The Wall Street Journal broke big news for the global alcohol and cannabis industries today, detailing an investment by Constellation Brands (NYSE: STZ) into Canadian licensed cannabis producer Canopy Growth (TSX: WEED) (OTC: TWMJF). Constellation will acquire 9.9% of Canopy Growth for C$245mm, which at the current exchange rate is equal to about US$191mm. It also has … Continue reading Fortune 500 Constellation Brands Takes $191 Million Stake in Cannabis Industry