{"id":20707,"date":"2017-10-30T16:31:32","date_gmt":"2017-10-31T00:31:32","guid":{"rendered":"http:\/\/cannabiscultivatornews.com\/home\/index.php\/2017\/10\/30\/constellations-purchase-of-canopy-stake-is-transformative-portends-further-investments\/"},"modified":"2017-10-31T03:16:47","modified_gmt":"2017-10-31T11:16:47","slug":"constellations-purchase-of-canopy-stake-is-transformative-portends-further-investments","status":"publish","type":"post","link":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2017\/10\/30\/constellations-purchase-of-canopy-stake-is-transformative-portends-further-investments\/","title":{"rendered":"Constellation\u2019s purchase of Canopy stake is \u2018transformative,\u2019 portends further investments"},"content":{"rendered":"<\/p>\n<p><strong>By Matt Lamers<\/strong><\/p>\n<p>In <a href=\"https:\/\/mjbizdaily.com\/alcohol-giant-partners-buys-stake-canadian-cannabis-company\/\">buying a chunk of the world\u2019s largest<\/a> medical cannabis company, global alcohol giant Constellation Brands substantiated the marijuana industry as both a threat and opportunity for alcohol, pharmaceutical and tobacco companies, analysts and executives said.<\/p>\n<p><span id=\"more-78074\" \/><\/p>\n<p>In short, the development signals that more deals could be on the horizon \u2013 particularly in Canada.<\/p>\n<p>New York-based Constellation Brands \u2013 which owns, distributes and markets 100 beer, wine and spirits brands, including Corona and Robert Mondavi \u2013 will acquire 9.9% of Smiths Falls, Ontario-based Canopy Growth for 245 million Canadian dollars ($190 million), plus options to<\/p>\n<p> &#8230;<\/p>\n<p><a rel=\"nofollow\" href=\"https:\/\/mjbizdaily.com\/constellations-purchase-canopy-stake-transformative-portends-investments\/\">Constellation\u2019s purchase of Canopy stake is \u2018transformative,\u2019 portends further investments<\/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\/constellations-purchase-canopy-stake-transformative-portends-investments\/\" target=\"_blank\">Constellation\u2019s purchase of Canopy stake is \u2018transformative,\u2019 portends further investments<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Matt Lamers In buying a chunk of the world\u2019s largest medical cannabis company, global alcohol giant Constellation Brands substantiated the marijuana industry as both a threat and opportunity for alcohol, pharmaceutical and tobacco companies, analysts and executives said. In short, the development signals that more deals could be on<span class=\"more-link\"><a href=\"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2017\/10\/30\/constellations-purchase-of-canopy-stake-is-transformative-portends-further-investments\/\">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":[682,461,2177,5,2192,7],"tags":[],"_links":{"self":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/20707"}],"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=20707"}],"version-history":[{"count":1,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/20707\/revisions"}],"predecessor-version":[{"id":20708,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/20707\/revisions\/20708"}],"wp:attachment":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/media?parent=20707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/categories?post=20707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/tags?post=20707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}