Latest In: Constellation Brands

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Constellation Brands converts shares in cannabis operator Canopy, departs board

Beverage alcohol company Constellation Brands has converted its shares in Canadian cannabis company Canopy Growth Corp. into new…

News April 19
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Constellation walks from remaining warrants of cannabis firm Canopy

Alcohol giant Constellation Brands said all its warrants have expired to purchase common shares of Canadian cannabis producer…

News November 6
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Fitch chops Canopy rating, citing cannabis producer’s Constellation link

Fitch Ratings downgraded its assessment of Canadian cannabis producer Canopy Growth to CCC-, one of the agency's lowest ratings.

News November 3
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Opinion: 2022 could be the year for pharmaceutical marijuana

Despite the success of adult-use marijuana, 2022 is looking like the year pharmaceutical cannabis becomes a major market…

News March 21
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Constellation CEO Newlands exits board of cannabis producer Canopy

Bill Newlands, CEO of Canopy Growth benefactor Constellation Brands, resigned from the board of directors of the struggling…

News December 2
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Constellation ups stake in marijuana producer Canopy Growth to 38%

New York-based alcohol titan Constellation Brands has exercised warrants to purchase additional shares of Canopy Growth, increasing its…

News May 1
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Canopy Growth hires ex-Constellation exec David Klein as CEO

Canada’s largest cannabis company by revenue has appointed David Klein as its new CEO, effective Jan. 15, 2020.

News December 9
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Canopy cannabis woes drives huge loss at alcohol giant Constellation

Constellation Brands, a New York-state based alcohol giant, on Thursday reported a net loss of $525.2 million in…

News October 3
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Constellation expects $54 million loss from marijuana giant Canopy Growth

Alcohol giant Constellation Brands said it expects to report a $54.3 million loss in its quarter ending Saturday…

News August 28
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