CEO of the beverage giant behind Corona: Cannabis is one of the ‘most significant’ growth opportunities of the next decade

Corona Beer on Instagram Constellation Brands’ CEO Rob Sands is “extremely bullish” about the burgeoning cannabis industry. He defended the company’s $ 4 billion purchase of a 38% stake in Canopy Growth on a call with investors on Thursday. “We’re not playing defense, we’re playing offense,” Sands said.  The beverage giant behind Corona and Modelo […]

A $10 billion marijuana producer just spun off its venture arm in the hopes it will become the ‘Google Ventures of cannabis’ (RIV)

Blair Gable/Reuters Canopy Growth, a $ 10 billion Canadian marijuana firm, is spinning off its venture-capital arm, which began trading at $ 18.44 per share Thursday morning Canopy Rivers makes minority investments in burgeoning marijuana companies as part of its goal to become the ‘Google Ventures of cannabis.’ Watch Canopy Growth trade in real time […]

Canadian cannabis producer Tilray is going bananas after its CEO appears on Cramer’s “Mad Money” (TLRY)

Tilray CEO Brenden Kennedy appeared on CNBC’s “Mad Money” Tuesday evening. He told Cramer alcohol and drug companies should be looking at the cannabis space and that Canada is just the tip of the iceberg when it comes to full legalization of the drug.  Tilray shares are up 41.55% ahead of Wednesday’s opening bell. Watch […]

Challenge of Health Canada’s cannabis education plan is how to talk so teens will listen

In the past, public health campaigns warning of the harmful effects of drugs delivered one resounding message: Don’t do it. But now that the federal government has decided to legalize marijuana, Health Canada is undertaking new strategies to try and land on teens’ screens and in the places they hang out.