Wine and liquor distributor Constellation Brands is "more likely than not" going to acquire the rest of cannabis firm Canopy Growth, a Cantor Fitzgerald analyst said. Shares of Constellation ...

Alcoholic-beverage giant Constellation Brands Inc. on Thursday announced a number of moves intended to further distance itself from struggling Canadian cannabis producer Canopy Growth Corp ...

"I think that Canopy could be the next Amazon because they've got the capital and they've got Constellation [Brands] beer (STZ) taking care of the liquids and they're doing the medical. I would ...

and Canopy's market-leading capabilities in this space," said Rob Sands, chief executive of Constellation Brands. In June, the Canadian government passed a bill which will effectively legalise the ...

The company is backed by Constellation Brands, the alcohol company known for beers like Corona and Modelo. Canopy, as a Canadian company listed on the Nasdaq, is unable to sell or cultivate ...

Constellation Brands ... Corporate Operations and Other, and Canopy. The Beer segment includes imported and craft beer brands. The Wine and Spirits segment sells wine brands across all categories ...

At the same time, its stakeholder Constellation Brands, the largest beer import company in the U.S., announced it will convert its existing common shares in Canopy into new exchangeable shares.

Then-CEO Bruce Linton was ousted by the Canopy's board on July 3. The announcement led shares to slide more than 6%. Constellation Brands CEO Bill Newlands said the company "needed focus" and a ...