Schrader Cellars entrusts Constellation with its highly-coveted, critically-acclaimed wine portfolio. The Schrader Cabernet Sauvignon portfolio, sourced from the premier vineyards of Napa Valley, including the famed Beckstoffer To Kalon Vineyard in Oakville, is the highest-rated American Cabernet Sauvignon portfolio with a total of 24 100-point ratings.
Craft brewer Funky Buddha joins Constellation Brands, further expanding the company’s high-end beer portfolio.
Staying ahead of consumer trends and to exchange knowledge and expertise, Constellation signs an agreement to acquire a minority stake in Canopy Growth Corporation, a well-respected public company in Canada and leading provider of medicinal cannabis products.
Bill Newlands is promoted to Constellation’s president and chief operating officer (COO). Rob Sands, who previously held the title of president and chief executive officer (CEO), continues to serve as the company’s CEO.