Canopy Drags Down Constellation

Good time for Bruce to stand down ! Now the question is..there’s an acting CEO for Canopy but as yet no inkling of a new CEO who will come in and get done what constellation expect.. make $$$.

 

MJ Biz reports

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.

Full report

Canopy cannabis woes drives huge loss at alcohol giant Constellation

 

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