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We provide the latest news from the world of economics and finance
We provide the latest news from the world of economics and finance
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., following a multibillion-dollar investment in the pot company several years ago.
Constellation STZ, best known for selling the Corona beer brand in the U.S., said Thursday that two of its cannabis-focused subsidiaries — Greenstar Canada and CBG Holdings — converted their common shares in Canopy CGC into non-voting and non-participating...
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