Alcohol giant buys $190M stake in Canadian cannabis company

10/30/17–New York-based Constellation Brands, one of the biggest alcohol businesses in the world, is entering into a strategic relationship with Ontario-based Canopy Growth, one of the largest medical marijuana companies on the globe, a move that could usher in a new era of investments and partnerships between the industries. The two companies will work together to develop and sell cannabis-infused beverages for the Canadian market, which is expected to legalize infused products in the summer of 2019. Read