CGC, STZ: U.S. Cannabis Market To Be Worth Over $50B By 2026

If cannabis becomes federally legal there is going to be more demand for it, says George Tsilis. He joins Alex Coffey and Ben Lichtenstein to discuss Canopy Growth (CGC) and Constellation Brands (STZ). They talk about how the CEO of CGC says that the U.S. cannabis market is going to be worth more than $50B by 2026. They also note that CGC is going to consolidate U.S. assets into a holding company called "Canopy USA." They then go over how STZ is to convert its common stock holding CGC. Tune in to find out more about the stock market today.

Next Gen Investing

25 Oct 2022

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