Replies to post #116748 on Canopy Growth Corp (WEED)

[john1311]

A souring bet on cannabis by the American distributor of Corona and Modelo beers has again burnt its profits.
Constellation Brands yesterday wrote down its 38 per cent stake in Canopy Growth, Canada’s largest marijuana grower, by $534 million, knocking its third-quarter profit.
https://www.thetimes.co.uk/edition/business/high-hopes-suffer-new-blow-at-constellation-brands-5933rjsq5