35 Burst results for "Constellation brands"

"constellation brands" Discussed on MAD MONEY W/ JIM CRAMER

MAD MONEY W/ JIM CRAMER

05:21 min | 4 months ago

"constellation brands" Discussed on MAD MONEY W/ JIM CRAMER

"As the pandemic makes a horrifying comeback across the Sunbelt Bell, we go back to the kind of stocks work during the first big outbreak in March and April for example, the states gradually going back into lockdown the package food place. They're back now. Just today we got from General Mills and iconic household name and a member of the Kramer covid Nineteen Index Company posted great quarter, resounding, top and bottom. Bottom line be twenty percents sales well, but because madman was a bit circumspect about the future who wouldn't be and didn't bring as much to the sales of the sales down to the bottom line. We'll start cutting the just a hair. What was that a mistake? Let's dig deeper with Jeff Harmony. He's the chairman seal general mills who were about the quarter and his company's Prospects Jeff welcome money. Thanks for having me really enjoy being here. I said Jeff Fire Company for. Thirty years I'm going to give I WANNA. Do a do over here I. Think Anybody it gains or hold share in nine out of ten of their products who accelerates organic sales who I think has come through and be able to produce without any supply chain problems is a hero, and the stock is inexpensive so I'm it to you to say tell me that I'm wrong. I'm not going to tell you that you're you're wrong. We a good year going into the fourth quarter, going into the pandemic especially, North America retail business and Blue Buffalo, which are pet food businesses, growing at double digits, and obviously a during the last three months business really accelerated through strong execution, as you say not ten categories of share growth in the US, all of our categories, growing share in Europe six out of seven categories growing share in Brazil, so as a really good quarter built on the back of three good horrors before that. Well Jeff! I know that you had balance-sheet concerns at one point. That you had to address. You're out. You're operating cash flow which I don't think anyone focused on the call was magnificent, and your leverage is so much better than it was a couple years ago. That's the thing I. Think I'm most proud of that. I'm not sure people fully appreciate. We tried to get to a net to ratio of three and a half. Times by the end of this year we got all the way down to three point two times net debts Ebitda which brings us that much closer to get back to our normal capital allocation and our first priority there when we get two to three times net debt, the Dow will be growing dividend again and so it really is a big deal. Yes, our our our earnings. Our cash flow is even better than earnings and we're really proud of that. 'cause I always is the ultimate dividend growth stock and I think it's GonNa. Come back and now do that. Let's talk about something else that. I thought it was magnificent of blue. This was an acquisition that initially be will say we'll. Maybe there's an overpay, but you have thirteen point three percent household penetration. You've got all channels going by candidates. We buy it through Chewy. But this is this is turned into an acquisition that is really taking share from a lot of other companies. It's been a great acquisition for General Mills, and it's been a great acquisition for our shareholders, and all the pet parents in is every blue buffalo everything we thought it would be. We've grown a double digits two years in a row including eighteen percent organic sales growth this year we are growing share in the business and we've got some great innovation lined up for next year, and so people treat their pets like family and we've been feeding food. Food to families, one hundred and fifty years, and now we're just feeding into furry members of family and so blue buffalo is everything. You thought it would be two years ago when we buy it. When we bought the business when people at home, they do two things. They have breakfast at home. They have cereal, Cheerios, or something like it, and it means suddenly that they cook a Betty Crocker and Pillsbury so both breakfast and dinner are growing nicely. You going really well. This year is our third consecutive year of sales growth in in breakfast cereal this last quarter zero grew twenty six percent. And, so we had a good run on cereal, and even a better around this last quarter. As you say, people rediscovered that the kitchen is the heart of the home, and that's good news for Betty Crocker in Pillsbury. We have two of the top five food websites in the US, on traffic on those is up. One hundred percent as people are trying to figure out what. What what to do with these new products, they have in their houses, so it's been a really good run for for baking are meals businesses last word so talk to me about a just in general I mean for instance candidate had been dragged. Don't up some international, because looks like the international is another thing. I think we were getting upset about now. It's pretty good. It is good especially. Our Business in Europe turned around in the fourth quarter. We are the third fastest growing CPG Company and food in Europe. During the quarter I. We grew on our yogurt business. We grew share on our bars. Business Paso haagen-dazs, double digits, and in in Brazil we grew double digits in the last quarter, and so it's been. It's been a really good business. The only parts of our business that struggle in the fourth order or some of our food service business, both here in the US and. China, but even there in the US we took share, and so while we were down twenty eight percent in our food service business, the sector as a whole is down far more than that, so we competed really effectively even there yet all these good and but we gotta go over something else. At the top of your call, you did something that no one else has done. You mentioned the name George Floyd you mentioned to her fluids named twice. You mentioned black lives matter not just that we have to help minorities..

US General Mills Europe Blue Buffalo Betty Crocker Pillsbury Brazil Jeff Harmony Jeff Fire Company Nineteen Index Company Jeff chairman George Floyd CPG Company China North America
Liquor and beer sales are up amid virus shutdown of bars, pubs

AP News Radio

00:32 sec | 7 months ago

Liquor and beer sales are up amid virus shutdown of bars, pubs

"Money once spent on booze in restaurants and bars is going to beer and wine consumed at home according to a regulatory filing by constellation brands the maker of among other things corona beer cities from San Francisco to New York and shut down the places where people gathered at best allowing takeout orders for alcohol meant to be consumed outside of bars or restaurants spiked by thirty percent over the past four weeks at constellation brands which also makes Robert Mondavi wines and cast the noble tequila among other drinks I'm Julie Walker

Constellation Brands San Francisco New York Julie Walker Robert Mondavi
Mexico border referendum cancels massive Corona brewery

KCBS 24 Hour News

00:26 sec | 7 months ago

Mexico border referendum cancels massive Corona brewery

"Constellation brands the company that brews corona beer has taken another blow after the Mexican government announced it won't allow a massive brewery to open on the border the interior department officials say the government won't grant operating permits for the plant which is about two thirds built it comes after residents rejected it in a referendum constellation brands had already suffered when sales of corona beer fell due to confusion with the name widely used for the current

Constellation Brands Mexican Government
No, the Corona Virus Did Not Sink Sales of Corona Beer

Business Wars Daily

04:00 min | 8 months ago

No, the Corona Virus Did Not Sink Sales of Corona Beer

"From wondering I'm David Brown and this business wars daily on this Tuesday march tenth. Wow It's been a long few weeks as anxiety's been mounting over this corona virus no surprise that the viruses hit many businesses especially those with global supply chains in companies that sell rely on travel. But there's one company hit hard because of branding. Yes you guessed it that would be corona the maker of beer and hard seltzer. It's sales slowed tremendously because many Americans. It seems are confused about the association between the beer and the virus. Oh Com on. They are not the last couple of weeks. Misleading story went viral. It implied that Americans are so dumb. That many of us believe the beer can cause the virus that message spread by a certain less than honest public relations firm seemed to indicate that sixteen percent of us are confused about the relationship between corona the beer and corona the disease. That's killing people. It also implied that Krona's beer sales had fallen because of the virus. The story was so convincing that many major news outlets picked it up including CNN. The New York Post and vice among others not surprisingly twitter went Gaga over this story. None of it's true. Let's talk for a minute about the difference between correlation and causation. Shall we correlation means? Two things are happening Ed once but may have little to do with each other causation. Means well okay you get it. This is key to what happened. So a firm called Five W. P. R. published a poll of more than seven hundred Americans. That poll asked questions about the corona virus and about corona the brand one of the findings. According to this firm. Thirty eight percent of those polled said they would not by corona beer under any circumstances now as a writer for the Atlantic noted the PR firm then went on to state without proof. The reason these respondents won't buy corona is because of the virus not so in fact many or even all of those thirty eight percent may not have been corona drinkers to begin with as was reported in the Atlantic. They might not by corona regardless. But that's not how the PR firm chose to sell it in fact that firm trumpeted the so-called finding saying who would want to go into a bar right now in order corona well in in fact corona sales have fallen. That's in part because sales of many beer brands are down in China at a time. When beer sales usually climb we're talking about the lunar brew year a New Year Abn Bev which distributes corona outside of the US forecast day ten percent decline in sales in China because people are staying home. That's according to the fact. Checking website slopes so that particular sales declined does appear to be a corona virus effect. Just not related to the name of corona beer. What got much less play as a statement from Constellation brands which distributes corona inside the US in America Constellation said. Sales grew five percent in the four weeks that ended February sixteenth. That's double the sales trend for the last year. Snoops reported constellation clearly felt it was necessary to correct the wild misconceptions in a press. Release the firm stated that its customers quoting here understand. There's no link between the virus in our business. Exactly giving constellation brands even more headaches. However was the unfortunate coincidence between its long planned on brand marketing campaign for hard seltzer and the growth of corona virus. Constellation is spending forty million dollars on a marketing campaign to launch. Its New Corona Hard Seltzer in North America according to industry publication food

Corona Corona Hard Seltzer Constellation Constellation Brands United States David Brown Seltzer Atlantic CNN China Krona Twitter North America The New York Post Writer Snoops W. P. R. America
Corona beer maker says sales remain strong despite virus outbreak

Sean Hannity

00:18 sec | 8 months ago

Corona beer maker says sales remain strong despite virus outbreak

"Go ahead grab that corona beer that is brewed constellation brands has talked of the virus outbreak is affecting sales of corona beer is unfounded and that sales are rising earlier reports cited an increase in online searches for corona beer virus Larry Kaski

Constellation Brands Larry Kaski
Coronavirus Is Not The 'Corona Beer Virus'

This Morning with Gordon Deal

00:58 sec | 9 months ago

Coronavirus Is Not The 'Corona Beer Virus'

"Brands that happen to have some associations to the word coronavirus are finding themselves issuing on usual clarifications these days Google says that searches for coronavirus beer and beer virus have spike sharply over the past couple weeks the Wall Street journal says the owner of corona beer constellation brands has been forced to express confidence in their customers ability to tell the difference between imported Mexican beers and the virus at the other end of the spectrum by the way is the disinfectant debt hole which is flying off the shelves after social media users discover language on its label asserting efficacy against corona viruses manufacture has clarified that debt hall has been tested against corona viruses but not the strain that emerged from Wuhan China meanwhile the death toll owner Reckitt Benckiser donated seven million dollars of cash and antibacterial products to help fight the spread

Google Wall Street Journal Constellation Brands Debt Hall Wuhan China Reckitt Benckiser
Corona beer shrugs off misinformation on coronavirus

Wayne Cabot and Paul Murnane

00:37 sec | 9 months ago

Corona beer shrugs off misinformation on coronavirus

"Center health news making news is not even news really in this case because it's the corona beer virus there is no such thing Tamara beers brushing off misinformation about the viral outbreak in China Google searches for corona virus along with terms like beer virus actually spiking a spokesperson for constellation brands tells CBS news companies not to worry about getting a bad rap for Peroni says consumers buy a large understand there's no link between the beer and the virus have you been seeing pictures on your social media feed of people holding corona beer and saying they're getting the corona virus yeah I was holding a live next to it all I've only seen it about fifteen times now the joke is one way past tell it never

Constellation Brands Peroni Tamara China CBS
"constellation brands" Discussed on MAD MONEY W/ JIM CRAMER

MAD MONEY W/ JIM CRAMER

04:50 min | 10 months ago

"constellation brands" Discussed on MAD MONEY W/ JIM CRAMER

"Crave Balkan money. Welcome Mark Cuban. My friends. I'm just trying to make some money by job is not just to entertain but teach educate coach calling one eight hundred seven three. CBC Or tweet consumer. What are you look at your resilience or complacency the averages staging huge rally last night's moment of crisis when Iran launched ballistic missiles at Iraqi airbases housing? US troops and no Americans were hurt. I'm marvel this markets ability to overcome even the toughest of obstacles Dow gaining one hundred sixty one points espy climbing point. Four nine percent Nasdaq four. Point six seventy although it was higher near other the say about an hour for close so is this book being resilient as or our investors being being complacent why not both yeah. That's what I think is it's a combination of these two forces and I think they've taken control i. Let's cover complacency. A few few days of the United States ordered the killing of extremely bad guy and Iranian gentle who've been the major architect of state-sponsored terrorism in the region. Now I'm not here to litigate whether or not that was not Michael. What matters to the stock market is that most commentators immediately assumed it meant we were headed for war with Iran? Do Not Pass Go. Do not collect two hundred dollars. There's took it as a given that. Both sides would keep escalating until all out. War became inevitable the price of oil oil and Gold Sore. We saw investors by ways of put options betting on a monster sell off but at the same time the stock market pretty much ignore though fractious evil. It became obvious the retaliation was imminent. Iran finally struck back last night when the market was closed they want more than a dozen ballistic missiles at air basis interacted house. US troops and the overnight a futures plummeted five hundred Dow points now and actually you know the president tweeted. It looks like there were no American casualties. And all was as well you can see the future star rally. Then a Boeing seven thirty-seven non maps from Tehran crashed after takeoff and the second wave of fear swept the market. But we're no. Further attacks came when the Iranian government tweeted that their message of revenge has been sent the overnight futures reversed the Pajama traders who sent the markets down to percents reveal to be just plain wrong. I've been telling you a week. de-escalation was always on the table. And that's exactly what both sides seem to be doing the scaremongering needed. Did you use disservice by playing down that possibility. Things only got worse for the bears when we got the the kind of Bush numbers that just finally staying the course but outright buying stock complacent going to the Iran crisis that complacency paid off when the president demonstrated restraint baffling his critics who simply can't conceive of Donald Trump with an olive branch instead of Zucca however such de-escalation was Asian that induce short squeeze that that was part of it but that was the bigger. We've got some genuinely good news. From individual companies as well Samak when formation mation and that helps explain the markets disease. Why don't we take them down our first? AP That's the nation's largest payroll processor. They should more than two thousand jobs created last month and its latest survey. Okay well any piece not the ultimate arbiter here. That's the Labor Department's nonfarm payroll figure that comes out through Friday. It showed that the Fed's cuts they're working. We also know the cuts working working because lenore gigantic homebuilder Elian reported today. Every single item was most important new orders up twenty three percent even better management told us to California California one fifth of the country but even large percentage of NASA's housing market has bottomed. It's been a lot of trouble that they're just numbers peaked. Little while ago. Now it's recovering that's all about J.. Pals rate cuts working their magic third. We got the same store sales number from macy's with remember not not as bad as feared the company use. Here's a close underperforming stores trimming its footprint to slept with mostly good stores and high quality are knows A or B malls. This smart strategy should have done a while ago just reminded that we could see he some much. Better numbers from retailers including Nordstrom perhaps home depot between the strength and the strength of the basis. I've got to believe that the housing-related chain chain can reverse its recent underperformance and enter the bell tonight Costco nine percent same sources. Nine percent of they did mazing ECOMMERCE afterthought for them. Well I gotta go to Costco someone. tweeded Kirkland has great locks doors curtain fourth catch been roaring or week but we needed some reinforcements forced to keep the ball rolling. And that's exactly what we got from Apple Apple holiday sales specifically cover lead some.

Iran United States Costco president Mark Cuban Nordstrom Dow California Fed macy Apple Michael Donald Trump Tehran lenore Labor Department NASA Kirkland
U.S. Private Sector Job Growth Exceeds Estimates In December

10 10 WINS 24 Hour News

00:36 sec | 10 months ago

U.S. Private Sector Job Growth Exceeds Estimates In December

"Economists surveyed by Bloomberg estimating a hundred sixty thousand jobs added in December up from the disappointing sixty seven thousand jobs created in November that one was a big mess now the eighty P. job count comes ahead of Friday's more closely watched labor department payrolls report there are some earnings to watch this morning as the parent of Walgreens and Duane Reade will open its books along with home builder Lenora liquor company constellation brands and after the initial shock wore off stock futures recovering from the solo following the Iranian missile attack on U. S. basis S. and P. futures they're positive by seven nasdaq ahead sixteen Dow futures are down but only

Bloomberg Walgreens Duane Reade Constellation Brands Lenora Liquor Company
Market News: Constellation Brands, Apple

WBBM Late Morning News

00:44 sec | 1 year ago

Market News: Constellation Brands, Apple

"Business has been good at the u._s. company that imports corona and modell oh beer constellation brands says the only black mark on its quarter was a loss it took from its investment in the cannabis company canopy growth constellation is a star stock in what's so far kind of a so so day on wall street apple share sliding more than one percent after report in the wall street journal that the company will make its new mac pro computer in china that was the last major device from apple that was still assembled in the u._s. the journal reports apple is working with quanta computer to make the desktop computer at a factory near shanghai that factory is close to other apple suppliers across asia and so doing the sembler there will cost apple less to ship

Constellation Brands Wall Street Journal MAC China Apple Quanta Computer Shanghai Asia Cannabis One Percent
Why Doesn't Alcohol Have Nutrition Labels?

BrainStuff

05:30 min | 1 year ago

Why Doesn't Alcohol Have Nutrition Labels?

"Today's episode is brought to you by Oregon. You know, when something goes wrong at home, and you just freak out, I have definitely had my moments especially when it comes to pests ants in the mirror. Nara, cockroaches hanging out around your bubble bath and uninvited rat, a your daughter's birthday party. Don't let pests ruin the moment, get an organ tech out to your house tomorrow. Bill, protect your time and your temper. Visit organ dot com slash brain to save fifty dollars on your first general pest service with the promo code pod. Fifty. That's P, O, D, five zero Orkan home is where the bugs aren't. Welcome to brain stuff production of iheartradio. Hey, brain stuff. Lauren Vogel, bam here if you feel like you can't even consider consuming a candy bar without being confronted with its chlorine content. You're right. The same thing goes for just about every piece of packaged food you see in stores, plus every bottled canned or carton beverage a nutrition facts label depicts detailed info on the amounts of fat sugar. Sodium and more found inside. But while your favorite breakfast, cereals sodas and sandwich fixings are subject. This type of in-your-face transparency, you may have noticed that booze is typically off the hook residing behind fact labels. So what gives the answer lies in the powers that be while the food and Drug administration or FDA regulates the safety of you guessed it food, including non alcoholic beverages? It doesn't govern the alcohol industry that honor belongs to the alcohol and tobacco tax and trade bureau or TB an agency that doesn't require labeling while beer wine and spirits companies aren't league. Alie mandated to print, the nutritional info on their products. Consumer advocates have been calling for the TB to change that. And it has sort of in twenty thirteen the agency made nutrition labels optional for alcohol, but somehow, experts don't feel the move was bold enough Johns Hopkins public health researcher Sarah Blake told vox in two thousand fifteen many adults take in a tremendous amount of calories from alcohol, and they have no idea. She should know her work revealed that the average American regularly consumes four hundred calories a day from alcohol alone. A pint of PA contains about two hundred fifty calories a glass of red wine has about one hundred twenty five and a shot of liquor has about one hundred. The reasons behind the disparity in label requirements between the FDA and t t b goes back to prohibition when the ban on the production and distribution of alcohol in America came to an end congress passed the alcohol administration act of nineteen thirty five which eventually led to the establishment of the t b but its rules around labeling have historically been a bit. Messy substances. The people might be sensitive to, like, sulfites have to be labelled, but other ingredients, do not wines, contain fourteen percent, alcohol, or more have to display alcohol content while wines from seven to fourteen percent. Don't have to list, alcohol content, if they're considered light or table. Oh and wines with less than seven percent alcohol. Those aren't regulated by the TB at all. Those are under the jurisdiction of the FDA, and so they're required to display nutrition facts. Labels confusing. Isn't it? A few brands corona light, Guinness Heineken, and course, light do put calories and some nutrition information though. Not the ingredients on their bottles, or packaging, but it's typically very small print or hard to find you might even have to look on the bottom of the six pack to find it who looks their Bud Light on the other hand began voluntarily including obvious, leibels listing its beers calories fat carbohydrates and protein per serving, as well as other ingredients in February of two thousand nineteen since then and Heiser Bush's added similar labeling to some of its other Bud Light line beers, including Bud Light lime, Bud Light orange, and Bud Light lemon tea change is brewing though. At least in the beer industry industry leaders, including Anheuser Busch Miller Coors, Heineken USA constellation brand beer, division, North American breweries and craft brew lions which together produce more than eighty one percent of the volume of beer, sold in the United States have agreed to voluntarily displayed nutrition facts by twenty twenty. Today's episode was by Michelle Constantinople ski and produced by Tyler clang brain stuff is a production of iheartradio's. How stuff works ruinous lots of other well labeled topics. Visit our home planet has two forks dot com and for more podcasts from my heart radio, visit the iheartradio app, apple podcasts, wherever you listen to your favorite shows. This week on ephemeral. You do the math. I think they're two million plus spreads of our work in the collection. I don't even think about brain can hold them. Any emphasis tough to comprehend it. And we got four thousand every year I didn't really as much. To intellectual passions as a teenager, and they were crossed puzzles, and chess. So I thought I would love to be able to be a Professional Chess player or cross greater for a living. I tried chest but by age fifteen or so was clear. I was not going to be the next Bobby Fisher. So I thought, well, okay. Maybe, maybe I'll be the Bobby Fisher us. Listen to now apple podcasts, the iheartradio app or wherever you listen to podcasts. And learn more at a federal dot show.

Food And Drug Administration Bud Light TB Iheartradio Bobby Fisher Apple Oregon Bill Guinness Heineken Lauren Vogel Chess Orkan Johns Hopkins Sarah Blake Anheuser Busch Miller Coors Michelle Constantinople Heiser Bush America United States
Canada, Constellation Brands And San Francisco discussed on CNBC's Fast Money

CNBC's Fast Money

01:19 min | 1 year ago

Canada, Constellation Brands And San Francisco discussed on CNBC's Fast Money

"Canopy growth. Somebody could turn their phones. Thank you. Dan, one of the hottest spot stocks this year up more than sixty percent just yesterday. Got the approval from shareholders to acquire cannabis company acreage holdings win the US legalizes marijuana. And we are expecting canopy to report earnings at any moment. So let's go to a D ROY in San Francisco with more on what to expect too easy. A lot of anticipation that that's right. Melissa investors will be looking closely a canopies top line growth, but also for any color on its production capacity and its ability to meet demand. The Canadian market has been dealing with shortages and companies have struggled to scale up Cowan's this canopy is the market leader in the country with twenty percent market share. But the Canadian legal market expected to reach just under a billion dollars. This year is still relatively small, for instance, a legal market in California, is expected to reach three billion or just under three billion this year. So investors will also be looking for any numbers on canopies revenues in countries outside Canada by the end of the air. Canada's market will be also expanding to things like edibles and beverages. So we'll be looking for any guidance on how can it be plans to meet that demand and also address some of the regulations, which were just released on things like packaging and dosing of those items? Investors will also be looking to see if canopy will leverage its partnership with constellation brands for products in this category.

Canada Constellation Brands San Francisco Cannabis Cowan DAN D Roy Marijuana United States California Billion Dollars Twenty Percent Sixty Percent
Coca Cola, Warren Buffett And Charlie Munger discussed on Brett Winterble

Brett Winterble

02:54 min | 1 year ago

Coca Cola, Warren Buffett And Charlie Munger discussed on Brett Winterble

"Weekend in Omaha Nebraska is the annual Berkshire Hathaway shareholders meeting and Charlie Munger and Warren Buffett were making their ways around talk at a variety of folks, Warren Buffett, he's a Jain Norma's democrat. I know I know so Charlie monger, I don't care about that. But I talking about the politics of the business of this. He also loves Coca Cola. He drinks about five cans of coca day, Warren Buffett. All right. His company is the largest shareholder of Coca Cola with a ten percent stake worth nineteen and a half billion dollars. So when he's talking about Coca Cola, and he's making comments about Coca Cola. He's making comments about Coca Cola and the management of Coca Cola is paying close attention because he's a big customer. He's big shareholder. So they asked him FOX businesses Liz, claiming said to Warren Buffett, what do you think about the idea that Coca Cola is thinking about diversifying into cannabis products? Either a CD concoction THC concoctions any of that sort of stuff. What do you think about Coca Cola getting involved in the marijuana business? They said it would be bad news Munger and Buffett said it would be bad news for the brand that the brand has a wholesome image. And that it would be detrimental sheep. She pushed a little further. He he didn't indicate that he would sell Coca Cola. He wouldn't dump his his his stake in Coca Cola. But he did say to Liz claiming I think everybody who knows what Coca Cola is. It has one hundred percent brand recognition around the world and all two hundred countries or whatever it is. Everybody knows what a Coca Cola is what coke is. It would it would be deleterious to that. Now all this goes back to the September report that coke had its eye on entering the cannabis space after constellation brands and Molson Coors announced their own investments in that industry. Then a month later Coca Cola dismissed it. They said they were not in talks or they were thinking about getting in talks with Aurora cannabis to produce a CBD infused beverage executives Coca-Cola said the company does not plan on getting into that space. Coca-cola could be missing out on a huge opportunity, by the way because that market in the US alone is expected to explode from one billion to sixteen billion in the next six years the market for for cannabis. It's already rapidly expanding. So that's an interesting question and an interesting dilemma. Bear in mind. Charlie Munger ninety five years old and Buffet's not that far behind him. These are these are not spring chickens, and they grew up at a time when when the grass was the grass was in what you

Coca Cola Warren Buffett Charlie Munger Cannabis Charlie Monger Coke LIZ Berkshire Hathaway Omaha Nebraska Jain Norma Molson Coors Constellation Brands Buffet United States Marijuana FOX One Hundred Percent Ninety Five Years Billion Dollars
"constellation brands" Discussed on MAD MONEY W/ JIM CRAMER

MAD MONEY W/ JIM CRAMER

02:48 min | 1 year ago

"constellation brands" Discussed on MAD MONEY W/ JIM CRAMER

"We believe we're position to win on all of those fronts. No matter what the consumer chooses to do. Okay. You know, what you know got a gal. Now, of course, that's obviously anecdotal. But the millennials are in love with with the Medella on tap. Okay. The especially Al and they can't get enough Pacifico. Did you guys should pivot? Right. Is that luck? What happened there? You know? That's what the money was drinking it. So stupid beers. Well, this past year is the first year we really did national advertising for Pacific L, and we've got double digit growth outside the core. Home market of California. So Pacific goes and up and coming brand for us is you know, it's hot and it's hot with a younger consumer. So we're really excited about it. And then you think about the successive premier that. We had this year it focuses in on that health conscious low carb locale it did almost twice what we expected it to do and fiscal nineteen. And we think it's got a great growth profile coming up in this year too tough to keep in stock. That's what they say. Keep in stock that is not they'll newest problem presidency of constellation brands. I liked this company stick with Kramer. It is time. And then the lightning round is over. I Are you ready. ready data cover the light rail Jim in New York, Jim? Jim cramer? First time talked to you my calls. Bef core myself going cross on three twenty seven and a double bottom on threes twenty doing so well that you go to. Thrilled to get rid of the Jeeves business that is to confederate Stephen York. Steve. Jim, I'll daytime call time view. Got a stock got into late last year for dividend it since merged with another R E T, but it's been going down since the merger. Should I buy hold or sell off his property income Opie? I I got to look into that. That's a stunning decline. I gotten a little better this year. But I got find out exactly what what they merged with. Nobody likes. That's a cheap stock. We're gonna come back Daniel and Pennsylvania Daniel, Jimmy. It's a catastrophic what we have alley buoy ah to you love the valley gave lived there for awhile. What's going on? Despite the recent increase in crude oil inventory that was summer driving season in seventy five dollar oil underway by stock is Anadarko Petroleum Corporation. Well, I have a conference call next Friday for members of the actual words, plus.

Jim cramer Anadarko Petroleum Corporation constellation brands Pacific L Daniel Jeeves Pacifico New York Al Kramer California Steve Stephen York Pennsylvania Jimmy seventy five dollar
With Americans Drinking Less, Booze Makers Seek Alternatives

WSJ What's News

04:45 min | 1 year ago

With Americans Drinking Less, Booze Makers Seek Alternatives

"Jennifer, I think some Americans might be skeptical about some of the numbers here, but they are showing a decline, especially when it comes to beer one and spirits were picking up for a while. But sales growth there has slowed to. So how serious is the situation in the US for brewers liquor companies? They're definitely taking steps to address this trend. Actually, there's very few trends in these numbers. But overall new data show that US alcohol volumes fell zero point percent last year and that steeper than zero point seven percent. Decline in twenty seventeen and unpacking that a bit beer was the worst hit beer volumes were down one point five percent in two thousand eighteen compared with a one point one percent decline in two thousand seventeen so brewers are taking this very seriously and taking a vase of. Maneuvers as it were. So what's happening here? The Wall Street Journal has been covering shifts in consumer tastes for food and drinks for Weil. What is going on when it comes to alcohol consumption? There are few things going on. I a lot of folks are drinking less, but better that means that they are trading up to maybe a pricier option. Let's say they're drinking a couple of craft beers instead of a six pack of, but there's also a trend away from beer toward one and spirits. And then overall people are drinking less alcohol that means that there is sort of a health and wellness a trend at foot. It also just means that people are especially younger millennials. But I think it actually does play cross several generations. They're looking at what they're putting in their bodies are being more selective about it looking at ingredients. And that means that overall they might be consuming sort of less of a volume and maybe a few. Pricier maybe more natural ingredient sort of focused beverages. Are we seeing the same trends overseas? Or is this more play in the United States? It's definitely happening in other markets. Although in the US, it's perhaps more pronounced the health and wellness trend. We're seeing across the board and the premiums -ation trend. Also in developed markets is quite common. Now, it's been playing for a few years and a lot of alcohol companies with their spirits or beer brewers have been coming out with higher end products. You know, this shift from American loggers toward craft beers. And the same is true. If you look at vodka or tequila or whiskey on and on and on the big companies are positioning their brands and developing new brands to sort of play into where consumers are headed. What else are beer and wine makers doing to stay ahead of the trends? Here will turn it was are they looking at so because in some. Cases, people are just drinking less. There are a number of beer and spirits companies. That are rolling out low end, no alcohol products. You got a bunch of zero point zero beers. That are either available here or will be soon. You've got you know, anti-bush imbed the world's largest brewer saying that their new quote beyond beer. I unit is a big focus of theirs in they're acquiring an energy drink company, and they're bottling ice tea. They're launching a seltzer. You've also got beer companies that are branching way. Beyond beer. They're cooking up coconut water, come boo. Shop much T. So we see a lot of branching out and a lot of experiments in areas where consumers have shown interest in whether it's the health and wellness space just sort of lower alcohol space and also something we've been reporting on a lot late. Brewers seem to be investing more in cannabis infused drinks, partnering up with startups and producers, for example, pets right so cannabis is I think one of the most interesting developments in the beverage industry of late and big beer companies in the US are either thinking about it or talking about it or investing in cannabis the biggest deal so far has been constellation brands, which is company that imports corona and Modell in the US and they invested four billion dollars last year a Canadian cannabis company, and that was followed by a JV announced by most in cores. They're developing cannabis beverages and ABM Bev is now researching cannabis beverages all of these sort of in partnership with different Canadian companies, but the idea is that consumers are going to have new options as these cannabis markets opened up in Canada and potentially in the US and other.

Cannabis United States Brewers Jennifer The Wall Street Journal Constellation Brands Weil Canada Modell BEV Four Billion Dollars Seven Percent Five Percent One Percent
Food bank braces for impact of government shutdown

24 Hour News

01:01 min | 1 year ago

Food bank braces for impact of government shutdown

"That allowed par. For men to act unchecked for decades. KCBS news time nine twenty five. Move onto MoneyWatch. We're joined now by Jason Brooks. Investors are feeling good about the prospects for a trade deal after negotiations in Beijing were extended into a third unscheduled day. The Dow rose ninety one points to twenty three thousand eight hundred seventy nine the NASDAQ gained sixty points to sixty nine fifty seven and the s&p added ten points to twenty five eighty five oil surged above fifty two dollars a barrel its eighth straight game. The minutes of the recent fed meeting indicated growing wariness from the central bankers to keep raising rates in the face of increasing risks to the US economy. Many said the fed can be patient with future hikes corona maker constellation brands saw its stock plunge after cutting its full year earnings forecast, partly after it lowered the value of its four billion dollar investment indignation pop producer, canopy growth by one hundred sixty four million dollars. The mortgage Bankers Association reported huge gains in purchase and refi apps after thirty year fixed mortgage rates plunged. By ten basis points to four point seven four percent. Jason Brooks CBS news. Amazing deals for everyone or here. JC penney. Hurry

Jason Brooks FED Mortgage Bankers Association Jc Penney Kcbs Constellation Brands Beijing United States Producer One Hundred Sixty Four Million Four Billion Dollar Seven Four Percent Fifty Two Dollars Thirty Year
"constellation brands" Discussed on MarketFoolery

MarketFoolery

01:37 min | 1 year ago

"constellation brands" Discussed on MarketFoolery

"Well, in the same way that we talk about startup beverage companies and the damn business plan is at some point, hopefully, we get acquired by coke or Pepsi, or or you know, in the spirits case. You know, maybe Diaz buys us or constellation brands sort of thing the difference. There is that if you're a small craft brew based in Richmond, Virginia or Raleigh, North Carolina. You know, whatever you can just go about your business. Like, you're not worried about being quashed by Budweiser. Whereas with earth port do hereby at some point someone in the room had to say, hey, look, if we take this offer, and we don't get another one then. This may be a binary outcome situation for us take this offer or in two years or out of business. That's that's I think a very good comparison there. There's a lot more loyalty, I think to a good craft brew than there is to that, you know, little European payment processor that you can't remember the name of this weekend. Full money. We've got our twenty eighteen year in review, and then we are back at Monday with market fuller and industry focus, which Jason hosts, obviously the market is closed on Tuesday. And then back to business on Wednesday act of business looking forward to our thanks for being here. Thank you. As always be on the program of interest in the stocks. They talk about in the motley fool may have formal recommendations for against so buy or sell stocks based on what you hear that's gonna do it for. This addition market fuller shows mixed by Dan, boy, I'm Chris hill. Thanks for listening. We'll see on Monday..

constellation brands Pepsi Diaz Chris hill Richmond Raleigh North Carolina Dan Jason Virginia twenty eighteen year two years
Tilray and Budweiser maker will partner to research weed drinks; Tilray stock jumps

Michael Wallace and Steve Scott

00:20 sec | 2 years ago

Tilray and Budweiser maker will partner to research weed drinks; Tilray stock jumps

"Seventies Budweiser's maker is the third alcohol giant to partner with the Canadian cannabis industry with till Ray. Anheuser-busch inbev will research non alcoholic cannabis infused drinks, corona maker constellation brands, and most course, are also partnering and investing and Canadian

Cannabis Constellation Brands Anheuser-Busch Partner RAY
"constellation brands" Discussed on Motley Fool Answers

Motley Fool Answers

04:08 min | 2 years ago

"constellation brands" Discussed on Motley Fool Answers

"So those are some of the factors that we look at. And then we also want to I mean, taking a long-term approach we want to be sure that we're finding companies that are positioning themselves to be a relevant player in the long term. So we're not necessarily worried about where the share prices will be in a month or three months or even a year. We're more interested in what what are the odds that this cannabis company will be a relevant in thriving player in the industry three plus years from now so trying. Take that long-term approach is kind of the way that we're playing a different game than a lot of this speculation and short-term is short termism that's dominating category right now. So are there a couple specific company names or stocks that you wanna put out there and for any listeners at wanna maybe consider and start looking into the industry. Sure. So we we've kind of distinguished between within the initial companies that we've recommended to people as by recommendations, we have the pure play. So these are companies that generate the majority of the revenue from cannabis in some shape or form. And then we also have picks and shovels companies and picks and shovels companies. We've identified as companies that have a strong underlying core business that isn't in cannabis, but then the potential opportunity with cannabis is kind of an ad on or cherry on top. But it isn't the main thesis behind buying the company so starting with a pick and shovels company. I think constellation brands is a company at some people be familiar with. Or if people have followed this space at all you might have seen him in the headlines. This is a company behind corona of the beer, and then a variety of other wine and spirits brands that they have in their portfolio. They've been one of the the better performing alcohol beverage companies. Really I in the past several years. Unlike some of the other bigger players last year, they invested a smaller amount into canopy growth, which is one of the larger cannabis producers in Canada, then in August constellation brands re up that investment in a huge way they invested in additional four billion dollars in the canopy growth taking thirty eight percent control of canopy, four of the seven board seats. So essentially canopy growth today is the cannabis offshoot of constellation brands and to to put that number of perspective in the first half of twenty eighteen every single candidates company public and private around the world had raised four point three billion dollars. That's the first half of this year. So in a single day Kennedy growth, essentially, raise the same amount that every other company had raised. So this just puts constellation and canopy growth on a whole other level compared to other companies so from picks and shovels angle. I like constellation brands because this is a company that pays. The dividend that they generate an increasing amount of free cash flows. So it's a healthy business have strong core business, but they're also making a fairly aggressive push in cannabis and they during the announcement of this investment, they they said that they expect the legal cannabis market on a global scale to hit two hundred billion dollars by twenty thirty. So they see this being a big opportunity, and they're making a substantial bet on it. So that that would be the type of company that I start with. It's a business. That's easy understand. You can sorta see where cannabis could complement constellation brands because they have a lot of experience building brands and distribution with a highly regulated product like alcohol beverages, and it makes sense that they could transfer that knowledge over to cannabis in the coming years. And I like the fact that they're taking a long-term approach this. They're not investing cannabis to juice, their share prices or their share price in the short. They're very much thinking of this from a decades, long perspective. And I think that's the right way that as fullish investors. We should be thinking. With pure play companies. These are obviously much riskier companies like like, I said earlier a lot of these companies are burning cash their unprofitable, the valuations are likely going to be very lofty, no matter which way, you slice it. But but one company that I do like that that's a pure play cannabis producer Candida is company called Ken trust..

cannabis constellation brands August constellation brands Canada Kennedy Candida producer Ken trust two hundred billion dollars three billion dollars four billion dollars thirty eight percent three months
Cannabis stocks mixed after Coca-Cola says it has no plans for sector

Sean Hannity

00:42 sec | 2 years ago

Cannabis stocks mixed after Coca-Cola says it has no plans for sector

"Continues Coca Cola once contained trace amounts of cocaine a long time ago. But coke says now it will not add marijuana to its drinks. We have to be cognizant of. Coca-cola is staying away from cannabis. That's the message from CEO James Quincy who told the company's earnings conference. Call the coke has dough plans at this stage to get into that space last month. Coca Cola said it was closely watching the growth of non psychoactive CBD as an ingredient in wellness beverages. Other beverage makers are jumping right in with corona maker constellation brands investing four billion dollars into Canadian cannabis firm. Kennedy growth Molson Coors, also announced a partnership with Canadian cannabis producer the hydro Papa

Cannabis Coke Coca-Cola Molson Coors Constellation Brands Cocaine James Quincy Marijuana CEO Kennedy Producer Four Billion Dollars
Will tobacco companies capitalize on cannabis legalization?

Motley Fool Money

01:48 min | 2 years ago

Will tobacco companies capitalize on cannabis legalization?

"Who writes, there's been a lot of talk about investments being made in cannabis companies from outside the industry. Do you think tobacco companies are looking at cannabis legalisation as a strategic opportunity seems to me that there would be fewer logistical hurdles on the part of these companies that already grow and distribute of Ryan of leafy products. David, what do you think Phillip called it this week? It was rumored that Altria is rumored to be look. To invest in a Canadian cannabis producer. A free is the name that keeps coming up as far as the producers they're looking at within Canada. I think the biggest question here is why did takes along long because it's been almost a year since constellation brands. I invested in canopy growth and they re up that investment in a huge way in August and along the way you have more and more of these multi-national companies getting more comfortable. I think with the legal framework of the legal cannabis industry in Canada and elsewhere. See Coca Cola Diaz yo PepsiCo all mentioning that other sort of at least keeping an eye on exploring potential partnerships with cannabis companies in Canada. But I think this is a testament to the fact that these companies are getting more comfortable with the idea that the US federal government won't intervene with these kind of deals. So far, constellation brands hasn't had dealt with really any legal headwinds, at least from the US government. So it's probably an indication that these companies expect full federal legalization of cannabis to happen in the US sooner than later. If you're on the board of directors at Altria and UC coke. Cola and Pepsi or kicking the tires on this industry. Yeah, you have to be wondering why you're not. Yeah. And you also have to take a step back and realize that per capita cigarette consumption, at least in the US has been cut in half since two thousand. So there are clearly headwinds when it comes to tobacco use, but cannabis is potentially a healthier alternative to get a similar high, and you know, kind of

Cannabis Constellation Brands Altria United States Canada Pepsico Ryan Phillip David Producer Pepsi UC
"constellation brands" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:57 min | 2 years ago

"constellation brands" Discussed on Bloomberg Radio New York

"For more information. It is a Wednesday. It is a quiet day here in New York. But we are so lucky it is not quiet because we have our own Vince signal Ella who is the global macro strategist for Bloomberg. And I know you wanna go macro. A normally I do too. But today, let's go micro to talk about. Let's talk about pot. Marijuana. Let's address. Because it's just sort of shocking. I wonder if this is sort of the next sort of. Big winner. That is another symbol of a market top to some people. Tell Ray is now bigger than American air Clorox and CBS. What do you make of this is this a symptom of the times or is this real? So you're thinking that this is the end of the pot rally. If you will we'll know that money is pouring into whatever opportunistic moment, a cat and right. And we saw this with bitcoin crypto courage, just thinking it sort of similar to that. Right. And so now, we're seeing the moneyball kind of roll away from bitcoin and crypto assets and go toward marijuana anything having to do with it. I it has half the market cap of constellation brands. What do you make of it? Well, I think it's something that you looked at similar. I think the perfect allergy just made was to bitcoin is bitcoin going to be a phenomenon down the road. It's very possible. I know there are a lot of skeptics, but a lot of people got him way too early and got into the hype and the same thing seems to be happening with him. Marijuana where it probably will be the next thing down the road. I mean, it's one of the. If you look at the drugs in general, one of perhaps, the most used considered the safest considered not to have as many of the side effects as the more serious drugs. Coca Cola's looking into getting involved in the business. That would be a major leap could go and buy, you know, they say things go better with coke. And they're gonna go a little bit better. If you have some. As far as it goes with it. With its products. I guess what? I'm wondering this because I'm trying to figure out are we risk risk off. And we have the kind of having choppy market action, and certainly ten year treasury yields have been pretty range bound and everything's been kind of range bound for a while, even as people promise volatility, and I'm trying to thank, you know, especially if you look at credit markets very much risk on if you look at some of these opportunistic stocks very much risk on what do you make about? I think China's leading the tone clearly setting the tone with risk for this entire week. The the the feeling the word out of the PBOC prior within the last month or so was that if the United States if Trump acted that next round of tariffs on the two hundred billion China's response was going to be to let the currency depreciate even up to an past seven double out. They did not do that their response was measured. Instead of now sending what was rumored yesterday, the lower level delegate, the vice premier showing they're sending Lee her will. That's the talk which is their highest. Level delegate in this situation. And they've stated they won't let the currency depreciate is an incredibly measured receive only then do actually I think I think also I think we're underestimating the Trump administration's desire to get something done before the midterms. I don't think if you look at the two situations. Do we get something done in Canada? We get something done in China. There's way too much optimism. We get it done in Canada. When you talk about getting trade deals trade. I think there's way too much optimism getting something done with Canada. Now that Mexico has been done. And I think there's way too much of a negative thought that we won't get anything done with China. Okay. But just to go to your point about how China's sets the tone. I think you're right on there. And I think it's really interesting that we see some kind of floor that's being set in emerging market currencies. Kind of on exactly what you're saying. Which is trying to saying look we have no interest in having a currency war on top of a trade war right now..

China Marijuana Canada Ray New York Coca Cola constellation brands Bloomberg Vince Clorox PBOC Ella Mexico Trump Lee United States CBS ten year
Cannabis, Coca Cola and Coke discussed on The Morning Toast

The Morning Toast

00:51 sec | 2 years ago

Cannabis, Coca Cola and Coke discussed on The Morning Toast

"Coke is considering cannabis drinks home, the world's largest beverage makers reportedly eyeing the red hot cabinet abyss market according to a report. Coca Cola is in serious talks with a work Countess to develop cannabis infused beverages. According to be an and Bloomberg a deal on that scale, would likely dwarf agreements me by corona maker, constellation brands, and most in cools, both of which who have partnered with Canadian cannabis companies to add CD the night, the non psychoactive ingredient in cannabis that can be used to treat treat painter anxiety to drink coffee

Cannabis Coca Cola Coke Constellation Brands Corona Maker Bloomberg
Bruce Lynton, Cannabis and Lynton Scott discussed on Inside Europe

Inside Europe

00:55 sec | 2 years ago

Bruce Lynton, Cannabis and Lynton Scott discussed on Inside Europe

"Minute. Marijuana has plenty of growth potential, not just the plant, but the business Canadian cannabis firm, canopy growth recently surged ahead of its competitors. When it cut an investment deal with constellation brands maker of corona beer, but canopy CEO Bruce Lynton says he's not just pinning his hopes on pot infused drinks. Now, we have this large platform company, which is an eleven other countries, and it's moving forward quickly on medical research as well as how to create. Outstanding. Products for recreation. We think that the real play here is on the biomedical side. Todd Harrison is chief investment officer at the cannabis hedge fund CB one capital that's going to go through the FDA. It's efficacious already for epilepsy. But we think it's the tip of the iceberg medical marijuana has been legal in Canada since twenty a one in recreational pot will soon follow but Lynton Scott bigger aspirations for his company is about growth and taking over a global opportunity from

Bruce Lynton Cannabis Lynton Scott Marijuana Constellation Brands Chief Investment Officer Todd Harrison CEO FDA CB Canada
"constellation brands" Discussed on MarketFoolery

MarketFoolery

03:06 min | 2 years ago

"constellation brands" Discussed on MarketFoolery

"But what you are seeing is a lot of those companies going public on the Canadian securities exchange. So these companies are going to Canada and even in Canada, they, they can't list on the more reputable Toronto stock exchange. For the same reason. Toronto stock exchange says, no, we won't let companies lists that are selling substance that's still federally prohibited in in your country. But so just for a variety of reasons, you're seeing Canada really become the hotbed both for legal cannabis industry, but then also for any company that's looking to list publicly, they're going to to Canada. So a whole lot of things happening in this industry is just fascinating to follow such a fast paced category right now. So while you were up in Canada, when the news broke about constellation brands and canopy growth on this podcast, one of. The things we talked about when we talked about that topic was the price that they paid. And I'm curious if anyone you talked to said anything along the lines of, hey, good for canopy growth, but holy cow did constellation brands pay a lot for that investment because that's that's what struck me was it wasn't that they did it. It was the price they paid? Yeah, it was a lofty price. I mean, for about four billion US dollars for thirty eight percent of the company. Yeah, it's a lofty valuation. I, I don't think anyone in the industry will admit that everyone right now is so optimistic that they want their company to be invested in it that same level and from constellations perspective. I mean, they really are treating this from a long term view. Like they're saying, we think cannabis globally will be at two hundred billion dollar market by twenty thirty. And part of the reason at constellation has been at the forefront of making investments into this category. Announced their first investment in canopy growth last October. So by far they've been the first mover and now the first mover was such a dramatically large deal. Part of the reason is that they're essentially still a family run company. You have essentially the sands family. So you have a founder run company. They're not as beholden to thinking short term about the risks like, well, it's not legal in the US like what will the federal government investigators or somehow. Getting our way. So I think from that perspective, they see cannabis becoming increasingly relevant cultural force. You're gonna see more and more countries take the step to legalise cannabis. And I also think by making this statement now, if and when the US does decriminalize cannabis on a fair level, all of a sudden can't be growth, has a war chest to go into the US. So I think they're intimidating that within the next couple of years, we will see the US on a federal level decriminalize cannabis. And if and when that happens, you're going to see constellation and canopy just go all out three quick things before we wrap up. I is that we are hiring here, the motley fool, and we, we actually have a lot of jobs posted right now and more coming next week..

cannabis Canada constellation brands US Toronto federal government founder two hundred billion dollar thirty eight percent
"constellation brands" Discussed on MarketFoolery

MarketFoolery

03:56 min | 2 years ago

"constellation brands" Discussed on MarketFoolery

"Is more and more opportunities come into the fray that increases that supply. Then all of a sudden yet more options as far as were to put your investment dollars. And I think that's the biggest problem right now is that shirt till Ray has a lot of promise, but there are a lot of red flags there. David mentioned a number of more any, so you have to consider that and think, well, perhaps it's a decent opportunity, but perhaps the price right now doesn't really make sense at all and in it really doesn't, like I mean, if you invest in this company at today's price, you're going to lose money. I, I would be willing to bet my life on that. And I know that's a hold statement, but it's insane like it doesn't make any money like it's not profitable in even to get there like it's still just based on a commodity. So this is a very, very early early space, give it some time, learn about it way for some of those better opportunities to come online and figure out how they're going to monetize this because ultimately it still is just a commodity inundate. It's not about growing it. It's more about what you do with it from there. David mentioned billing. Those break. Building that awareness in the space. I think that's going to be really important way to to find those opportunities and just take some time to get there. So I'm going to count you as skeptical, Jason Moser's at fair skeptical on the company, but but very bullish on the market opportunity in general. Well, yeah, ri- right now, all these cannabis companies for the most part have very limited or even non-existent track record. So you only have maybe at most a few years of revenue unusually that's still very minimal. But going forward, I think what is kind of supporting these lofty valuations today is the anticipation of more deals similar to the constellation canopy deal. If a company came along and invested two billion dollars in until Ray or any huge amount, you're gonna see that that excitement and that buzz. Because because. Gotta gotta use these while we can because I mean you already have constellation brands making those investments Molson, Coors Canada. They announced a joint venture and no pun intended there with another Canadian producer last month. But then you think about pharmaceutical companies, tobacco other alcohol companies like Diaw GIO, which are rumored to be meeting with these Canadian producers. There's so much based on future hype and expectations some of it legitimate. But in the meantime, you have really every cannabis company riding the wave, whether it's legitimate or not. So if you're an investor, what is the best way to play this space? If Jason is right about Tillery do do you take stock like most Senator? Do you take stock that's like one step removed, or do you get a basket of the cannabis producers or what's the best way for investors to approach this? What we what we've been doing in marijuana Mavericks, which is a service we launched in June in Canada. We, we took the basket approach so we tried to, we basically took a ten different companies, including three picks and shovels companies. Now I'll just say that constellation brands was one of them. So we're looking at the producers, some US operators that are public on the Canadian exchanges trying to find companies. That granted their valuations still look lofty, but they're doing something to differentiate themselves focus on building brands or building distribution retail, something like that. And starting with a small position across all ten of those companies, then we're just looking to start small, follow those companies over time, learn about those companies in the industry over time. Look to add to the companies that do end up gaining some meaningful, tangible traction and add to those winners over time. So we're, we've recommended to our members like anything you invest in this cannabis basket should probably be a smaller percentage of your own portfolio. I personally invested my own money in those ten recommendations. And I started with about five percent of my total portfolio. So if those stocks dropped fifty percent, that would sting, but it wouldn't damage my overall returns too much. So I think it's taking that approach where you're diversify across some promising companies starting small, I think that's a good way to go basket approach. I've heard about somewhere. I know you didn't trademark that case, so it's. That's true. Okay, guys, we'll before we get to our last story..

cannabis constellation brands Ray Jason Moser David Coors Canada ri producer marijuana US Senator Molson two billion dollars fifty percent five percent
"constellation brands" Discussed on MAD MONEY W/ JIM CRAMER - Full Episode

MAD MONEY W/ JIM CRAMER - Full Episode

02:07 min | 2 years ago

"constellation brands" Discussed on MAD MONEY W/ JIM CRAMER - Full Episode

"With the subscription model that doesn't require you to track down a salesperson CVS to open the ridiculous by case where they hide the incredible conceit in plastic blades like daddy, Birnbaum dollar shave attacks. Competitors had one with its founder and chief wild man. Michael Dugan just character assassination the competition, but you'll ever wasn't trying to disrupt its own wears. It's disrupting Gillette fortunately for PepsiCo. Sodastream doesn't have too much overlap as Pepsi's, not exactly known for sparkling water. But aside from bubbly. And that's been selling like mad, maybe that's why this self-destructed you'll happen so quickly, right? Self-destruct the deal. How much maybe the doing when I asked goes, CFO Johnson this morning. Why? Now that they could have had sodastream for less than half the price of your go. He said they wanted the proof of concept for the pulled the trigger. We now have that proof and after series a blowout quarter including the latest one, which was amazing. It was actually, I think about the best in the consumer packaged goods space, and then you got a proof in other words, peps go did the right thing. Short term. They hurt them longer term. It's just outright positive. Still the sodastream deal pales in comparison to constellation brands. Stunning four billion dollar investment in canopy growth. The I'd say, let's say the premium or blue chip Canadian marijuana company, and it's bringing their total vestment to thirty percent of the coming constellations a longtime Kramer favela crew company that makes Medella krone among many brands. They already owned ten percent canopy. So last week they nearly quadrupled the size of their investment. Now, constellation stock has gone down because investors apparently don't like the move, nor do they like the fact that the buyback is being suspended, order pay for it. But I know CEO rob Sanderson, he's truly playing a Gretzky game, meaning he's trying to skate to where the puck is going not to wear. It's been Santana. UPI CEO the visionary, Bruce, Lindsey, what's happening marijuana's going mainstream. It will soon be straight up, legal and candidate not semi legal. I could say Colorado or California where the states. Okay with it, but it's still federal crime. We cannabis could represent a wholesale change in how medicine is practiced, paying goodbye opiates sleeping Zaidi moments, grosses psoriasis, Koyo.

Sodastream rob Sanderson Johnson constellation brands Michael Dugan marijuana CEO Birnbaum founder Kramer favela PepsiCo psoriasis CFO Gillette UPI Koyo Colorado Zaidi cannabis
"constellation brands" Discussed on WBBM Newsradio

WBBM Newsradio

03:17 min | 2 years ago

"constellation brands" Discussed on WBBM Newsradio

"Let's learn more from Gary kaltbaum president. Of Cal bomb capital management also a Fox News business contributor based in Orlando Gary so what are they trying to do here they putting it into their own products putting it into beer, or something like that or are they just making money off oh they're going to try, anything and everything look you bear businesses NOP and doing well, it's been very flattish and I guess they think the money is going to be in the pot, they're looking at drinks they're looking at food they're looking at the actual we'd they're looking at everything the new one today is constellation brands, putting up a four billion dollar investment in the company called canopy growth that has never made any money and right Now so far the voting on it not so great. As a constellation brands is down fourteen, dollars on it but who, knows you, know if they can make big bucks off of it you know God bless them and what. We won't know for a while on something like. That so this is because beer sales. Are down just not what they used to be yeah not even. We, used to have, very very strong bear sales, it. Is now flat to down in most quarters? And they know they gotta look elsewhere, it's kind of like Coca Cola in years, past once they own the world they? Had, to look at other things so they. Got, into water vitamin drinks and all kinds. Of other things and now you sing with the beer companies also now Greg Gary Canada is set. To begin legal marijuana, sales is the US. Going to lag behind if, Canada takes this jump well. The US is lagging behind Canada but I suspect and this is just my guess that eventually will be all legal here in the next decade I think Momentum's going, you know I'll leave my personal opinion out of it but I think, that's where the? Momentum is meant them's going and it's all about the dollar, and it's, all about the taxes that are not being collected on the illegal marijuana business government. Wants to get involved in it that's why they're also legalizing sports gambling here in. The, US so. Again follow the money and, that's where. You usually. Get to see the action is this also an attempt to reach out to the younger. Crowds who aren't drinking as much beer it's any crowd you know their job, is to market Mark well you know. They've been marketing to the young crowd the alcohol for years they've been. Marketing in a quiet way to teenagers going you. Know to, the eighteenth twenty one year old so yeah. I suspect a they'll do whatever they possibly can but again this is. A, long term deal it's something that's, not gonna happen today while the deals are being cut now I think he got a while before you start. To see Product and four, billion dollar, investment I it's it's quite a gamble they, must feel pretty confident this is gonna work out I would, I would suggest four billion dollars be a pretty good number it's ten percent of their market cap I believe constellation brands market cap is about forty billion so. Yeah they're making quite the interesting bet and if it doesn't. Pan out, I gather the, CEO is going to be by by but you know. Look again it's I I think this is something will know any year or two in the next. Week for sure, time will, tell thanks Gary always appreciate it. Gary, kaltbaum president, of.

Greg Gary Canada constellation brands US Gary kaltbaum president Coca Cola business contributor marijuana Fox News Orlando CEO four billion dollars four billion dollar twenty one year billion dollar ten percent
"constellation brands" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:57 min | 2 years ago

"constellation brands" Discussed on Bloomberg Radio New York

"What the science behind this is and it's really fascinating it's it's for those who are intellectually curious this is a rabbit hole that i still haven't climbed out of but we've seen it we saw constellation brands take a stake in canopy that was on the beverage side we saw a o y by canadian growers so that's on the tobacco side and we think the next phase is going to be biopharmaceutical and that ultimately consumer goods because if you think about it is more supply comes on prices will decline that's going to help people who use cannabis as an ingredient that's going to help their margins in the background that's quite fascinating you mentioned an investment in canada last year canada passed a law that essentially says there decriminalizing marijuana as a country the first g seven country to do so what's going to happen with that well that's going to happen clearly but i think part of part of the perception about canadian cultivators is people are extrapolating not to the canadian population but in actuality with they are going to be a service station to the world so they have deals with germany they have deals all over the world and you're seeing the sweeping across the world whether it's follow the money whether it's people are understanding for the first time the efficacy what's interesting is the morning that jeff sessions revoke the coal memorandum the australian explain that for people may not be familiar call memorandum effectively protected states from government interference under president obama correct all right and then under president trump session jeff sessions revoke that we've been saying for some time now that we think that the foremost dangerous words and finance this time is different that this time is it in fact different because the senate election year you have ninety three percent of the constituency that supportive of medical cannabis that's amazing and the only thing that politicians like more than lobby money is being reelected so we actually have been saying for some time that we thought that you're going to see a pretty significant pivot this year and sure enough you saw betcha mcconnell with the hemp bill you saw john bainer now banner was rabidly anti pot he was speaker of the house and what happened you saw a little bit of that no pun intended green stuff and suddenly he changed his view well there's that but there's also what i think the real when we talk about this investment in in our strategy really through the lens of four arbitrage is right arbitrage of time versus policy right we believe this is applications and oh by the way the only way the us government can tax this is if it's through the fda sure right we believe it's an arbitrage of price versus the high net worth individuals in the us institutions that are going to be on boarding to the space vanguard very quietly has become a top five holder in all of the canadian majors when i've gone to these conferences seen fidelity vanguard putnam goldman all walking around these barbarians are massing at the gate if if if institutions don't chase growth it'll be the first time in my thirty years it hasn't happened coming up we continue our conversation with.

ninety three percent thirty years
"constellation brands" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:04 min | 2 years ago

"constellation brands" Discussed on Bloomberg Radio New York

"The hour final trading day of q to an upbeat tone inequities particularly where the large multinational concerns are are concerned i'm seeing relative strength and energy materials and industrials wti crude oil right now is up one percent for the week it looks like wto is gonna pick up about seven percent that would make for the biggest weekly gain we have seen in about two months the driver in the oil patch continues to be concerned about possible supply disruptions coming from libya and iran big news of the hour canadian government finalizing tariffs on us products worth a total of twelve point six billion this mirrors exactly those tariffs imposed by the trump administration then we heard a short while ago from general motors the automaker could reduce us jobs as a result of these import tariffs fiat chrysler saying it's preparing to adjust its manufacturing footprint should president trump's trade tactics resulting those higher auto tariffs the chinese conglomerate hr is said to be exploring the sale of radisson hotel group we're talking earlier about the strength in financial shares the smp financial index right now better by about one percent the big banks moving higher after they promised to return records amounts of capital to shareholders following the feds stress test and appropriate for the weekend the alcoholic beverage producer constellation brands the latest us company to say rising transportation costs this links back to the oil story is going to hurt it's bottom lines of constellation shares down about five percent constellation and you're talking transportation costs well i had to mention the higher transportation costs because the company saying that's putting pressure on margins never to have cocktails with you all right i promise i will always pick up the tab hose it to it that christopher thank you so much bloomberg markets brought to you by sector spider atf's why buy a single stock when you can invest in the entire sector visit sector s p d r s dot com or call one eight six.

wto libya general motors chrysler trump christopher atf iran fiat president producer constellation brands bloomberg one percent seven percent five percent two months
"constellation brands" Discussed on Masters in Business

Masters in Business

04:01 min | 2 years ago

"constellation brands" Discussed on Masters in Business

"Williamson all those companies are gonna go from selling cigarettes to selling joints that never happened that's not true it actually is happening now it is now i mean that never happened where a certainly didn't happen on my time line to be to be precise how much is that actually happening and what i'm trying to tear up is how much is that same pivot gonna take place with the pharmaceutical industry that's been fighting would appears to be a losing battle will we've been saying for some time that the by build was going to migrate across four spaces bill by built so it's not as easy as dropping seeds in the ground and growing cannabis pint there's a lot of science and we're gonna talk a little bit about the frontier science the endo cabinet system and what the science behind this is and it's really fascinating it's it's for those who are intellectually curious this is a rabbit hole that i still haven't climbed out of but we've seen it we saw constellation brands take a stake in canopy that was on the beverage side we saw a oyi by canadian growers so that's on the tobacco side and we think the next phase is going to be biopharmaceutical and that ultimately consumer goods because if you think about it as more supply comes on prices will decline that's going to help people who use cannabis as ingredient that's gonna help their margins on the back end the that's quite fascinating you mentioned an investment in canada last year canada passed a law that essentially says there decriminalizing marijuana as a country the first g seven country to do so what's going to happen with that well that's going to happen clearly but i think part of part of the mis perception about canadian cultivators people are extrapolating that to the canadian population but in actuality they are going to be a service station to the world so they have deals with germany they have deals over the all over the world and you're seeing this sweeping across the world whether it's follow the money whether it's people are understanding for the first time the efficacy what's interesting is the morning that jeff sessions revoked the coal memorandum the australian and the explain that for people men up you call memorandum effectively protected the states from government interference under president obama correct all right and then under president trump sessions sessions revoke that and then didn't we just hear deal with cory booker and who was blocking some of the president's appointments for president trump was cory gardner or garden in colorado but you know when we've been saying for some time now that we think that the foremost dangerous words and finance this time is different that this time is in fact different because the election year and you have ninety three percent of the constituency that supportive of medical cannabis that's amazing and the only thing that politicians like more than lobby money is being reelected so we actually have been saying for some time that we thought that you're gonna see a pretty significant pivot this year and sure enough you saw bench mcdonnell mitch mcconnell with the hemp bill you saw john bainer now other at banner was rabidly anti pot when he was speaker of the house and what happened you saw a little bit of that no pun intended if leafy green stuff and suddenly changed his view well there's that but there's also what i think the real you know when we talk about this investment in in our strategy really through the lens of four arbitrage is right arbitrage time versus policy right we do this application and by the way the only way the us government can tax this as if it's through the fda shore right we believe it's an arbitrage of of price versus the high net worth individuals and the us institutions that are going to be on boarding to the space vanguard very quietly has become a top five holder in all of the canadian majors really now is that is that within their indexes or is that within the one and a half trillion that's after i i don't know the answer to that but i know that's what i do know that when i've gone to these conferences of in fidelity vanguard putnam goldman all walking around these barbarians are massing at the gate if if if institutions don't chase growth it'll be the first time.

Williamson ninety three percent
"constellation brands" Discussed on WGN Radio

WGN Radio

02:02 min | 2 years ago

"constellation brands" Discussed on WGN Radio

"And beer and the other eighty percent is made up of of miller coors ab inbev heineken and constellation brands so but is the number one the largest by far we are second i think we have gosh i don't know maybe twenty seven twenty eight thirty percent of the market constellations growing heineken has a smaller part of it you know the big thing that's happening right now in beer is beers losing a lot of drinkers to spirits so wine and spirits have been dropping prices like mad over the last decade and they've picked up a ton of share from here and what beer the beer industry right now is what they're trying to do is trying to get that share back so we're trying to keep people from leaving premium lights and going over to vodka and soda so that's the big challenge right now in beers sort of holding on to who we have and trying to recruit some of these younger legal age drinkers back and it seems that the reckoning is coming for that industry as well we had recently ceo spotlight on this program about just that topic that the craft distillers are making a big push in that market so maybe they're going to start feeling some of that pain it's possible but you know craft the craft part of of the spirits world is still tiny compared to what craft beer so maybe you know five years from now maybe it'll be a bigger they'll have a bigger role but i think right now it's still sort of early so put us into the minds of beer drinkers at least from the way you see at miller cores you mentioned brand loyalty loyalty is important but is it also occasion of is it the event that we're at is it like for instance if we go to the beach we drink one sort of type of beer for having a football party we do another occasion based like you said so yeah we we.

coors ab constellation brands ceo spotlight football twenty seven twenty eight thir eighty percent five years
"constellation brands" Discussed on BizTalk Radio

BizTalk Radio

03:01 min | 3 years ago

"constellation brands" Discussed on BizTalk Radio

"If the dow again that a lot of loop today the dow only up 28 chevron buck and a half apple 230 goldman sachs wanted to half in one and nothing up excuse me but without a buck in the quarter retail lesson to reports just yet now what's interesting you know we've been telling you what's been week though two drug beverage tobacco house oh product school you got some operates today so kellogg was up three sixty craft to model these two schmacher's four and probably the strongest name out there right now constellation brands s p easy they so lot of boos eight billion dollars worth almost at of course if anything changes will let you now but kind the sorta seems the same kind the sword every day semiconductors i got this email today on it yes probably the most stretch i've seen in the group that a very long time but even more stretch on it wasn't juve before dropped about twelve percent so maybe it's do or maybe it's not we talked about these little eiffel tower moves that's a little bit of a knife will tower move for the semiconductors over the list by weeks and let me be clear and concise about something they have good numbers usually the cyclopes semiconductors they still may be but i guess all these new applications is there with the trick and i heard today that's semiconductor index is almost back to the old alltime high which is thirteen sixty two back in ninety nine it's twelve 75 today by the way hit one hundred sixty seven in late two thousand eight dang a hundred sixty seven that's the move all right again late tuesday new york city terror attack other saying it's isis inspired actually there were reporting now attackers light vehicle assault used by isis gene gosh well up next on the edge more the markets whatever else i can think of thanks for being here i'm.

dow goldman sachs kellogg constellation brands assault apple new york eight billion dollars twelve percent
"constellation brands" Discussed on KBNP AM 1410

KBNP AM 1410

01:58 min | 3 years ago

"constellation brands" Discussed on KBNP AM 1410

"Of all the crossborder issues and the tensions between mexico and the united states stock of constellation brands that reported results today they did comps that were better than estimated stock is up four percent so it doesn't look as though any of the tensions across the border between the us and mexico is having an effect on people drinking beer row would appear not appear in mind through the constellation added on the beer biz harass when bush in bed book gruber modell before that they were in wine and spirits in those areas of doing just fine as well so you know you put it all together their quarterly numbers beat estimates they raise their full year adjusted profit forecasts so put it all together and you've got stocked that's doing relatively well constellation of thirty six and a half percent this year that saint something yeah it's even better than amazon imagined that a stock this performed better than amazon what do you think there are few yes yes there are all right thanks very much dave wilson bloomberg stocks columnist ten blogger at mlive go on the bloomberg and of course send them an email a d wilson at bloomberg dot net and sign up for his daily free email newsletter and lease them ever i said amazon up thirty percent constellation brands up thirty six amazon up 34 percent so far this year right now let's go to nathan hale you're in our bloomberg 991 newsroom in washington dc for world and national headlines nathan pam catalonia's plans to break away from spain may be slumping now two people familiar with the plans say separatist you're trying to find a way now to put off a definitive declaration of independence to create room for a negotiated settlement spanish economy minister luis de guindos tells bloomberg television though there's nothing to negotiate independence of the against not going to take place he south of the coolest people familiar say hardliners in the coup party or pushing for a unilateral declaration following last weekend's illegal independence vote catalan president carlos depleting demont disconcerting though that.

mexico constellation brands us bush bloomberg spain amazon dave wilson nathan hale washington nathan pam catalonia luis de guindos president thirty percent four percent 34 percent
"constellation brands" Discussed on It's Been a Minute with Sam Sanders

It's Been a Minute with Sam Sanders

01:45 min | 3 years ago

"constellation brands" Discussed on It's Been a Minute with Sam Sanders

"In less than older people and because of that they downgraded to big major beer companies uh boston beer company in constellation brands bassem your company is most famously known for sam adams shrink enough the too bright spots were imports and michelob ultra new ad says idaho right arm mansito ngos drinking then we won alcohol consumption went down during the last recession they thought it would come back and even alcohol consumption is coming back people are shifting especially young people they're shifting from beer wine and spirits aliso of outrage is a is a dead i'm surrendered of his followers but it's clear and there's some other stuff too so people young people especially their drinking more and more outside of bars the drink in home or out about with friends or at just outside a bars right bicep had tinder so you don't need the bar yeah you can meet them and anywhere now exactly and then what's the most interesting part in this is kind of a thing that we've been seen with a millennials and all different kinds of industries there's what they call a channel shifts in beers now you have to compete with bruppo abs and microbreweries and tap rooms in the app brings good your house right and his aides say what what there's an app that does that oh yeah get your life audie has the delivers my best lying wonderfully i liked that you've told me all this data and i'm like but wade and so what i found out this story is that millennial consumption habits.

constellation brands sam adams boston idaho wade