"On Wednesday, Molson Coors Brewing (NYSE:TAP) announced that it was partnering with The Hydropothecary Corporation (NYSEMKT:HEXO), also known as HEXO, on a joint venture to develop cannabis-infused beverages. In addition, Molson Coors will receive warrants to purchase shares of HEXO.
The deal was a tremendous boost for HEXO, with its stock price soaring 18% after the joint venture with Molson Coors was announced."
https://www.fool.com/investing/2018/08/03/molson-coors-picks-its-cannabis-partner-what-it-me.aspx
Rowdy2, it looks like you have a little research to do!
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