The platform uses extensive data to show in a single snapshot what drives the value of a company's business. You can play with assumptions, or try scenarios, as-well-as ask questions to other users and experts. Based in Victor, New York, Constellation has about 40 facilities and approximately 9,000 employees. © 2020 Forbes Media LLC. Terms & Conditions. Opinions expressed by Forbes Contributors are their own. Notify me of follow-up comments by email. In a study of U.S. venture activity from 2013 through 2017, just 1% of VC-backed entrepreneurs were Black. FORTUNE may receive compensation for some links to products and services on this website. Save my name, email, and website in this browser for the next time I comment. Our sales and marketing teams understand how to get a product from factory to dinner party. If you do not agree to these terms, do not use the services. We’re driven to think beyond today and invest in tomorrow with a portfolio of powerhouse products that meet consumer preferences, now, and a strong pipeline for the future. As consumers trend toward premiumization, we’re exploring new ideas and technologies, and connecting with people and brands that are reaching to fulfill those desires. Constellation Brands has its reasons to up its stake in Canopy Growth, but is it a smart investment? You have entered an incorrect email address! “While global legalization of cannabis is still in its infancy, we continue to believe the long-term opportunity in this evolving market is substantial,” says Bill Newlands, president and chief executive officer, Constellation Brands. We can help support the growth of your brand in numerous ways – working with distributors, vendors and thousands of employees, we can offer category insights, feedback on strategic plans, and our people and partners will position your business to thrive. This news was not met favorably with investors of the liquor maker, on the other hand, whose shares tanked on the news of the over 50% premium paid to acquire the stake. Market data provided by Interactive Data. Our goal is to provide you with an experience that delivers the information, resources and services that are helpful to you. FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. Keith began writing for the Fool in 2012 and focuses primarily on healthcare investing topics. We team with leaders, brands and companies who embrace opportunities to disrupt the norm and deliver growth. Constellation Brands didn’t ascend to an industry leader overnight. With more than 70 years in the beverage alcohol industry, we have learnings and insights that can help from operations to marketing ­­– and across all functional areas. For Canopy, this investment gives them the money needed to achieve their global ambitions. In 2014, there were only a limited number of countries which had allowed cannabis usage in some form, including Canada, Israel, Czech Republic, Netherlands, and Uruguay.

The adult beverage giant has maintained for quite a while that the global cannabis market could top $250 billion within the next 15 years or so. Through Constellation Ventures, we collaborate with people and brands to drive innovation and transform the future of the industry together.

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