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Stock impact report

Better Cannabis Stock: Canopy Growth vs. Aphria [The Motley Fool]

Constellation Brands, Inc. (STZ) 
Last constellation brands, inc. earnings: 4/3 07:30 am Check Earnings Report
US:NYSE Investor Relations: cbrands.com/investors
Company Research Source: The Motley Fool
The U.S. cannabis industry is performing exceptionally well this year, even with a market that's limited by the lack of federal legalization. The coronavirus pandemic has helped drive sales of marijuana, and the drug is seeing growing acceptance as a consumer staple.However, the case is different in Canada, where marijuana has been legal for awhile now. For several reasons -- including regulatory delays that held up the opening of legal stores and a thriving black market -- Canadian pot companies haven't seen the drastic revenue growth numbers many predicted.TakeCanopy Growth(NYSE:CGCConstellation BrandsAphriaNASDAQ:APHAImage source: Getty Images.Canopy Growth looks safe -- for nowCanopy Growth manufactures and sells cannabis products under the brand names Tweed and Tokyo Smoke, among others.In a growing industry where having enough cash on hand is a priority, Canopy's pockets are full thanks to the aforementioned partnership with Constellation Brands. The latter company invested mil Show less Read more
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