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…