New York-based alcohol titan Constellation Brands has exercised warrants to purchase additional shares of Canopy Growth, increasing its stake in the Ontario cannabis producer. Upon issuance, the common shares represented approximately 5% of Canopy’s issued and outstanding common shares, the companies said in a news release. The transaction brings Constellation’s ownership in the Canadian firm […]
Constellation ups stake in marijuana producer Canopy Growth to 38% is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
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