09:44 AM EST - Canopy Growth Corporation : Has agreed to enter into a strategic relationship with the leading total beverage alcohol supplier in the United States, Constellation Brands. Constellation is a leading international producer and marketer of a fast-growing, high-performing portfolio of beer, wine and spirits brands. As part of the strategic relationship, an affiliate of Constellation will invest approximately $245 million in Canopy Growth in exchange for common shares that, following the transaction, will represent a 9.9% equity share in the Company. An equal number of common share purchase warrants will also be made available to Constellation. Canopy Growth Corporation
shares T.WEED are trading up $1.54 at $14.33.
