Canopy Growth has become a benchmark for the emerging legalization and medical cannabis segment, and a fresh investment from Constellation Brands just greatly increased its market value.
Jon C. Ogg Beverage seller Constellation Brands has raised its stake in Canadian marijuana grower Canopy Growth with an investment of approximately $4 billion.
Paul Ausick The top analyst upgrades, downgrades and other research calls from Monday include BlackRock, Capital One, Kroger, Nordstrom, Starbucks and Wells Fargo.
Friday was a positive day for the broad U.S. markets, closing out what was a week full of ups and downs. Crude oil again pushed much higher in the session, for its…
Chris Lange Beer, wine, and spirits company Constellation Brands missed profit estimates this morning and the shares are being knocked down, but not for that reason alone.
Paul Ausick Beermaker Molson Coors has reportedly been talking to marijuana growers about teaming up to offer a cannabis-infused beer. It won't be the first brewer to look to marijuana to rejuvenate sales.
24/7 Wall St. has put together a preview of Nike, Rite Aid, Walgreens and some of the other top companies reporting their latest results in the coming week.
The top analyst upgrades, downgrades and other research calls from Monday include Agilent, Allstate, ADP, Baker Hughes, Cardinal Health, Comcast, Fitbit, Humana and Tesla.
Constellation Brands reported better-than-expected quarterly results before the markets opened on Thursday.
Chris Lange 24/7 Wall St. has put together a preview of Lululemon, Walgreens and some of the other top companies reporting their latest results in the coming week.
U.S. tobacco wholesaler Alliance One last week acquired majority stakes in two Canadian medical marijuana firms. It is the first acquisition by an American tobacco company in the fast-growing cannabis industry.
Paul Ausick Its shares fell after Constellation Brands reported its fiscal third-quarter financial results before the markets opened on Friday.
Chris Lange Six North American companies that participate in the legal marijuana market have market values above $1 billion. At this time last year there were just two.
A few big names are kicking off the new year with earnings reports, including Rite Aid and Walgreens.
24/7 Wall St. has put together a preview of PepsiCo, Costco and a few major companies scheduled to report their quarterly results this coming week.
