This chapter analyzes the performance of Constellation Brands in the wine and spirits industry compared to its success in the beer industry. It discusses the challenges of investing in alcohol companies, shifting trends, and Constellation's failed attempt to enter the cannabis market. The chapter also explores the recent acquisition made by Tilray, a Canadian cannabis company, of eight alcohol brands from Anheuser-Busch and speculates on the potential expansion of Tilray into the US market.
Beer continues to shine but will future generations be less likely to drink alcohol at all?
(00:21) Bill Barker and Deidre Woollard discuss: - What’s driving the rapid growth of Modelo. - If wine and spirits can rebound for Constellation Brands. - The future of cannabis and Tilray’s tough path to profitability.
(17:17) Deidre Woollard interviews Joel Marcus, CEO of Alexandria Real Estate Equities about the future of this life sciences real estate investment trust.
Companies discussed: ARE, STZ, TLRY
Host: Deidre Woollard Guests: Bill Barker, Joel Marcus Producer: Ricky Mulvey Engineers: Dan Boyd, Heather Horton
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