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Constellation Invests Additional $4 Billion in Canadian Marijuana Company

By Steve Levine on August 15, 2018
Posted in Banking, General Industry, Regulatory Issues

“U.S.-listed shares of Canada-based Canopy Growth Corp. soared almost 30% Wednesday, after liquor seller Constellation Brands Inc. said it will invest another CAD $5 billion, or about $4 billion, in the diversified cannabis company.”

What does this mean?

Investment continues to be poured into Canadian marijuana companies listed on US stock exchanges (See Tilray…

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