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Beer maker Constellation ups bet on cannabis with $4 billion investment in Canopy Growth

The maker of Corona and Modelo beer raises its stake in the Canadian cannabis producer to 38 percent from 9.9 percent. Canopy Growth CEO Bruce Linton says he optimistic about cannabis-infused beverages and sleep aids. Constellation is not planning to sell a drinkable cannabis product in the U.S. before legalization happens across the nation, but it may begin doing so in Canada next year.