Valuation, Prohibition, and History of the Cannabis Industry

How did we get here and where are we going?

Anthony Andranik Moumjian
The Startup
Published in
17 min readJun 27, 2020

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As of Friday, May 1st, beer titan Constellation Brands, who makes beers such as Corona, Modelo, and Pacifico, increased their stake in Canopy Growth Corporation by 5%. They currently have a 40% stake in Canopy, who grew around 30,000 kilograms(66,000 lbs) of cannabis in the latest quarter…

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Anthony Andranik Moumjian
The Startup

Los Angeles. Long-time runner. Top writer on Quora, 100M+ total content views. New to Medium. Inquiries: Moumj@berkeley.edu