Constellation Brands wagered heavily on the craft beer industry. The transnational beverage corporation paid $1 billion for Ballast Point Brewery back in 2015. It was a benchmark moment (along with Lagunitas Brewing Co.’s two-part sale to Heineken) for the crazy amount large alcohol makers were willing to spend on the high-speed train that was once the … Continue reading Constellation’s busy week: invests $4 billion in cannabis company, maybe lays off craft team, announces Ballast Point restaurant in San Fran