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Constellation branches out, buys stake in marijuana company

by / No Comments / 0 View / October 30, 2017

VICTOR, N.Y. (AP) – The spirits maker Constellation Brands is branching off and buying a minority stake in a Canadian medicinal marijuana producer.

Constellation will pay $245 million Canadian dollars ($190.5 million) for a 9.9 percent interest in Canopy Growth.

Constellation Brands Inc., based in Victor, New York, near Rochester, …

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Via: Constellation branches out, buys stake in marijuana company