as analysts remarked on the new chief executive. Constellation Brands’ Chief Financial Officer David K...
Constellation Brands Shares Fall on Earnings Report After its Cannabis Investment Hinders
Spotlight Stock

Constellation Brands Shares Fall on Earnings Report After its Cannabis Investment Hinders

by Sophia Vida October 04, 2019
Constellation Brands, the maker of Corona beer, reported its second quarter financial results before the bell on Thursday and saw its shares fell as much as 8%. It was last year that Constellation made a sizable investment into...
Constellation Brands Expects to lose $54.8 Million Over Investment in Canopy Growth
Spotlight Stock

Constellation Brands Expects to lose $54.8 Million Over Investment in Canopy Growth

by Sophia 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...
Former Canopy Growth CEO Explains Why He was Fired
Spotlight Stock

Former Canopy Growth CEO Explains Why He was Fired

by Sophia 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 ...
Bruce Linton is Fired as Co-CEO of Canopy Growth
Spotlight Stock

Bruce Linton is Fired as Co-CEO of Canopy Growth

by Sophia 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...
Canopy Growth Corp. Just Made a $3.4 Billion Bet on U.S. Marijuana Legalization
Spotlight Stock

Canopy Growth Corp. Just Made a $3.4 Billion Bet on U.S. Marijuana Legalization

by Sophia 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...
Well Known Marijuana Analyst Thinks This Company is the Best Stock Idea for 2019
Uncategorized

Well Known Marijuana Analyst Thinks This Company is the Best Stock Idea for 2019

by Sophia 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...
Canopy Growth Closes on Constellation Brands’ $4 Billion Investment
Spotlight Stock

Canopy Growth Closes on Constellation Brands’ $4 Billion Investment

by Sophia 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...
Canopy Growth Wants to Become the Amazon of Marijuana
Trends & Articles

Canopy Growth Wants to Become the Amazon of Marijuana

by Sophia 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...
The Maker of Smirnoff May Be Looking to Invest in a Marijuana Company
Trends & Articles

The Maker of Smirnoff May Be Looking to Invest in a Marijuana Company

by Sophia 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...

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