Valuation, Prohibition, and History of the Cannabis Industry
How did we get here and where are we going?
Published in
17 min readJun 27, 2020
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…