Constellation Brands expands Modelo range with new ready-to-drink Chelada

USA – Constellation Brands has launched new ready-to-drink Chelada, Modelo Chelada Limón y Sal, expanding its Modelo beer brand in the United States. The new addition is made with Mexican beer and the refreshing natural flavor of lime and salt to provide a new, convenient way to enjoy the classic Chelada experience. It joins other…

Constellation Brands acquires minority stake in US distillery Black Button

USA – The American beer, wine and spirits company, Constellation Brands has acquired a minority stake in craft spirits maker Black Button Distilling for an undisclosed sum. The investment was made through Constellation Ventures which supports emerging brands and technologies in the alcoholic beverages industry. When the transaction will close, New York based Rochester Craft…

Constellation Brands announces Bill Newlands as new CEO

USA - Constellation Brands, Inc., a leading beverage alcohol company, today announced Bill Newlands will assume the role of president and chief executive officer (CEO), succeeding current CEO Rob Sands, on March 1, 2019. According to the company, Newlands joined Constellation Brands in 2015 as executive vice president and chief growth officer. In 2016, he…

Coca-Cola in talks with cannabis-infused beverages company Aurora Cannabis

USA - The Coca-Cola Company, the global manufacturer for non-alcoholic beverages, is in “serious talks” with Aurora Cannabis Inc. to develop cannabis-infused beverages, a move that would signal a significant foray into the marijuana sector. According to Bloomberg, Coca-Cola is interested in developing beverages that are infused with cannabidiol, commonly referred to as CBD, the…

Constellation Brands acquires 38% ownership of cannabis producer Canopy Growth

USA - Constellation Brands, a leading beverage alcohol company, has announced that it has acquired 38% ownership of Canopy Growth Corporation, a leading diversified cannabis company. The companies also announced a significant expansion of their strategic partnership to position Canopy Growth as the global leader in cannabis production, branding, intellectual property and retailing. According to…