Constellation Brands (STZ) Beats Earnings & Invests In Canopy Growth (CGC)

Published: Oct. 7, 2022, 4:55 p.m.

b'Constellation Brands (STZ) has divested part of its mainstream and premium wine portfolio to The Wine Group. Adam Lampe discusses this, as well as the takeaways from STZ\\u2019s earnings. He talks about how STZ\\u2019s revenue came in at $2.65B versus an estimated $2.50B. He then evaluates STZ investment in Canopy Growth (CGC). Finally, he goes over the long-term outlook for STZ. Tune in to find out ore about the stock market today.'