Puma MANTRA FUSEFIT MANTRA shoes - Sports shoes - black Puma/white 7786c05

Puma MANTRA FUSEFIT MANTRA shoes - Sports shoes - black Puma/white 7786c05 - inspiravi.com

Puma MANTRA FUSEFIT MANTRA shoes - Sports shoes - black Puma/white 7786c05
Business, Grow, News & Policy, News Canada's largest cannabis company pens historic $5 billion deal
Reebok CXT TR - Sports shoes - grey/black/carotene/white , Cruyff SANTI RANDOM QUILT - Trainers - navyPuma ENZO STREET - Sports shoes - asphalt/white/blackScarpa MOJITO BASIC - Hiking shoes - blackBrave Soul SCOTTY - High-top trainers - black , BOSS ATHLEISURE MAZE NEO2 - Trainers - blackPolo Ralph Lauren REYNOLD - Moccasins - blackJo Ghost Classic ankle boots - pitone diver , Merrell FLEX LUNA - Hiking shoes - navy , Saucony JAZZ ORIGINAL VINTAGE - Trainers - grey/black/whiteKurt Geiger MONTGOMERY - Smart slip-ons - brown , Vans SK8-HI - High-top trainers - true blue/yellow , Calvin Klein Jeans IZICEIO - Trainers - silverNew Balance ML840 - Trainers - sedona sageLacoste JOGGEUR - Trainers - navy/dark redDr. Martens DANTE - Trainers - olive sendal , DC Shoes COURSE 2 - Trainers - black/whiteConverse STAR PLAYER - Trainers - malted/white , Boxfresh ERTODAO - High-top trainers - dark greyHarley Davidson LANDON - Cowboy/Biker boots - black , Birkenstock ARIZONA - Slippers - desert soil black , Nike SB NYJAH FREE - Trainers - beach/sail/sequoia , Clae BRADLEY MID - High-top trainers - white/blackShoe The Bear LUC - Slip-ons - tan , Diesel EXPOSURE STRIPE - High-top trainers - schwarz/gelbDr. Martens DANTE - Trainers - grey sendalHUF HUPPER 2 - Trainers - blue night , Birkenstock ARIZONA - Mules - pull up stone , Bj?rn Borg T900 MID - Trainers - navy
Puma MANTRA FUSEFIT MANTRA shoes - Sports shoes - black Puma/white 7786c05 - 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.

Marc Ellis Ankle Boot - Women Marc Ellis Ankle Boots online on YOOX United Kingdom - 11524099ASMiu Miu Red Peep Toe SandalsWomen's Bamboo Red/White Sandals Most practical , Breaker Leather Sneakers | Puma White-Puma BlackMelissa + Jason Wu Ballet Flats - Women Melissa + Jason Wu Ballet Flats online on YOOX United Kingdom - 11584223SIJ|D Julie Dee Sandals - Women J|D Julie Dee Sandals online on YOOX United Kingdom - 11355482TUWomen's Black Dress Formal Shoes Make full use of materialsLADY Sanita Antique Brown 450206w Wedges For sale , lady J.Crew Pink Open Toe Wedges promotionwoman Dior Evolution Slides Us9 Sandals On-line , man/woman Clarks Balta Ray Sandals Elegant style , Casadei LIFE - Slip-ons Colour: nero , Adidas New Look TRICKS - Bridal shoes - offwhite , Adidas Lamica INDE - Over-the-knee boots - neroman/woman Minnetonka Hello Kitty Fringe Boot Boots cheapSelected Homme | Selected Homme Suede Derby Shoes , Miss Selfridge CODY - High heels Colour: black , Alexander Trend Loafers - Men Alexander Trend Loafers online on YOOX United Kingdom - 11454554FLPrativerdi Sandals - Women Prativerdi Sandals online on YOOX United Kingdom - 11311295FG , Pixy Loafers - Women Pixy Loafers online on YOOX United Kingdom - 11574149WHEspadrilles Espadrilles - Women Espadrilles Espadrilles online on YOOX United Kingdom - 11424482NEWally Walker Boots - Men Wally Walker Boots online on YOOX United Kingdom - 11405945JNAntonio Melani Copper/Gold Blair Leather Sandals , Ariat Pecos The Ariat® Pecos boot provides the ideal combination of a traditional leather construction with updated comfort technology for a truly modern cowboy boot. , DLLVF0ji lady Aquazzura Sandals Popular recommendationWomen's Valentino Black Pvc- Bow Sandals Hot salewomens Ecco Pewter Touch Slide Sandals Good market , MISS Cole Haan Black D39493 Pumps Elegant appearanceLadies Pedro Garcia Blush Marta Wedges superior , LADY Christian Louboutin Multi Color Wedges Stylish , 38aa74f73324dc8bea2c9471bbcae5a1?s=96&d=mm&r=g
Peter Nolan-Smith

Puma MANTRA FUSEFIT MANTRA shoes - Sports shoes - black Puma/white 7786c05 - 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]).