The following article is part of a package of stories that MarketWatch is publishing to mark the start of full legalization of cannabis for adult use in Canada on Wednesday October 17th, 2018.
Smith Falls, Ontario–based Canopy Growth Corp. made headlines and drove cannabis stocks to new heights over the summer when it announced that Corona brewer Constellation Brands Inc. was going to invest an additional $4 billion in the company.
Billed by both companies as a strategic partnership, the additional $4 billion investment adds to the 9.9% stake that Constellation bought in October of last year and sets the company up to either be bought outright by Constellation — via warrants that could increase its stake to more than 50% — or continue to work with the beverage company to create a range of consumer-focused cannabis products that may one day appear in markets in dozens of countries. …
more recommended stories
Naked, bruised and battered a woman runs to avoid being raped in eastern Mérida
“He grabbed me and threw me.
AMLO in Mérida to discuss “Tren Maya” project with governors and government secretaries
At 9 am on Monday, November.
Brother of the North Mérida agressor threatens victim’s relative with death
The profound indignation that the attack.
Homeless individual “caught with his pants down” on the international dock of Progreso
Julio César Junco Chablé “could not.
Stan Lee, creator of legendary Marvel comic book superheroes, dies at 95
Stan Lee, the godfather of Marvel.
AMLO will turn 65 on Tuesday November 13, 2018
Sixty-five years ago, Andrés Manuel López.
How Escrow Service Protects Your Real Estate Investment in Mexico
If you purchase property in Mexico,.
Three million Venezuelans have fled economic and political crisis in their homeland
(Reuters) – Three million Venezuelans have.
First monarch butterflies start arriving in Mexico
While some caravans head north, others.
Mexico’s Supreme Court deemed the country’s marijuana prohibition law unconstitutional
Mexico’s Supreme Court on Wednesday deemed.