Author Topic: A constellation of cannabis?  (Read 685 times)

Offline Visor

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A constellation of cannabis?
« on: October 31, 2017, 08:02:47 AM »
   I saw on the news that Constellation Brands has purchased a 9.9% stake in Canopy Growth corp., which is the world's largest publicly traded cannabis grower, with the stated intent being to develop cannabis infused alcoholic beverages in anticipation of cannabis' eventual legalization in the U.S.
   What is everyone's take on this story?
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Online Stevie

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Re: A constellation of cannabis?
« Reply #1 on: October 31, 2017, 08:05:49 AM »
They are a company in a market that is mostly flat looking to invest in a market with high growth potential. Makes sense to me.

Offline Nathan

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Re: A constellation of cannabis?
« Reply #2 on: October 31, 2017, 09:25:51 AM »
I have brewed cannabis beer in the past and it was yucky
The laws here in Canada are pretty clear on cannabis and alcohol being combined  it's forbidden
Although I'm sure adding it to a home brew would be ok/unenforceable. The new laws don't even allow for the two substance to be sold under the same roof


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Offline Visor

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Re: A constellation of cannabis?
« Reply #3 on: November 01, 2017, 03:31:05 PM »
   From what I got out of the news stories, Constellation doesn't seem to be overly concerned about the Canadian beverage market, and Canopy see's opportunities in Constellation's distribution network and organization.
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Offline Nathan

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Re: A constellation of cannabis?
« Reply #4 on: November 01, 2017, 04:59:42 PM »
Canadian Bevarage market is very small


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Offline JT

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Re: A constellation of cannabis?
« Reply #5 on: November 04, 2017, 12:13:19 PM »
Canadian Bevarage market is very small


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I bet.  Who could afford to drink there?  I remember buying beer up there a few years back and it was crazy expensive! 

  "If more of us valued food and cheer and song above hoarded gold, it would be a merrier world."