PLUMERS 5525 FASHION 5525 FOOTWEAR brisbanech-26939 FOR WOMEN WOMEN 119bd1e




PLUMERS 5525 FASHION 5525 FOOTWEAR brisbanech-26939 FOR WOMEN WOMEN 119bd1e - inspiravi.com


PLUMERS 5525 FASHION 5525 FOOTWEAR brisbanech-26939 FOR WOMEN WOMEN 119bd1e
Business, Grow, News & Policy, News Canada's largest cannabis company pens historic $5 billion deal
CAYETANO GIMENEZ 26310 SHOES FOR WOMEN , NIKE 831509-nike LOW-TOP TRAINERS FOR WOMEN , SARCA Nuria FASHION BOOTS FOR WOMENMOBILS Kristel LOW-TOP TRAINERS FOR WOMENMEPHISTO Sidney ZAPATO PLANO PARA MUJER , HOGL 104328 LOW-TOP TRAINERS FOR WOMENPLUMERS 5500 FASHION FOOTWEAR FOR WOMEN , GIORDA 62333 FASHION FOOTWEAR FOR WOMEN , PLUMERS 5499 FASHION FOOTWEAR FOR WOMENGEOX D540bc ZAPATO PLANO PARA MUJER , PIKOLINOS W5c-8734 FASHION FOOTWEAR FOR WOMEN , MOBILS Patrizia LOW-TOP TRAINERS FOR WOMEN , ARCHE Minour FASHION FOOTWEAR FOR WOMEN , PLUMERS 5442 FASHION FOOTWEAR FOR WOMENARCHE Detyam BOTíN PLANO DE MUJER , HOGL 102207 FASHION FOOTWEAR FOR WOMEN , HOGL 102203 FASHION FOOTWEAR FOR WOMENFLUCHOS 9253 FASHION FOOTWEAR FOR WOMEN , ALPE 3088 FASHION FOOTWEAR FOR WOMENARCHE Barox ZAPATO PLANO PARA MUJERCLARKS Brynn Mare SHOES FOR WOMENCOOLWAY Tahali FASHION FOOTWEAR FOR WOMEN , COOLWAY Tahali LOW-TOP TRAINERS FOR WOMENEH Wals FASHION FOOTWEAR FOR WOMENCOOLWAY Drake LOW-TOP TRAINERS FOR WOMENCLARKS Kendra Gaby SHOES FOR WOMEN , CLARKS Chorus Gia SHOES FOR WOMENNEMONIC 1973 BOTíN PLANO DE MUJERRELAXSHOE 289-017 FASHION FOOTWEAR FOR WOMEN ,
PLUMERS 5525 FASHION 5525 FOOTWEAR brisbanech-26939 FOR WOMEN WOMEN 119bd1e - inspiravi.com
Peter Nolan-Smith Aug 15, 2018 9:10 am 3,429

Canada’s largest cannabis company has announced they have closed the biggest deal in the history of the legal cannabis industry.

Constellation Brands, the alcoholic beverage company behind such brands as Corona and Svedka Vodka, announced today that they are acquiring 104.5 million shares of Canopy Growth, the country’s largest cannabis producer, for a total of $5 billion CND.

See also

This will increase Constellation Brands ownership interest in Canopy Growth to approximately 38%. The shares are being bought at a price of $48.60 each, which is a 51.2% premium to the closing price on August 14, 2018. The announcement caused Canopy’s stock price to shoot up by over 30% this morning.

“This is rocket fuel,” said Bruce Linton, Chairman and Co-CEO of Canopy Growth, on a company earnings call on Wednesday. “We’re going to be way more global.”

This investment, the largest to date in the cannabis space, will provide a financial means by which Canopy Growth plans to continue to build and acquire assets to expand into the nearly 30 countries pursuing federally permissible medical pot programs.

“Through this investment, we are selecting Canopy Growth as our exclusive global cannabis partner,” said Rob Sands, CEO of Constellation Brands, in a release. “Over the past year, we’ve come to better understand the cannabis market, the tremendous growth opportunity it presents, and Canopy’s market-leading capabilities.”

“We look forward to supporting Canopy as they extend their recognized global leadership position in the medical and recreational cannabis space.”

Founded in 2013, Canopy Growth has become a leader in Canada’s legal cannabis market. It has an established a global presence in 11 countries, while aquiring other names in Canadian pot like Tweed and Spectrum Cannabis.

“Our business can now make the strategic investments required to accelerate our market position globally,” said Linton. “Constellation’s concentration of global cannabis activities exclusively through Canopy, coupled with the investment and its expert capabilities… will be a huge benefit as we look to expand our portfolio in Canada, the United States and emerging cannabis markets around the globe.”

Canopy Growth will remain a Canadian company with its headquarters in Smiths Falls, Ontario, and will continue to be led by its existing management team.

This deal follows the recent announcement by iconic brewer Molson and Canadian cannabis company Hydropothecary that they would be forming a strategic partnership to produce a non-alcoholic beverage infused with cannabis. Neither Constellation or Canopy have indicated if they intend to produce a similar product.

Get direct access to our top weekly content, contests, and perks.

Alberto Fermani Ankle Boot - Women Alberto Fermani Ankle Boots online on YOOX United Kingdom - 11449057GI , Barracuda's Collection Ankle Boot - Women Barracuda's Collection Ankle Boots online on YOOX United Kingdom - 11557123DLRachel Zoe Ankle Boot - Women Rachel Zoe Ankle Boots online on YOOX United Kingdom - 11265174UT , Adidas Originals Campus - Sneakers - Men Adidas Originals Sneakers online on YOOX United Kingdom - 11533576NX , men's/women's Jessica Simpson Delaine Boots Won highly appreciated and widely trusted at home and abroad , Soisire Soiebleu Sneakers - Women Soisire Soiebleu Sneakers online on YOOX United Kingdom - 11480675OEElisabetta Franchi Court - Women Elisabetta Franchi Courts online on YOOX United Kingdom - 11481474AE , Paul Green Multicolor 'calico' Sneaker Sneakers , Diadora Heritage By The Editor Sneakers - Men Diadora Heritage By The Editor Sneakers online on YOOX United Kingdom - 11048960SKSTONEFLY Jess 3 FASHION ANKLE BOOTS FOR WOMEN , OTAZUA 644 ZAPATO DE SALóN PARA MUJERFABIOLAS 809607 Negro FLAT ESPADRILLES FOR WOMEN , Fibi leather sandals , black, Jonakman/woman Palladium Pampa Sport Cuff WPN Boots Packaging diversityMiss Selfridge ANKLE STRAP COURT - High heels , RAID VIENNA-1 - High heeled ankle boots Colour: black , mens/womens Marc Fisher LTD Hanna Boots Authentic guarantee , Prada Sandals - Women Prada Sandals online on YOOX United Kingdom - 11479754RJBarracuda Loafers - Men Barracuda Loafers online on YOOX United Kingdom - 11557181TI , Manuel Ritz Sneakers - Men Manuel Ritz Sneakers online on YOOX United Kingdom - 11291113AEMelissa Sandals - Women Melissa Sandals online on YOOX United Kingdom - 11352884RL , Veja Sneakers - Women Veja Sneakers online on YOOX United Kingdom - 11498422PXPremiata Sneakers - Women Premiata Sneakers online on YOOX United Kingdom - 11570482SL , Grandinetti Loafers - Women Grandinetti Loafers online on YOOX United Kingdom - 11460571GV , Loretta Pettinari Boots - Women Loretta Pettinari Boots online on YOOX United Kingdom - 11478249VD , Guess Ankle Boot - Women Guess Ankle Boots online on YOOX United Kingdom - 11471931ND , Fitflop Flip Flops - Women Fitflop Flip Flops online on YOOX United Kingdom - 11575127OJRetzbXgT Women's White Sandal Wedges impeccable , Clearance sale Dan Post Liberty , ladies UNIF Cheetah Cross Trainer Sneakers Reliable performance 38aa74f73324dc8bea2c9471bbcae5a1?s=96&d=mm&r=g
Peter Nolan-Smith

PLUMERS 5525 FASHION 5525 FOOTWEAR brisbanech-26939 FOR WOMEN WOMEN 119bd1e - inspiravi.com

Peter is the Online Editor at Daily Hive Toronto. He's deeply interested in fringe political movements, issues around cannabis reform and your latest news tip ([email protected]).
Shoes