Forgotten in the cannabis crash is how the industry is a Canadian success story [Globe and Mail, The (Toronto, Canada)]
Constellation Brands, Inc. (STZ)
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Source: Globe and Mail, The
A flag with a cannabis leaf is held on Parliament Hill in Ottawa, on April 20, 2016. CHRIS ROUSSAKIS/AFP/Getty Images Log in or create a free account to listen to this article. Ben Kaplan is the author of Catch a Fire: The Blaze and Bust of the Canadian Cannabis Industry , out Jan. 14 on Dundurn Press. Forgotten in the midst of the 2020 cannabis stock market meltdown is the production, employment and real estate boom that emerged from the end of marijuana prohibition in Canada. When the government acted boldly to legalize recreational cannabis on Oct. 17, 2018, Canadian entrepreneurs steered 16 homegrown startups to valuations of more than $1-billion each. These companies spent hundreds of millions of dollars around the world (but mostly in Canada) to build greenhouses, lighting systems, million-dollar cannabis-storage vaults, and grew thousands of tonnes of a hot new agricultural product. Canada, it's been said, doesn't make stuff any more. Labour productivity in construction
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STZ
Earnings
- 10/4/24 - Miss
STZ
Sec Filings
- 12/3/24 - Form 8-K
- 11/22/24 - Form 4
- 11/22/24 - Form 4
- STZ's page on the SEC website