Weekly Cannabis Stock News: Constellation Ups the Ante on Canopy Growth
Last week, two deals were struck in the marijuana sector. By the standards of 21st-century corporate America, neither involved massive amounts of money. Yet both were significant in the industry for several notable reasons.
These were Canopy Growth's (NYSE: CGC) new cash infusion from its strategic investor, alcohol producer Constellation Brands (NYSE: STZ), and Harvest Health & Recreation's (OTC: HRVSF) sale to a classic brand in the marijuana world. Here's a glance at both.
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Source Fool.com
