TAP - Molson Coors Brewing Company

NYSE - NYSE Delayed Price. Currency in USD
54.39
+0.10 (+0.18%)
At close: 4:01PM EDT

56.00 +1.61 (2.96%)
After hours: 6:50PM EDT

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Previous Close54.29
Open54.00
Bid54.36 x 900
Ask57.41 x 900
Day's Range53.48 - 54.65
52 Week Range52.36 - 71.04
Volume1,026,215
Avg. Volume1,585,485
Market Cap11.79B
Beta (3Y Monthly)0.97
PE Ratio (TTM)11.90
EPS (TTM)4.57
Earnings DateJul 31, 2019
Forward Dividend & Yield1.64 (3.02%)
Ex-Dividend Date2019-05-31
1y Target Est64.19
Trade prices are not sourced from all markets
  • ACCESSWIRE45 minutes ago

    SHAREHOLDER ALERT: Molson Coors Brewing Company (TAP) Sued for Misleading Shareholders; The Law Offices of Timothy L. Miles Encourages Shareholder to Contact the Firm

    HENDERSONVILLE, TN / ACCESSWIRE / July 18, 2019 / The Law Offices of Timothy L. Miles , who has been leading the fight to protect shareholder rights for over 18 years, announces that another purchaser ...

  • Business Wire5 hours ago

    Molson Coors Brewing Company Announces Increased Regular Quarterly Dividend

    Molson Coors Brewing Company today declared a regular quarterly dividend on its Class A and Class B common shares of US$0.57 per share, payable September 13, 2019, to shareholders of record on August 30, 2019, which is an increase from its last regular quarterly dividend on its Class A and Class B common shares of US$0.41 per share.

  • 3 Reasons Why HEXO Stock Is the Real Deal
    InvestorPlace2 days ago

    3 Reasons Why HEXO Stock Is the Real Deal

    There will always be naysayers in the sphere of stock market investing, especially when it comes to cannabis stocks. This is true for the bigger names like Canopy Growth Corp (NYSE:CGC) and Aurora Cannabis (NYSE:ACB). And it also applies to today's spotlight name, Hexo (NYSE:HEXO). But does Hexo stock deserve its reputation as a volatile, dangerous investment?I won't deny that Hexo Corp stock is a speculative play. But I wouldn't consider it any more dangerous than the broader cannabis market. You're either a believer in marijuana stocks or you're not. And if you can handle some risk, then Hexo stock could be your ticket to surprisingly impressive returns.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Too Legit to QuitOnce they were marginalized companies, but Canopy and Aurora have since transitioned from thinly traded over-the-counter markets to the major exchanges. In turn, this emboldened other cannabis up-and-comers to likewise move to the bigger exchanges.Hexo would be a textbook example of this. They're now being promoted from the much smaller NYSE American exchange to the New York Stock Exchange. Hexo Corp stock owners shouldn't experience any negative impact. Further, the ticker symbol of HEXO will remain the same. * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip CEO and co-founder Sebastien St-Louis rejoiced in this headline-making move. He commented that Hexo Corp is "extremely pleased to list on the NYSE and believe it reaffirms HEXO's strong track-record for exceptional corporate governance and is further proof that we are a valuable cannabis industry partner for Fortune 500 companies."I'd affirm that just like Canopy and Aurora, Hexo deserves to play on the same field as other major-league batters. One of the biggest licensed cannabis companies in Canada, Hexo Corp serves both the adult-use and medical-use Canadian markets through a multitude of popular brands. A Historic First for Hexo Corp StockLest we forget, this once under-the-radar company generated huge headlines. Hexo was the first major cannabis producer to ink a deal with a brand-name beverage company. Moreover, it did so with the explicit purpose of developing and manufacturing cannabis-infused beverages. In a landmark agreement with Molson Coors Brewing Company (NYSE:TAP), Hexo moved even faster than Canopy to map out a definitive plan to bring cannabis-enhanced drinks to the public.And it's not just about beer, as the two companies are also considering cannabis-infused water and hot beverages. According to Molson Coors president and CEO Mark Hunter, the total cannabis market in Canada is approximately valued between $7 billion to $10 billion. Within that figure, beverages account for anywhere from 20% to 30% of the total, or as much as $3 billion. That's a massive untapped (pardon the pun) market for Hexo stock. A Major AcquisitionIn what I believe to be a game-changing expansion, Hexo Corp acquired what was one of my favorite cannabis companies this year, Newstrike Brands, for around $197 million. In so doing, Hexo added another 470,000 square feet of licensed indoor cultivation space. Keep in mind it already has an expansive 1.31 million square feet of grow space.Moreover, Hexo will now have access to the numerous provincial deals which Newstrike already had in place. Altogether, Hexo's management expects the Newstrike acquisition to yield 400 million CAD in net revenues by the year 2020. The Bottom Line on HEXO StockI'm looking forward to watching the cannabis-investing community bid the HEXO stock price up through the end of this year. And probably the party will continue well into next year.If you're in the pot game, don't sleep on Hexo stock: this could be the company to bring legalized cannabis to the masses.As of this writing, David Moadel did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip * 7 Services Stocks to Buy for the Rest of 2019 * 6 Stocks to Buy and 1 to Sell Based on Insider Trading The post 3 Reasons Why HEXO Stock Is the Real Deal appeared first on InvestorPlace.

  • Molson Coors stock dragged down by double downgrade
    MarketWatch3 days ago

    Molson Coors stock dragged down by double downgrade

    Shares of Molson Coors Brewing Co. dropped toward its lowest close in over 5 years Monday after a double downgrade at Bank of America Merrill Lynch, which said the beer brewer will likely have to spend more and make less to stem the decline in its beer brands.

  • Barrons.com4 days ago

    Molson Coors Stock Falls as Analyst Raises Alarm Over Spending

    Heightened competition in the beer industry could force the brewer to spend more to protect its share of the market, according to Bank of America Merrill Lynch.

  • Benzinga4 days ago

    Bank Of America Taps Out Of Molson Coors, Downgrades Stock

    Molson Coors Brewing Co (NYSE: TAP ) deserves credit for integrating the MillerCoors and Miller International acquisitions into its business, but one analyst says this is more than offset by multiple concerning ...

  • GuruFocus.com5 days ago

    Stocks That Fell to 3-Year Lows in the Week of July 12

    Regeneron Pharmaceuticals Inc., Ryanair Holdings PLC, Iron Mountain Inc. and Molson Coors Brewing Co. have declined to their respective three-year lows Continue reading...

  • Financial Times7 days ago

    New CBI head pledges to shift focus to smaller companies

    The CBI needs to champion smaller, more entrepreneurial companies to shake off a reputation as “the voice of big British business”, according to Karan Bilimoria, the chairman of Cobra Beer who is lined up to be president of the UK’s largest employer organisation. Lord Bilimoria was appointed vice-president of the CBI last month, and will take over as president when John Allan, Tesco chairman, steps down in a year’s time.

  • 10 Stocks to Buy for Less Than Book
    InvestorPlace8 days ago

    10 Stocks to Buy for Less Than Book

    The S&P 500 is up 20% year to date through July 11. It's a big reason why Morgan Stanley downgraded global stocks from equal weight to underweight. The stocks to buy are few and far between.In fact, Morgan Stanley's chief investment officer Mike Wilson believes the S&P 500 will gain 1% over the next 12 months in the best-case scenario and lose 7.6% in the worst. Therefore, the idea of finding stocks to buy for less than book seems like an absolute impossibility given the state of the markets. InvestorPlace - Stock Market News, Stock Advice & Trading TipsNonetheless, I did a screen to find value stocks based on book value. I was able to find 160 stocks with a market cap of $2 billion or more that were trading for less than book value. Of those, 31 belonged to the S&P 500. * 10 Stocks to Sell for an Economic Slowdown To make things interesting, I'm going to recommend 10 stocks to buy for less than book value; five from the S&P 500 and five outside the index. May the best value stocks win. Stocks to Buy: Molson Coors (TAP)Molson Coors (NYSE:TAP), the maker of beers such as Coors Light, Miller High Life and Molson Canadian, currently trades at 0.89 times book value. It has a total return year to date of 0.94%. Molson Coors entered into a 50/50 joint venture with Hexo (NYSEAmerican:HEXO), a Montreal-based cannabis company, in August 2018. In June, TAP detailed its plans for cannabis-infused drinks for the Canadian market. Plans include selling multiple types of beverages the day (December 16) derivative cannabis products such as cannabis-infused drinks, edibles, and concentrates can be legally sold. "We'll have a very large supply so we'll be in a good position to be able to meet the demand of the marketplace and at the same time also ensure that we're meeting the variety that the marketplace wants," Jay McMillan, Hexo's vice president of strategic development said at the World Cannabis Congress recently. In my opinion, edibles and drinks are going to be much bigger than the sale of dried flower within 2-3 years. Molson Coors has an inside track. News Corp. (NWSA)News Corp. (NASDAQ:NWSA), the news and publishing arm of Rupert Murdoch's empire, currently trades at 0.84 times book value. It has a total return year to date of 18%.Lachlan Murdoch, who is the CEO of News Corp., recently discussed how the company is focusing on opportunities that revolve around live content to survive in the digital age. "Of the advertising revenue, the remarkable statistic is that 70% of that revenue is derived from live television, and the reason that we've structured a company for that is because… when we are talking absolutely instantaneous live news, sports, opinion is where these people aren't delaying; they're highly engaged. As media gets more fragmented, the value of live is only increasing," Murdoch stated at the Cannes Lions festival in June. * 7 Retail Stocks to Buy for the Second Half of 2019 The Murdochs might have sold off a significant chunk of their assets, but the ones it still has are likely worth a lot more than people are valuing them. Loews (L)Loews (NYSE:L), the New York-based holding company that once controlled CBS (NYSE:CBS), currently trades at 0.89 times book value. It has a total return year to date of 22.3%. Loews is having a year in the markets unlike any it's had in a very long time, yet you can still buy its stock for less than book value. Loews' holdings are a combination of public and private entities. It's a sum-of-the-parts is worth more than the current valuation type of story. Currently run by James Tisch, Loews biggest holding is an 89% stake in commercial property and casualty insurer CNA Financial (NYSE:CNA). As of March 31, Loews stake was worth $10.5 billion. Its current market cap is $16.8 billion. In addition to CNA, it owns 53% of offshore driller Diamond Offshore Drilling (NYSE:DO), a holding that's seen significant deterioration in the past few years. Currently trading below $10, DO traded as high as $50 in 2014. The stake in DO alone makes Loews stock a good buy below book value. Kraft Heinz (KHC)Kraft Heinz (NASDAQ:KHC), the food conglomerate 27% owned by Warren Buffett, currently trades at 0.74 times book value. It has a total return year to date of -25.4%. I have not been a fan of Kraft Heinz in large part because of its slash-and-burn style of running businesses. That said, I did offer up KHC stock in February as a good contrarian play. The caveat was that certain things needed to happen before its stock got higher. Those changes included paying down debt, getting rid of 3G Capital as a major owner of the company, and upping its innovation game. To date, it hasn't done much to meet my seven suggestions, except to replace former CEO Bernardo Hees with Miguel Patricio, the former chief marketing offer at Anheuser-Busch InBev (NYSE:BUD), another of 3G Capital's investments. It's too early to say if Patricio can move the needle. * 10 Best Stocks for 2019: A Volatile First Half However, you can bet Warren Buffett's going to do everything he can to turn around one of his worst investments to date. Marathon Oil (MRO)Marathon Oil (NYSE:MRO), the independent Houston-based upstream oil and gas company, currently trades at 0.93 times book value. It has a total return year to date of -2.4%. It has been eight years since Marathon Oil spun-off its refining business to focus on exploration and production. In that time, its stock has lost approximately 43% of its value. In 2011, it traded at 1.23 times book value. Today, its multiple is 26% lower. It might not trade at 0.44 times book as it did in 2015, but it's still pretty darn cheap. On July 1, MRO closed on the sale of its UK business so it could focus on its properties in the U.S. Over the past five years it has sold operations in 10 countries, leaving only its LNG operations in Equatorial Guinea as its only operating unit outside the U.S. Switching its focus to low-risk, high-return investments in four of the major shale plays in the U.S., Marathon is looking to grow its output by 12% in the U.S. in 2019. Fiat Chrysler (FCAU)Fiat Chrysler (NYSE:FCAU), the eighth-biggest car and truck manufacturer, currently trades at 0.96 times book value. It has a total return year to date of almost 12.0%. In late May, Fiat Chrysler made headlines by proposing it merge with France-based Renault (OTCMKTS:RNLSY). The merger would have made it the world's third-largest automotive company. Fiat Chrysler called it off, but there is speculation merger talks might restart at some point. However, despite calling off the merger, Fiat Chrysler managed to deliver its best June U.S. monthly sales report in 14 years with its Ram trucks leading the way growing by 45% year over year. That offset weaker sales of its other brands, including a 12% drop in Jeep sales. * 7 A-Rated Stocks to Buy for the Rest of 2019 Cheaper than most of its automotive peers, I believe that FCAU stock has the best potential upside with or without Renault. Park Hotels (PK)Park Hotels & Resorts (NYSE:PK), the second-largest publicly traded lodging REIT, currently trades at 0.99 times book value. It has a total return year to date of 9.7%. Park Hotels recently announced that it was selling three non-core hotels in Atlanta, New Orleans, and Parsippany, New Jersey, for gross proceeds of $166 million or $151,000 per key. PK is doing so to reduce the amount of debt it has taken on to buy Chesapeake Lodging Trust (NYSE:CHSP), a $2.7 billion acquisition it announced in early May. The deal will create a hotel owner with 66 high-quality hotels in 17 states and the District of Columbia. More importantly, for PK shareholders, it improves the REITs RevPAR by 4% to $182 with an EBITDA margin that's 60 basis points higher at 29.7%.Park Hotels was spun-off by its former parent, Hilton Worldwide (NYSE:HLT), in large part so that it could go its holdings separate from the hotel operations. While its stock hasn't done much since the 2017 spinoff, the move to buy Chesapeake should change that in the next 12-24 months. AerCap Holdings (AER)AerCap Holdings (NYSE:AER), the world leader in commercial aircraft leasing, currently trades at 0.79 times book value. It has a total return year to date of 26.7%. Although Boeing (NYSE:BA) announced a third consecutive month with no new 737 MAX orders July 9, AerCap is unlikely to be hurt by the ongoing grounding of Boeing's bestselling aircraft. On July 8, AerCap accounted for the company's major transactions during the quarter. According to its press release, AerCap signed lease agreements for 48 aircraft in the second quarter, purchased 11 aircraft, sold 23 aircraft, and signed financing transactions for $1.5 billion.AerCap makes money by buying planes and leasing them to airlines and other users of commercial aircraft. It owned 1,421 aircraft at the end of March with an average remaining lease term of 7.4 years, and a cost of credit of approximately 1% of its annual lease revenues. * 7 Retail Stocks to Buy That Are Down in 2019 It's been profitable for the past 12 years.As people travel farther and more often, AerCap is bound to benefit from the need for new aircraft. Taylor Morrison Home (TMHC)Taylor Morrison Home (NYSE:TMHC) currently trades at 0.94 times book value. It has a total return year to date of 33.9%. Based in Arizona, the homebuilder operates in eight different states including Arizona, Texas, and Florida. Recently, Taylor Morrison announced plans for a 1,750-home community in Sarasota, Florida. The master-planned development called Azario at Lakewood Ranch will include an 18-hole golf course, wellness and culinary centers, and even a lifestyle manager to help residents plan parties and special events. In fiscal 2018, Taylor Morrison closed on 8,760 homes, a 9% increase over a year earlier, generating $4.2 billion in revenue and making approximately 18.2% of the home price of every sale. The company finished 2018 with 6,014 homes in its inventory, 38% higher than a year earlier. As it continues to close on this inventory, investors can expect its revenue and earnings to grow significantly.As long as the economy remains strong, its stock from a price-to-book perspective is cheaper than it has been in several years. DuPont (DD) DuPont (NYSE:DD) currently trades at 0.56 times book value. It has a total return year to date of -12.4%.DuPont is one of three companies created by the DowDuPont spinoffs that took place in April and June. More than three years in the making, the DuPont businesses leftover after spinning off both Corteva (NYSE:CTVA) and Dow (NYSE:DOW) are generally of above-average quality and should be able to keep growing.However, before it's able to focus on the future, it needs to sell off some assets that don't fit into its plans. DuPont has already found assets generating $2 billion in annual revenues to sell; the proceeds of which can be reinvested in businesses with greater potential. Bank of America Merrill Lynch analyst Steve Byrne recently initiated coverage of DuPont giving it a "buy" rating and a $76 target price. Currently trading at $70, I believe the analyst is conservative in his price target. The average of 25 analysts covering its stock is $83.34. A total of 16 analysts have a buy or overweight rating on its stock. It's early in the DowDupont spinoffs, but I see good things happening from the lengthy process to deliver value for its shareholders. At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks to Sell for an Economic Slowdown * 7 Marijuana Penny Stocks That I May Buy * 7 of The Best Schwab ETFs for Low Fees The post 10 Stocks to Buy for Less Than Book appeared first on InvestorPlace.

  • GlobeNewswire9 days ago

    Molson Coors Shareholder Alert: - Kehoe Law Firm, P.C. Investigating Potential Claims on Behalf of Investors of Molson Coors Brewing Company - TAP

    Kehoe Law Firm, P.C. continues its investigation of potential claims on behalf of investors of Molson Coors Brewing Company (“Molson Coors” or “the Company”) (NYSE: TAP). Shareholders of Molson Coors are advised to contact either John Kehoe, Esq., (215) 792-6676, Ext. 801, jkehoe@kehoelawfirm.com or Michael Yarnoff, Esq., (215) 792-6676, Ext. 804, myarnoff@kehoelawfirm.com, info@kehoelawfirm.com. On February 12, 2019, Molson Coors announced that it would restate its financial statements for fiscal years 2016 and 2017 after the audit committee found errors in Molson Coors’ financial reporting.

  • Business Wire9 days ago

    Scott+Scott Attorneys at Law LLP Investigating Molson Coors Brewing Company’s Directors and Officers for Breach of Fiduciary Duties – TAP

    Scott+Scott Attorneys at Law LLP (“Scott+Scott”), a national securities and consumer rights litigation firm, is investigating whether certain directors and officers of Molson Coors Brewing Company (“Molson Coors” or the “Company”) (TAP) breached their fiduciary duties to the Company and its shareholders. If you are a Molson Coors shareholder, you are encouraged to contact attorney Joe Pettigrew with Scott+Scott for additional information at (844) 818-6982 or jpettigrew@scott-scott.com.

  • Business Wire9 days ago

    Molson Coors Brewing Company to Webcast 2019 Second Quarter Earnings Conference Call

    Molson Coors Brewing Company will host an online, real-time webcast of the company’s 2019 Second Quarter Earnings Conference Call with investors and financial analysts at 11:00 a.m.

  • How Technology Is About to Transform the $150B Cannabis Market
    Oilprice.com10 days ago

    How Technology Is About to Transform the $150B Cannabis Market

    An emerging data company has a unique solution to identify, manage and distribute cannabis products, but the potential of its technology could stretch beyond the booming marijuana markets

  • Can Anheuser-Busch InBev Show Craft Beer the Way Back to Growth?
    Motley Fool12 days ago

    Can Anheuser-Busch InBev Show Craft Beer the Way Back to Growth?

    It may be time for craft beer to drop its premium pricing.

  • Barrons.com13 days ago

    What’s in a Ticker Symbol? More Than You Might Think.

    At Barron’s, we prefer to ask what’s in a ticker, those one to four (occasionally five) letter identifiers for stocks? Occasionally, tickers are clever, even creative: the newly public Slack Technologies, with its WORK ticker, (HOG)’s HOG, (TAP)’s TAP, and YUM Brands’ ineffable—of course—YUM.

  • What Are Analysts Saying About The Future Of Molson Coors Brewing Company's (NYSE:TAP)?
    Simply Wall St.17 days ago

    What Are Analysts Saying About The Future Of Molson Coors Brewing Company's (NYSE:TAP)?

    Looking at Molson Coors Brewing Company's (NYSE:TAP) earnings update in March 2019, it seems that analyst expectations...

  • 3 Consumer Stocks Loading up on Marijuana
    InvestorPlace17 days ago

    3 Consumer Stocks Loading up on Marijuana

    There's no denying that investing in marijuana stocks is one of the hottest trends in the entire market. With commercial legalization around the corner, many marijuana stocks are partnering with big names in the consumer world to bring forth new commercial and medical cannabis products. Canopy Growth's (NYSE:CGC) partnership with spirit maker Constellation Brands (NYSE:STZ) was perhaps the most famous and largest of these deals.However, CGC and STZ aren't the only ones that have caught cannabis fever.There are now several other big consumer firms looking at marijuana stocks for inspiration. As we have said before, these multinational firms are a safer bet on the growth of cannabis than individual marijuana stocks. After all, their diverse product lines can provide safety from the volatility of the sector. They will still benefit from the growth and sales of cannabis-related products.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAt the end of the day, it's a win-win for investors. * The Top 10 Best Sectors in the Market for 2019 With that, here are three consumer stocks hitching a ride to rising cannabis demand. Mondelez International Inc (MDLZ)Source: Shutterstock We already mentioned how Mondelez International's (NASDAQ:MDLZ) portfolio of snack foods, cookies, and candy is a bit on the boring side. Top brands like Nabisco and Cadbury produce plenty of stable cash flows, profits, and sales for MDLZ. And thanks to their discretionary nature, the firm has been able to pass on price increases with relative ease.But that huge stable of brands could mean plenty of pin-action and growth as MDLZ pivots to adding cannabis to its products. During its last earnings call, Mondelez CEO Dirk Van de Put mentioned that the firm was looking into adding CBD-infused snacks to their product line.Mondelez has been working hard to expand into a variety of natural, organic and healthy snack foods. These healthy snacks come with higher margins and are one of the reasons why MDLZ has seen revenues tick higher in recent quarters. Cannabis would be a natural fit to this. Given that consumers already trust and recognize its portfolio of top brands, they could be more willing to try a Nabisco-branded CBD snack than some other unknown brand. This gives the firm an edge in actually getting people to buy cannabidiol-infused foods.While MDLZ hasn't partnered with any marijuana stocks just yet, it will be ready to make the plunge sooner rather than later, which could be great for investors. Molson Coors (TAP)Source: Drew Stephens via FlickrConstellation Brands is not the only spirit maker looking at marijuana stocks. Brewing giant Molson Coors Brewing (NYSE:TAP) has caught the cannabis bug as well. And TAP is going full-bore into the sector.Late last year, Molson Coors partnered with Quebec-based Hydropothecary Corporation (NYSEAMERICAN:HEXO). The duo formed a joint venture -- dubbed Truss -- that will primarily focus on non-alcoholic, cannabis-infused beverages.Canada has already legalized marijuana and cannabis-infused beverages will be available in the country at the end of 2019. For Molson Coors, this is a big opportunity. The firm's size gives it a huge edge in Canada right from the get-go: TAP estimates that this drink market could be worth about $3 billion in annual sales.Molson Coors will be able to score a high percentage of much-needed revenues.In the U.S., analysis from investment bank Cowen determined that states with legal cannabis binge-drink 13% fewer times per month than non-cannabis states. The idea is that TAP can pick up revenues in Canada and then add additional revenues here in the U.S. when cannabis becomes fully legal. * 7 Restaurant Stocks to Put on Your Plate For investors, TAP stock could be a sure thing. It already has a big foothold in key markets and should be able to boost its fortunes with its marijuana stock deal. Diageo (DEO)Source: Mustafa Khayat Via FlickrJohnnie Walker, Smirnoff, Captain Morgan, and Guinness have served Diageo (NYSE:DEO) well over the years. These top booze brands -- along with the rest of DEO's massive staple of spirits -- have continued to rack up billions in annual sales. And they are about to get even better.DEO hasn't been shy about its intentions to add cannabis to their lineup of brands. Around this time last summer, BNN Bloomberg reported that Diageo was conducting talks with several different marijuana stocks for partnerships. A deal hasn't been reached yet, but it could happen soon.For one thing, pot stock Aphria's (NYSE:APHA) chief commercial officer, Jakob Ripshtein, was formerly the chief financial officer of Diageo North America and president of Diageo Canada. Meanwhile, spirit sales have slowed in North America over the last year. This provides plenty of impetus to get a deal done.DEO's brand range includes 14 of the top 100 premium distilled spirits brands and seven of the top 20 premium spirits brands worldwide. Like TAP and MDLZ, this huge portfolio gives Diageo a significant edge in getting consumers to actually try CBD-infused products in the first place. The best part is that these DEO brands are consumed globally. Its moves today could make it the global leader in marijuana sales.Meanwhile, investors can score a respectable dividend of 2% while they wait.At the time of writing, Aaron Levitt did not hold a position in any stock mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 F-Rated Stocks to Sell for Summer * 7 Stocks to Buy for the Same Price as Beyond Meat * 7 Penny Marijuana Stocks That Are NOT Cheap Stocks The post 3 Consumer Stocks Loading up on Marijuana appeared first on InvestorPlace.

  • Is Molson Coors (TAP) a Suitable Stock for Value Investors?
    Zacks17 days ago

    Is Molson Coors (TAP) a Suitable Stock for Value Investors?

    Let's see if Molson Coors Brewing Company (TAP) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.

  • Beer drinking 'isn't dead': Corona maker CEO
    Yahoo Finance18 days ago

    Beer drinking 'isn't dead': Corona maker CEO

    Beer buying is alive and well at Corona-maker Constellation Brands.

  • GuruFocus.com20 days ago

    Stocks That Fell to 3-Year Lows in the Week of June 28

    Bristol-Myers Squibb Company (BMY), UBS Group AG, Kellogg Co. and Molson Coors Brewing Co. have declined to their respective 3-year lows

  • Benzinga21 days ago

    Meet The 3 Biggest Industries Investing In Cannabis

    Some of the biggest companies in the world are poised to profit from legalization. Meet the biggest non-weed companies investing in cannabis. With legalization in full-swing in six states and new legislation ...

  • Cannabis Beverages May Not Give the High HEXO and Molson Coors Are Looking For
    Motley Fool22 days ago

    Cannabis Beverages May Not Give the High HEXO and Molson Coors Are Looking For

    Regulations may cause cannabis-infused beverages to be little better than bong water.

  • GlobeNewswire22 days ago

    Bragar Eagel & Squire, P.C. is Investigating Certain Officers and Directors of American Renal Associates, Molson Coors, and Orion Group Holdings and Encourages Investors to Contact the Firm

    Bragar Eagel & Squire, P.C. is investigating potential claims against certain officers and directors of American Renal Associates, Inc., Molson Coors Brewing Company, and Orion Group Holdings. On March 8, 2019, American Renal Associates announced it would delay the filing if its earnings report for the fiscal year ended December 31, 2018 as it continues to examine reserve computations and other accounting practices that may have an impact on the company’s accounts receivable and revenue for fiscal year 2018, as well as previously reported fiscal years from 2014 to 2017.

  • GlobeNewswire24 days ago

    Shareholder Alert: Molson Coors Investors - Kehoe Law Firm, P.C. Continues Its Investigation of Potential Claims on Behalf of Investors of Molson Coors Brewing Company - TAP

    Kehoe Law Firm, P.C. is investigating potential claims on behalf of investors of Molson Coors Brewing Company (“Molson Coors” or “the Company”) (NYSE: TAP). Shareholders of Molson Coors are advised to contact either John Kehoe, Esq., (215) 792-6676, Ext. 801, jkehoe@kehoelawfirm.com or Michael Yarnoff, Esq., (215) 792-6676, Ext. 804, myarnoff@kehoelawfirm.com, info@kehoelawfirm.com.

  • Why Are Beverage Companies Interested In Cannabis?
    Investopedia24 days ago

    Why Are Beverage Companies Interested In Cannabis?

    Beer makers and beverage giants are investing in and infusing their products with cannibis chemicals to fashion new products. Why?