Constellation Has A Moment Of Reflection But Not Sour Grapes Over Canopy Investment

Constellation Brands, the beer brewer behind Corona and Modelo, has finally admitted the obvious. Its four-billion-dollar bet on the Canadian cannabis company Canopy Growth in 2018 was a long-term play for market share, not immediate profitability. Indeed, Canopy has yet to turn a profit and its shares are down 30% from this time last year. […]

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Israel Imports Cannabis: What Happened to Exports?

Canndoc, an Israeli medical cannabis producer, just received a shipment of 250kg of dried whole flower cannabis. The company, a subsidiary of InterCure, just signed a strategic cooperation agreement with Canada’s Tilray. Interestingly the agreement is both for the import and export of flower. So don’t count out a stream coming the other way. Or, […]

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