True Pundit

Business Science

Cannabis Cocktails? Constellation Sees Opening as Pot Laws Ease

Constellation Brands Inc., the alcohol giant that sells Corona beer and Svedka vodka, is considering a new approach to livening up its beverages: marijuana.

“We’re looking at it,” Constellation Chief Executive Officer Rob Sands said in an interview. “There are going to be alcoholic beverages that will also contain cannabis.”

The legalization of marijuana across much of the U.S. — spurred by election-night victories on Tuesday — is creating a huge new market for legal weed. Voters approved marijuana for recreational use in California, Maine, Massachusetts and Nevada. That brings the tally of states with legal pot to eight, plus Washington, D.C., meaning one in five American adults now lives in an area where it will be legal to get high. – READ MORE