Constellation Brands

Constellation Brands in its strategic investment and minority stake in Canopy Growth Corporation

Client

Constellation Brands

Value

$245 million

Service

Mergers and Acquisitions

Date Closed

November 2017

Lead Office

Toronto


 

On November 2, 2017, Constellation Brands closed its previously announced acquisition of a minority stake in Canopy Growth Corporation. The investment of $245 million represents a minority ownership interest of 9.9% of Canopy Growth.

Constellation Brands is a Fortune 500 company and a leading, international producer and marketer of beer, wine and spirits with operations in the U.S., Mexico, New Zealand, Italy and Canada. 

Canopy Growth is a leading diversified cannabis company based in Smiths Falls, Ontario, Canada.

Osler, Hoskin & Harcourt LLP represented Constellation Brands with a team led by Manny Pressman and including Jay Greenspoon, Arlene Mack, Justin Sherman, Douglas Dawson, Charlie Zilvytis (Corporate); Mark Austin (Regulatory/Health); Lee Webster (IP); Matias Milet (Tax).


Team
Emmanuel  Pressman
Key Contact

Emmanuel Pressman

Partner, Chair, Corporate

Jay Greenspoon

Jay Greenspoon

Associate, Corporate

Arlene Mack

Arlene Mack

Associate, Corporate

Justin Sherman

Justin Sherman

Associate, Corporate

Douglass Dawson

Douglass Dawson

Associate, Corporate

Charlie Zilvytis

Charlie Zilvytis

Associate, Corporate

Mark  Austin

Mark Austin

Partner, Commercial

W. Lee  Webster

W. Lee Webster

Partner, Intellectual Property

Matias  Milet

Matias Milet

Partner, Taxation