Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Nina Zdinjak

Will Constellation Brands Use Canopy Growth Stock Drop To Acquire Higher Stake? Analyst Thoughts

Since the beginning of the year, Canopy Growth (NASDAQ:CGC) shares dropped 28.05% to $6.85 per share.

In December, the Ontario-based cannabis giant divested its CBD subsidiary assets in Germany as part of its rationalization strategy. The company began 2022 with the issuance of its Environmental, Social and Governance (ESG) report for calendar year 2020, describing the Canopy's commitment to sustainability practices.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.