Alcohol beverage giant Constellation eyes cannabis
The giant beverage company that owns Corona beer and Svedka vodka is considering entering the cannabis industry via MJ-laced libations, a sign that other big players in the alcohol business may eye cannabis as an opportunity rather than a threat.
Constellation Brands CEO Rob Sands confirmed in an interview with Bloomberg that his corporation is “looking at” the marijuana trade. “There are going to be alcoholic beverages that will also contain cannabis,” he observed.
Sands added that it only makes sense for companies like his to get into a market that is expected to rival the salty snacks sector in