Why Canopy Growth’s deal with Constellation was the best - and worst - thing for the shares
Trader and market watcher Tim Collins says the deal gives Canopy long-term stability but loses some its thunder compared to stocks like Tilray
Company
NYSE:STZ
Constellation Brands Inc is a leading international producer and marketer of beer, wine and spirits with operations in the U.S., Mexico, New Zealand and Italy.
92 stories · page 4 of 5
Trader and market watcher Tim Collins says the deal gives Canopy long-term stability but loses some its thunder compared to stocks like Tilray
Left was previously bullish on Tilray but has since changed his tune
Hardware & electrical equipment
CEO Brendan Kennedy tells CNBC's Jim Cramer that the cannabis space is potentially worth US$150bn
The summer honeymoon and a correction may be in order for cannabis stocks, as cannabis stocks plummeted on Thursday
The maker of Corona beer said global cannabis markets were evolving rapidly and would grow to greater than US$200bn in revenue within 15 years
The Canadian cannabis company has secured a multi-year supply and service agreement to supply medical cannabis to seniors
Canopy Growth jumped to a new high on Tuesday, up 15.4% at C$68.83, making it the 45th biggest company on the Toronto Stock Exchange
Analyst Vivien Azer reiterated an Outperform rating, raising the price target to C$74 from C$56
The company is a vertically integrated player thanks to early-mover partnerships.
Investments and investor services
Unlike most Canadian operators, CannaRoyalty has opted to direct the bulk of its attention in California
Pot stocks were high on mergers, acquisitions, license agreements, and on expectations that major beverage makers including Diageo would strike deals with cannabis companies
CNBC contributor Peter Najarian will join the board of the cannabis-focused horticulture lighting company
Canadian cannabis stocks stabilized on Tuesday after a tumulous week but some movers prevailed; Cronos up 12.6%
Cannabis stocks stabilized in Canada on Friday after doing significant drops and bumps this week on the back of a host of news in the country that is nearing recreational legalized marijuana in Oct.
Cannabis stocks did an about-face on Wednesday as they soared in Canada after a host of positive news, after dropping sharply Tuesday.
Tidal Royalty will provide Illinois Cannabis Company with financing in exchange for 15% of net sales royalty
Investments and investor services
Constellation Brands CEO said he sees a 'tremendous growth' opportunity in the cannabis market
Cannabis is a buzz topic in Canada currently. Last month Canada passed a law legalising the recreational use of marijuana
Constellation Brands and Nike were also in the telescopic spotlight of investors before the bell
Accolade produces mass-market brands including Hardy's