Constellation Brands Posts 3rd Quarter Earnings
Constellation Brands reports net sales of its beer, wine and spirits up by nine percent in its third quarter, generating nearly $2 billion. The company says it’s investment in Canopy Growth, Canada’s legal marijuana industry, has produced a $1.2 billion unrealized gain since November of 2017. That’s even though the value declined in the […]
Constellation Investing in Women-Owned Companies
Constellation Brands says it will invest $100 million in beverage alcohol companies founded or led by women. The Victor-based company says its Focus on Female Founders will run through 2018, and it starts with two companies: Austin Cocktails and Vivify Beverages. Women-led businesses are the fastest-growing segment of entrepreneurship in the U.S. and […]