Puff or chug? Pot craft beer is coming to Nevada, California [Business News Network (BNN) Energy & Resources (Canada)]
Constellation Brands, Inc. (STZ)
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Source: Business News Network
Puff or chug? Pot craft beer is coming to Nevada, California There’s a new craft beer in town, and this one offers a different kind of buzz. San Diego-based Cannabiniers will introduce what it says are the first line of de-alcholized craft beers infused with tetrahydrocannabinol, or THC, marijuana’s psychoactive ingredient. The products will launch in Nevada in July, and soon after will be introduced in California, said Kevin Love, director of product development. The beers, which include a stout, West Coast IPA, and lager, contain 2.5 milligrams of THC, enough that the consumer can feel its effects within five to seven minutes, but small enough that a person could drink multiple beers in one sitting, he said. “Beverage consumption really is going to be the future of cannabis consumption,” Love said in a telephone interview. “The nice thing about it is you can have multiple beers in one sitting and not have to worry about having one and being done.” The products come as cannabis produ
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- Constellation Brands' Continued Beer Strength Offsets Its Wine And Spirits Weakness [Yahoo! Finance]Yahoo! Finance
- Constellation Brands, Inc. (NYSE: STZ) had its price target raised by analysts at Barclays PLC from $294.00 to $295.00. They now have an "overweight" rating on the stock.MarketBeat
- Constellation Brands, Inc. (NYSE: STZ) was upgraded by analysts at Argus from a "hold" rating to a "buy" rating. They now have a $306.00 price target on the stock.MarketBeat
- Constellation Brands: Expect Strong Beer Performance To Continue [Seeking Alpha]Seeking Alpha
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- 4/11/24 - Beat
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