Tag: Constellation Brands

Declining Profits Bringing Beer Companies Into the Cannabis Industry

Written by Anthony Johnson on June 7, 2019. Posted in Business, ICBC Vancouver.

Recognizing the growth of the burgeoning cannabis industry is enough to bring a lot of companies, entrepreneurs, and investors into the business sector, but beer sellers have an additional reason to...

Francis Ford Coppola Is the Latest Star to Join Cannabis Industry

Written by Anthony Johnson on November 2, 2018. Posted in Business, Cultural, ICBC San Francisco.

Celebrities like Willie Nelson, Tommy Chong, and Snoop Dogg, that haven’t been shy about their love of cannabis aren’t shocking too many people when they join the cannabis industry. Musician...

CNN Business: Corporate America Invests in Cannabis Because People Want It

Written by Anthony Johnson on October 11, 2018. Posted in Business, ICBC San Francisco.

With Canada legalizing cannabis nationally on October 17th and more states poised to legalize either medical or adult-use cannabis this November, we will start seeing even more major corporations make...

Forbes: Estée Lauder Joins the Cannabis Industry

Written by Anthony Johnson on September 19, 2018. Posted in Business, Cultural, ICBC Portland.

With Constellation Brands, the parent company of Corona beer and Robert Mondavi wine, Molson Coors, Scotts Miracle-Gro, biotech company Ginko Bioworks, GW Pharmaceuticals, and Coca-Cola all getting...

Canadian Cannabis Exchange-Traded Fund Hits $1 Billion

Written by Anthony Johnson on September 7, 2018. Posted in Business, ICBC Portland.

Cannabis stocks, while still carrying volatile risks, have been booming recently as mainstream investors have started flocking to the sector particularly after Canada passed the Cannabis Act and with...

Business Insider: Hedge Fund Legend Invests in Cannabis

Written by Anthony Johnson on August 30, 2018. Posted in Business, ICBC Portland.

Leon Cooperman may not be a household name, but the man labeled a “hedge fund legend” by Business Insider has a net worth of over $3 billion. And he’s the latest big investor...

After Constellation Brands and Molson Coors, Who Is Next?

Written by Anthony Johnson on August 24, 2018. Posted in Business, ICBC Portland.

After Constellation Brands’ mega-deal with Canopy Growth and Molson Coors team-up with Hydropothecary Corp. to work develop non-alcoholic, cannabis-infused beverages, industry observers are...

CNN Money: Cannabis Stocks Hit All-Time Highs

Written by Anthony Johnson on August 22, 2018. Posted in Business, ICBC Portland.

First off, I must apologize, once again for the puns in the title, but it is hard to get away from using “high” when discussing cannabis stocks that are worth more than ever before. When...

Wall Street Analyst: U.S. Cannabis Will Be a $47 Billion Market

Written by Anthony Johnson on August 22, 2018. Posted in Business, ICBC Portland.

Canada, Canadian companies, and U.S. businesses utilizing Canada’s financial markets are making most of the major cannabis financial headlines these days as the Great White North marches toward...