A password will be e-mailed to you.

Here comes the cannabis-infused beverages from Corona-maker Constellation Brands. “We don’t see actual cannabis being infused with beer, but we would see cannabis-based beverages being a big portion of what you will see going forward,” Constellation Brands CEO Bill Newlands tells Yahoo Finance. “There is a lot of upside to what cannabis could be around the world in the next decade,” Newlands adds. Newlands will be the first to give his new friends at Canopy Growth a hat tip when those beverages start hitting shelves in the not too distant future. Constellation Brands spent $4 billion in August 2018 to up its stake in Canopy Growth to 38% from 9.9%. The company received four seats on Canopy’s board of directors — Newlands holds one of those seats. Why this $40 billion liquor giant is bullish on cannabis

thumbnail courtesy of yahoo.com

Dial-A-Joint.com


No more articles