Constellation Signals Prohibition is Over
Residents of Colorado, California, Washington, and a host of other states are aware that cannabis prohibition is over. Now one of the world's largest alcohol companies, listed on the NYSE and hence subject to US Federal Regulations, has invested in a Canadian cannabis company. Contacts of mine in private equity had reported that they understood the opportunities in cannabis but had be told "hands off" are now reporting that now it is "game on!" http://business.financialpost.com/commodities/agriculture/constellation-brands-to-acquire-9-9-per-cent-stake-in-canopy-growth-for-245m.
posted...November 01, 2017