Though Constellation Brands Currently Has No Desire To Sell Marijuana Products In The United States, It Will Consider Selling Cannabis Products In Countries That Have Legalized Pot In Some Capacity.

An outdoor commercial cannabis grow <a href= farm.’ /> The investment from Constellation Brands is designed to keep up with evolving consumer trends , and it was viewed by management as the next step for a company focused on the global alcohol business. Though Constellation Brands currently has no desire to sell marijuana products in the United States, it will consider selling cannabis products in countries that have legalized pot in some capacity. What’s more, the deal provided Canopy Growth with a potential channel to sell its goods via a brand-name producer and distributor. It looks to be a win-win for both parties.  5. Aphria buys Broken Coast Cannabis: $185 million Finally, the fifth biggest deal of all time was the Jan. 15 announcement from Aphria that it was buying B.C.-based Broken Coast Cannabis for $185 million in a cash-and-stock deal. In other words, three of the five largest deals have all occurred within the past three weeks. Broken Coast Cannabis currently has a 26,000-square-foot facility, but is in the process of aggressively expanding. Once complete in January 2019, the company is expected to have a maximum annual output of 10,500 kilograms of cannabis.

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