Retail news
Corona's owner takes stake in major cannabis producer
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Rick MossConstellation brands, the beer distributor owner of the Corona brand, is set to buy about 10 percent of Canopy Growth Corporation with the aim of developing and marketing cannabis-infused beverages. Canopy is currently the world's largest publicly traded cannabis company. Constellation Brands president and CEO Rob Sands sees the move as preparation for the inevitable nationwide legalization of marijuana in the U.S.