Markets

Constellation Brands beats on a booming beer business, says its investment in a Canadian cannabis producer is a ‘significant growth opportunity’

Corona-maker Constellation Brands recently announced a $US4 billion investment in Canopy Growth Corp., the world’s largest publicly traded marijuana company. In its first earnings report since the stake was announced, Constellation’s CEO praised the investment as a “significant growth opportunity.” For the second quarter, Constellation topped Wall Street’s expectations and […]
Constellation Brands beats on a booming beer business, says its investment in a Canadian cannabis producer is a ‘significant growth opportunity’
Markets

Tilray dethrones Canopy Growth as the most valuable marijuana stock

Tilray hit a market cap of more than $US14 billion on Tuesday, making it worth more than the previous title-holder Canopy Growth. Tilray’s market cap has exploded by more than 800% since its July IPO. Follow Tilray’s stock price in real-time here. Tilray’s explosive growth this week, a 29% through […]
Tilray dethrones Canopy Growth as the most valuable marijuana stock
Markets

The SEC has a stern warning about soaring marijuana stocks

The Securities and Exchange Commission said Thursday that marijuana stocks were a hotbed of potential stock manipulation. The agency says to watch out for guaranteed returns, unregistered sellers, or unsolicited offers. Marijuana stocks have have been on fire following the legalization of cannabis in Canada – and the US’s top […]
The SEC has a stern warning about soaring marijuana stocks
Markets

The world’s biggest marijuana stock soars to an all-time high

Canopy Growth Corporation hit a fresh record on Monday, continuing its surge from the previous week. Constellation Brands, which makes Corona and other famous beverages, is the company’s biggest investor. Follow CGC’s stock price in real-time here. Canopy Growth Corporation, the world’s largest publicly traded marijuana company, surged more than […]
The world’s biggest marijuana stock soars to an all-time high
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