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Friday, 08/24/2018 4:23:16 PM

Friday, August 24, 2018 4:23:16 PM

Post# of 70340

Report says Smirnoff maker is looking for pot partner, after $4 billion investment in Canopy by booze giant Constellation

Marijuana stocks were on a rampage Friday, after a report that Smirnoff and Johnnie Walker maker Diageo PLC is in talks with at least three Canadian pot companies with the intent to purchase a stake or initiate a collaboration in one of them, part of a wave of large traditional companies looking to partner with cannabis companies.
I cannot understand why these alcohol companies are not tapping Aurora for a deal. It's not like there's a lot of companies producing marijuana right now. You'd think they were breaking down the doors.
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