CGC (US symbol) WEED (Canada symbol)

Discussion in 'Stocks' started by m22au, Aug 15, 2018.

  1. m22au

    m22au

    "Constellation Brands to Invest $5 Billion CAD [$4 Billion USD] in Canopy Growth to Establish Transformative Global Position and Alignment"

    https://www.newswire.ca/news-releas...-global-position-and-alignment-690901721.html

    Constellation Brands will increase its ownership interest in Canopy Growth by acquiring 104.5 million shares directly from Canopy Growth, thereby achieving approximately 38 percent ownership when assuming exercise of the existing Constellation warrants.

    If Constellation were to exercise all existing and new warrants, its ownership would exceed 50 percent.

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    vanzandt likes this.