Retail

Canopy says Constellation helping bring CBD-infused drink to U.S. stores

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Canopy Growth on Tuesday began U.S. online sales of Quatreau, the Canadian cannabis producer’s CBD-infused sparkling water.

Canopy CEO David Klein in an interview on CNBC said the company would leverage its relationship with Constellation Brands, the beer, wine, and spirits producer with a nearly 40% stake in the company, to manage the distribution to retailers.

“These are guys that are out on the street … think everywhere that you see Corona or Modelo. They have the ability to bring our BioSteel brand [to market],” said Klein, who appeared on “Mad Money” Tuesday. “You’ll see us try to really tap into that more and more over time with our Quatreau CBD drinks, and ultimately our…



Source cnbc.com

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