Constellation Brands, the New York-state based alcohol giant, on Thursday reported a net loss of $525.2 million in its most recent quarter, with most of the loss coming from its 38% stake in cannabis company, Canopy Growth. The red ink underscores the uncertainties mainstream companies face when partnering with a business involved in the emerging
Canopy cannabis woes drives huge loss at alcohol giant Constellation is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
[Read More ...]
Originally posted on Canopy cannabis woes drives huge loss at alcohol giant Constellation via George Scorsis Medical Marijuana News
No comments:
Post a Comment