Previous close | 1.4400 |
Open | 1.4500 |
Bid | 1.2100 |
Ask | 1.6200 |
Strike | 0.50 |
Expiry date | 2025-01-17 |
Day's range | 1.2500 - 1.4500 |
Contract range | N/A |
Volume | |
Open interest | 2.28k |
TD Cowen names alcohol producer Constellation Brands (STZ) as the company with the best growth story in US beer as sales of Modelo surged in 2023. TD Cowen Managing Director and Senior Research Analyst Vivien Azer joins Yahoo Finance Live to break down the current state of beer and wine consumption in the US Azer notes the decline in beer consumption and credits “intentional abstinence” by younger age groups that appear to be shifting to cannabis consumption, an industry that has seen revenue of $26 Billion. Azer sees this trend as a "dislocation" from alcohol to cannabis, which is making a dent in the alcohol market. Speaking to M&A activity, Azer notes a "reversal" for craft beer acquisitions. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
If it plays its cards right, Tilray Brands (NASDAQ: TLRY) could be a stellar long-term investment. Between its massive marijuana empire spanning five continents and a burgeoning craft beer operation in North America, the company is positioned to be a global leader in both emerging and established industries. In the long term, the global market for cannabis products will likely look quite similar to the beer or beverage alcohol industry.
Manitoba Harvest Features New Holiday Recipes to Experience the Joy of Cooking With Healthy Hemp Products Manitoba Harvest's Hemp Heart Holiday Cookies Key Ingredients: Spelt Flour, Manitoba Harvest Regenerative Organic Certified (ROC™) Hemp Hearts, Baking Powder, Spices: ginger, cinnamon, cloves, nutmeg. Rich Chocolate Vegan Brownies by Manitoba Harvest Key Ingredients: Flaxseed meal, Manitoba Harvest Ground Hemp, Manitoba Harvest ROC™ Hemp Hearts, non-dairy chocolate chips. Manitoba Harvest Pe