Constellation Brands has announced the development of cannabis-based beverages after agreeing the acquisition of a minority stake in cannabis producer Canopy Growth Corporation.

Constellation buys and sells

18 October, 2016

Constellation Brands has announced the sale of its Canadian wine business and is buying Charles Smith Wines, High West Distillery and a minority stake in Bardstown Bourbon Company.

Constellation Wines Australia and Europe has been renamed Accolade Wines following the completed acquisition of an 80% share in the company by Australian equity group Champ.

Constellation Brands, hitherto, the world's leading wine company, has announced that it has sold its Australian and UK business, (Constellation Wines Australia and Europe, CWAE), to CHAMP, an Australian private equity group.

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