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Stock impact report

Craft Cultivators Offer the Cannabis Consumer an Artisanal Alternative

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: PR Newswire
NEW YORK, June 12, 2019 /PRNewswire/ -- Following the ascent of the cannabis marketplace, reputable analysts have initiated their coverage on the industry. Major Wall Street firms such as RBC Capital Markets, Cowen, Piper Jaffray, and Bank of America Merrill Lynch have covered several companies within the market space, as well as the overall outlook for the industry. Although the industry is still technically illegal under international regulations, many countries have decided to overlook laws and move towards cannabis legalization. Large international countries such as Australia, Argentina, Colombia, France, Germany, Spain, parts of the U.S., and most notably, Canada have all adopted some form of cannabis legislation. While predominantly, most countries are adopting medicinal cannabis legislation due to its therapeutic benefits, the U.S. and Canada are accelerating the recreational market due to their large user bases. For instance, RBC Capital Markets analyst Nik Modi believes that Show less Read more
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