Forget Craft Beer: Constellation Brands Wants Drinkers to Get a Different Buzz
One brewer has a plan to combat the notion that legalized marijuana is cutting into beer sales: Constellation Brands (NYSE: STZ) is investing in the world's largest publicly traded cannabis company with an eye toward concocting marijuana-infused beverages.
If you can't beat 'em, join 'em, I guess.
Image source: Getty Images.
Source: Fool.com
Constellation Brands Inc. Stock
€233.50
0.480%
The stock is an absolute favorite of our community with 35 Buy predictions and no Sell predictions.
As a result the target price of 283 € shows a positive potential of 21.2% compared to the current price of 233.5 € for Constellation Brands Inc..
