{"id":20683,"date":"2017-10-30T06:50:39","date_gmt":"2017-10-30T14:50:39","guid":{"rendered":"http:\/\/cannabiscultivatornews.com\/home\/index.php\/2017\/10\/30\/alcohol-giant-buys-190m-stake-in-canadian-cannabis-company\/"},"modified":"2017-10-30T12:41:19","modified_gmt":"2017-10-30T20:41:19","slug":"alcohol-giant-buys-190m-stake-in-canadian-cannabis-company","status":"publish","type":"post","link":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2017\/10\/30\/alcohol-giant-buys-190m-stake-in-canadian-cannabis-company\/","title":{"rendered":"Alcohol giant buys $190M stake in Canadian cannabis company"},"content":{"rendered":"<\/p>\n<p>One of the biggest alcohol businesses in the world is entering into a <a href=\"https:\/\/www.wsj.com\/articles\/big-brewer-makes-a-play-for-marijuana-beverages-1509300002\">strategic relationship<\/a> with one of the largest medical marijuana companies on the globe, a move that could usher in a new era of investments and partnerships between the industries.<\/p>\n<p>New York-based Constellation Brands will acquire 9.9% of Smiths Falls, Ontario-based Canopy Growth for 245 million Canadian dollars ($190 million), The Wall Street Journal reported.<\/p>\n<p>Constellation \u2013 which owns, distributes and markets 100 beer, wine and spirits brands, including Corona and Robert Mondavi \u2013 also will be granted warrants that would raise its stake to just under<\/p>\n<p> &#8230;<\/p>\n<p><a rel=\"nofollow\" href=\"https:\/\/mjbizdaily.com\/alcohol-giant-partners-buys-stake-canadian-cannabis-company\/\">Alcohol giant buys $190M stake in Canadian cannabis company<\/a> is a post from: <a href=\"http:\/\/mjbizdaily.com\">Marijuana Business Daily: Financial, Legal &amp; Cannabusiness news for cannabis entrepreneurs<\/a><\/p>\n<p>&#013;<br \/>\n&#013;<br \/>\nRead More: <a href=\"https:\/\/mjbizdaily.com\/alcohol-giant-partners-buys-stake-canadian-cannabis-company\/\" target=\"_blank\">Alcohol giant buys 0M stake in Canadian cannabis company<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>One of the biggest alcohol businesses in the world is entering into a strategic relationship with one of the largest medical marijuana companies on the globe, a move that could usher in a new era of investments and partnerships between the industries. New York-based Constellation Brands will acquire 9.9% of<span class=\"more-link\"><a href=\"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2017\/10\/30\/alcohol-giant-buys-190m-stake-in-canadian-cannabis-company\/\">Continue Reading<\/a><\/span><\/p>\n","protected":false},"author":79,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4,682,461,2177,7],"tags":[],"_links":{"self":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/20683"}],"collection":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/users\/79"}],"replies":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/comments?post=20683"}],"version-history":[{"count":1,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/20683\/revisions"}],"predecessor-version":[{"id":20684,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/20683\/revisions\/20684"}],"wp:attachment":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/media?parent=20683"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/categories?post=20683"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/tags?post=20683"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}