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Cannabis company Canopy Growth’s stock soars 30% as Corona brewer increases stake

Ciara Linnane
Cannabis company Canopy Growth’s stock soars 30% as Corona brewer increases stake

U.S.-listed shares of Canada-based Canopy Growth Corp. soared almost 30% Wednesday, after liquor seller Constellation Brands Inc. said it will invest another CAD $5 billion, or about $4 billion, in the diversified cannabis company.