Constellation Brands

Constellation Brands CFO Named New CEO of Canopy Growth

Constellation Brands CFO Named New CEO of Canopy Growth

Canadian Cannabis company Canopy Growth Corporation announced today the appointment of David Klein as CEO, effective January 14, 2020. Meanwhile, Constellation Brands has named Garth Hankinson as Klein’s replacement.

Constellation Brands to Sell Ballast Point to Small Chicagoland Brewer Kings & Convicts

Constellation Brands to Sell Ballast Point to Small Chicagoland Brewer Kings & Convicts

Four years after paying $1 billion for Ballast Point Brewing Company, Constellation Brands today threw in the towel on its big craft bet, announcing an agreement to sell the San Diego craft beer brand along with “a number of its associated production facilities and brewpubs” to Kings & Convicts, a little-known Chicagoland craft brewing company.

White Claw Maker Ups Production Facility Investments to $385 Million

White Claw Maker Ups Production Facility Investments to $385 Million

White Claw maker Mark Anthony Brands plans to spend $385 million — $135 million more than the previously projected $250 million — to build production facilities in New Jersey and at a still-undisclosed location in the western United States, founder and CEO Anthony von Mandl shared during the Beer Insights Seminar conference in New York on Monday.

People Moves: Constellation Brands Promotes Mallika Monteiro Again; Ceria Beverages Names VP of Business Development

People Moves: Constellation Brands Promotes Mallika Monteiro Again; Ceria Beverages Names VP of Business Development

Constellation Brands has once again promoted Mallika Monteiro. Last Friday, the New York-headquartered maker of Mexican import brands Corona, Modelo and Pacifico appointed Monteiro as executive vice president and chief growth and strategy officer. Meanwhile, Ceria Beverages, which makes THC-infused, non-alcoholic beers, has appointed Greg Miller as its first vice president of business development.