Oct 29, 2017
U.S. beer-industry executives have been debating whether legalized marijuana could cannibalize sales of beer. The U.S. distributor of Corona beer is chasing a new type of buzz.
Constellation Brands Inc. STZ, -1.41% has agreed to take a 9.9% stake in Canopy Growth Corp., a Canadian marijuana company, and plans to work with the grower to develop and market cannabis-infused beverages.