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   Will canopy merge with Constellation?

   • This week, Canopy announced plans to consolidate all of its U.S. cannabis assets into a holding company called Canopy USA. Meanwhile Constellation intends to transition its existing common shares of Constellation into new exchangeable shares.

   Constellation Switches to Hands Off Approach With Canopy Growth

   www.thestreet.com/investing/cannabis/constellation-switches-to-hands-off-approach-with-canopy-growth

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   Does constellation have a deal with Canopy Growth?

   • Alcoholic-beverage giant Constellation Brands Inc. on Thursday announced a number of moves intended to further distance itself from struggling Canadian cannabis producer Canopy Growth Corp., following a multibillion-dollar investment in the pot company several years ago.

   Constellation Brands moves itself further away from cannabis grower Ca…

   www.marketwatch.com/story/constellation-brands-moves-itself-further-away-from-cannabis-grower-canopy-growths-business-82934b04

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   Will Constellation Brands be able to convert common shares into exchangeable shares?

   • Other Financial Reporting Implications For Constellation Brands If the Transaction is completed and the Amendment is authorized by Canopy’s shareholders and adopted by Canopy, and Greenstar and CBG exercise their rights to convert their Common Shares into Exchangeable Shares, Constellation Brands will no longer:

   Constellation Brands Announces Plan to Convert Common Stock Holdin…

   ir.cbrands.com/news-events/press-releases/detail/259/constellation-brands-announces-plan-to-convert-common-stock

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   Does constellation still need to review canopy financial results?

   • It also will no longer get Canopy financial results to review. Despite spending roughly $4 billion in Canopy, Constellation is still waiting to benefit from the investment. Earlier this month, it recorded a $1.1 billion writedown in the value of its investment in Canopy.

   Constellation transitions to passive role at Canopy Growth

   www.fooddive.com/news/canopy-growth-cannabis-holding-company-constellation-brands/634877/

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2. ir.cbrands.com › news-events › press-releasesConstellation Brands Announces Plan to Convert Common Stock ...

   ir.cbrands.com › news-events › press-releases

   • Cached

   Oct 25, 2022 · Constellation Brands intends to transition existing common shares ownership interest in Canopy Growth into new exchangeable shares, protecting Constellation shareholder value while retaining an interest in Canopy Growth through non-voting and non-participating shares.

3. www.thestreet.com › investing › cannabisConstellation Switches to Hands Off Approach With Canopy Growth

   www.thestreet.com › investing › cannabis

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   Oct 26, 2022 · Oct 26, 2022 6:33 PM EDT. Four years have passed since Constellation Brands ( STZ) announced that it would invest $4 billion in Canadian cannabis company Canopy Growth ( CGC) , and now...

4. www.canopygrowth.com › investors › news-releasesCanopy Growth Reports Fourth Quarter and Fiscal Year 2024 ...

   www.canopygrowth.com › investors › news-releases

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   18 hours ago · Subsequent to quarter end, on April 18, 2024, Canopy Growth announced that Constellation Brands Inc. converted its Common Shares to Exchangeable Shares of the Company. Subsequent to quarter end, on May 6, 2024, Canopy USA initiated the acquisitions of Mountain High Products, LLC, Wana Wellness, LLC and The Cima Group, LLC (collectively, “Wana ...

5. Videos

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     thestreet.com

     Constellation Switches to Hands Off Approach With Canopy Growth

     Oct 26, 2022

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     5:17

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     Canopy Growth CEO talks about Constellation Brands $5B investment

     Aug 16, 2018

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     19:16

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     Canopy Growth Corp 5 Billion Dollar Constellation Brands Partnership

     Aug 18, 2018

     23.5K Views

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6. www.fool.com › investing › 2022/10/20Why Constellation Brands Remains Bullish on Canopy Growth

   www.fool.com › investing › 2022/10/20

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   Oct 20, 2022 · Constellation Brands first invested in Canopy Growth in 2017, and it has spent billions gaining exposure to the cannabis industry. Canopy Growth's sales have been lackluster and...

7. www.marketwatch.com › story › constellation-brandsConstellation Brands moves itself further away from Canopy ...

   www.marketwatch.com › story › constellation-brands

   Apr 18, 2024 · Alcoholic-beverage giant Constellation Brands Inc. on Thursday announced a number of moves intended to further distance itself from struggling Canadian cannabis producer Canopy Growth...

8. www.prnewswire.com › news-releases › constellationConstellation Brands to Invest $5 Billion CAD [$4 Billion USD ...

   www.prnewswire.com › news-releases › constellation

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   Aug 15, 2018 · Constellation Brands will increase its ownership interest in Canopy Growth by acquiring 104.5 million shares directly from Canopy Growth, thereby achieving approximately 38 percent...

9. ir.cbrands.com › news-events › press-releasesConstellation Brands Announces Expiration of Canopy Growth ...

   ir.cbrands.com › news-events › press-releases

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   Nov 3, 2023 · VICTOR, N.Y., Nov. 03, 2023 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today the expiration of all its warrants (“Warrants”) to purchase common shares (“Common Shares”) of Canopy Growth Corporation (“Canopy”).