Both shareholders and the Canadian Government have approved Constellation Brands’ $4 billion investment in Canopy Growth, the Canadian producer of medical and recreational marijuana. Canopy Growth will use the infusion of cash to push its growth in the more than 30 countries that have medical marijuana programs, or have legalized the drug for adult […]
The Sands family and Constellation Brands have pledged a $4 million donation to support construction of a new Intensive Care Unit at F.F.Thompson Hospital in Canandaigua. UR Medicine/Thompson Health says the Sands family gift is leading off a capital campaign to raise $11 million for the project. Thompson Health President Michael Stapleton says […]
Constellation Brands says in its fourth quarter it generated a near 30 percent increase in Earnings Per Share, attributing part of that increase to President Trump’s tax reform plan. Constellation, which is based in Victor and is one of the largest producers of beer, wine and spirits, produced a record operating cash flow of […]