Giant Beverage Conglomerate Invests 200M In Cannabis Drinks
Constellation owns brands like Robert Mondavi wine, Svedka vodka, and in the United States controls the Corona beer brand, and recently acquired a 9.9 percent stake in a company that may go on to become just as well-known as any of those: Canopy Growth, purported to be “the world’s largest publicly traded cannabis company.” The $200 million is something of a gamble, since Constellation reportedly does not want to sell any cannabis-infused beverage products until marijuana is federally legalized....