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.

Image source: Getty Images.

Continue reading


Source Fool.com