Adidas - Steve Madden CLIFF - Trainers - Trainers pink CLIFF/multicolor 666868f




Adidas - Steve Madden CLIFF - Trainers - Trainers pink CLIFF/multicolor 666868f - inspiravi.com


Adidas - Steve Madden CLIFF - Trainers - Trainers pink CLIFF/multicolor 666868f
Business, Grow, News & Policy, News Canada's largest cannabis company pens historic $5 billion deal
Adidas Alma en Pena Ankle boots - black , Adidas Office FAWCETT - Mules - blackAdidas Rapisardi TESS - Over-the-knee boots - blackAdidas Peter Kaiser BRIT - Boots - sable , Adidas Love Moschino High-top trainers - fantasy color , Adidas Steve Madden NOAH - Trainers - pinkAdidas Woden YDUN - Trainers - bright white , Adidas Hunter ORIGINAL SHORT - Wellies - blackAdidas L37 DAYDREAM - Ballet pumps - redAdidas Wallis COPENHAGEN - Classic heels - nude , Adidas New Balance MRL247 - Trainers - pigmentAdidas GANT MANDY - Wellies - blackAdidas Selected Femme SFDINA - Trainers - redAdidas Unisa ITAI - Over-the-knee boots - black , Adidas Sixtyseven SELIN - Mules - rose goldAdidas New Balance WRL247 - Trainers - white/pink , Adidas Noclaim AGATA - Trainers - scianty cipriaAdidas New Balance GM500 - Trainers - white/greyAdidas Esprit CHANTY LOAFER - Slip-ons - black , Adidas Peter Kaiser FADEL - Slip-ons - carbonAdidas Massimo Dutti Classic ankle boots - black , Adidas Carvela ALISON - High heels - beige , Adidas Jonak GUEST - Ankle boots - noir , Adidas Vagabond MINNA - Classic heels - blackAdidas Peter Kaiser UBERTA - Boots - schwarzAdidas Casta?er CHIARA - High heels - black , Adidas Ted Baker QUEANEM - Slip-ons - green , Adidas Birkenstock ARIZONA - Mules - light blue , Adidas Fitters SESY - Classic heels - navy
Adidas - Steve Madden CLIFF - Trainers - Trainers pink CLIFF/multicolor 666868f - 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.

Nila & Nila Boots - Women Nila & Nila Boots online on YOOX United Kingdom - 11474442MX , L' Autre Chose Loafers - Women L' Autre Chose Loafers online on YOOX United Kingdom - 11256045IQRuco Line Sneakers - Women Ruco Line Sneakers online on YOOX United Kingdom - 11334341CGDrkshdw By Rick Owens Sneakers - Women Drkshdw By Rick Owens Sneakers online on YOOX United Kingdom - 11462685XF , Sgn Giancarlo Paoli Open-Toe Mules - Women Sgn Giancarlo Paoli Open-Toe Mules online on YOOX United Kingdom - 11510435BEN.D.C. Made By Hand Loafers - Men N.D.C. Made By Hand Loafers online on YOOX United Kingdom - 11384763GPTory Burch Black Gigi Patent and Calfskin Wedge SandalsLADY Prada Gold Metallic Vintage Sandals shopping online , MISS Ash White S13funkybiswhitewhite Sneakers Average costs , Adidas Gabor Ballet pumps - schwarz , Jim Rickey CARVE LO - TrainersDr. Scholl's Scout Sandal - Original Collection , DC Shoes TRASE - Skate shoes - blackmen's/women's Louise et Cie Casa Flats reasonable price , Geox Boots - Men Geox Boots online on YOOX United Kingdom - 11540861BH , Men/Women FootJoy Golf Specialty Spikeless Athletic Sneakers & Athletic FootJoy Charming design , Salomon XA PRO 3D - Trail running shoes - black/magnet/quiet shade , Adidas Nike Performance FREE RN 2018 - Trainers - black/anthracite , Tod's Boots - Women Tod's Boots online on YOOX United Kingdom - 11362378TB , Stele Sneakers - Women Stele Sneakers online on YOOX United Kingdom - 11454453ED , Jerold Wilton Boots - Women Jerold Wilton Boots online on YOOX United Kingdom - 11533275HU , Mally Ankle Boot - Women Mally Ankle Boots online on YOOX United Kingdom - 11472955FASam Edelman Sandals - Women Sam Edelman Sandals online on YOOX United Kingdom - 11453857MR , Cafènoir Ankle Boot - Women Cafènoir Ankle Boots online on YOOX United Kingdom - 11562439ENCesare Paciotti Loafers - Women Cesare Paciotti Loafers online on YOOX United Kingdom - 11385522FHReliable quality Tamaris Nao 1-1-28140-20 , a wide variety of goods Anne Klein Fia , Year-end sale Gola Orchid Shimmer , Christian Louboutin Multicolor Pik Boat Spikes Quilted Floral Leather Sneakers Sneakers , Women's Tory Burch Bleach Tevray Wedges Fashion 38aa74f73324dc8bea2c9471bbcae5a1?s=96&d=mm&r=g
Peter Nolan-Smith

Adidas - Steve Madden CLIFF - Trainers - Trainers pink CLIFF/multicolor 666868f - 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