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Canada's Cannabis Future Attracts U.S. Alcohol Companies

Forbes
Canada's Cannabis Future Attracts U.S. Alcohol Companies

As CannTrust edges its way into the recreational market, the intent is for Breakthru to establish a cannabis brokerage company in Canada, to begin when that country’s cannabis recreational market opens in October 2018. It's not the first time a mega U.S. alcohol company has invested in the Canadian cannabis market. One of the world’s largest alcohol brand ownership company, Constellation Brands of New York State recently invested $4 billion in Canada’s Canopy Growth Corp., a leading medical marijuana company that expects to be equally big in that country’s recreational cannabis market. In another agreement, Great North Distributors, a wholly owned Canadian subsidiary of the largest U.S. alcohol