2 Non-Pot Stocks That Invested More in the Cannabis Industry This Year

David Jagielski, The Motley Fool

7 August 2020 at 8:06 am·4-min read

2 Non-Pot Stocks That Invested More in the Cannabis Industry This Year

Below are two companies that not only have investments in the cannabis industry, but have increased their stakes this year. Constellation Brands (NYSE: STZ) first dipped its toes into the cannabis industry in 2017 when it announced a strategic relationship with Canopy Growth (NYSE: CGC). The Canadian-based pot producer was then the clear industry leader, and the partnership gave Constellation a 9.9% stake in the company for 245 million Canadian dollars.

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