Home > News > Parent of Corona beer bets $3.8 billion on US love of marijuana
Los Angeles Times Parent of Corona beer bets $3.8 billion on US love of marijuana Los Angeles Times Constellation, among whose brands are Corona and Ballast Point beers and Robert Mondavi wine, will own 38% of Canopy, up from about 10%, according to a statement Wednesday. The record investment reflects a world in which pot has ...

Parent of Corona beer bets $3.8 billion on US love of marijuana


Los Angeles Times

Parent of Corona beer bets $3.8 billion on US love of marijuana
by Los Angeles Times.
Constellation, among whose brands are Corona and Ballast Point beers and Robert Mondavi wine, will own 38% of Canopy, up from about 10%, according to a statement Wednesday. The record investment reflects a world in which pot has become ubiquitous …
Corona beer maker Constellation ups bet on cannabis with $4 billion investment in Canopy Growth – CNBC
Corona Beer Maker Bets $3.8 Billion on Legal Marijuana – Bloomberg
Corona beer parent company bets big on marijuana – Fox Business
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Source: Los Angeles Times – via Google News

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