Constellation invests CA$5 billion in cannabis giant Canopy in deal financed by BofA Merrill Lynch

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Global liquor giant Constellation Brands plans to significantly increase its ownership in Canopy Growth by investing an industry-record 5 billion Canadian dollars ($3.8 billion) to make the marijuana titan its exclusive¬†global MJ partner. Constellation will acquire 104.5 million shares directly from Canopy Growth for CA$48.60 per share, giving the New York-based company – which owns, […]

Constellation invests CA$5 billion in cannabis giant Canopy in deal financed by BofA Merrill Lynch is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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