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...
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...
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...
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 ...
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...
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...
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...
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...
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...
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...
