A whistleblower from the Department of Justice’s (DOJ) Antitrust Division testified before Congress last week that Attorney General William Barr had disproportionately directed antitrust enforcement resources to scrutinize relatively small mergers between cannabis firms out of a personal dislike for the industry.
Read MoreEarlier this month, Constellation Brands, maker of Corona, Svedka, and Robert Mondavi wines, invested $4 billion in the largest pot corporation in the world, by market cap. The deal expands Constellation’s ownership stake in Canadian Canopy Growth Corp from 9.9 percent to 38 percent and includes warrants to eventually own over 50 percent.
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