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Huge Opportunities Booming for Cannabis Infused Products as Canada's Legalization Nears - Seite 3

Hexo Corp. (OTCPK:HYYDF) (TSX:HEXO) has bolstered its leadership team by appointing Nick Davies as vice-president of marketing and Dominique Jones as vice-president of human resources. "I am pleased to welcome Nick and Dominique to our world-class leadership team," said Hexo's chief executive officer and co-founder, Sebastien St-Louis. "Together, they have decades of experience in their given fields and will be instrumental as we execute our business plan and continue expanding throughout Canada, and beyond." Mr. Davies is an accomplished marketing executive with over two decades of experience building trusted global brands and market-leading products. Having worked with Puma, Coleman, Virgin and Corel, Mr. Davies has earned a reputation as an energetic marketing leader known for building high-quality consumer experiences. As executive vice-president at Corel, he held global profit and loss responsibility for the graphics and productivity division, and led the company's expansion into new international markets. Mr. Davies is a graduate of the European Business School and holds an MBA from INSEAD.

In additional news about Cannabis and the Beverage markets: 

Constellation Brands (NYSE:STZ) (NYSE:STZB), a leading beverage alcohol company, and Canopy Growth Corporation (TSX:WEED.TO) (NYSE:CGC), a leading diversified cannabis company (together, the "Companies"), last month announced a significant expansion of their strategic partnership to position Canopy Growth as the global leader in cannabis production, branding, intellectual property and retailing. Constellation Brands will increase its ownership interest in Canopy Growth by acquiring 104.5 million shares directly from Canopy Growth, thereby achieving approximately 38 percent ownership when assuming exercise of the existing Constellation warrants. Constellation Brands is acquiring the new shares at a price of C$48.60 per share, which is a 37.9 percent premium to Canopy's 5-day volume weighted average price of the common shares on the Toronto Stock Exchange ("VWAP"), and a 51.2 percent premium to the closing price on August 14, 2018. Constellation will also receive additional warrants of Canopy that, if exercised, would provide for at least an additional $4.5 billion CAD to Canopy Growth.