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Corona beer owner buys $191 million stake in legal marijuana business

Tags: stake corona beer
Corona Beer Owner Buys $191 Million Stake In Legal Marijuana Business

The Beer baron behind popular brands like Corona and Modelo are now investing millions into legal pot. Constellation Brands — America’s third-largest alcohol company — announced on Monday a $191 million Stake in the Canadian marijuana holding company Canopy Growth, reports Business Insider. The Victor, N.Y. based beverage company will own a 9.9 percent stake



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Corona beer owner buys $191 million stake in legal marijuana business

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