The world’s biggest marijuana stock is surging after a $4 billion investment from the maker of Corona (CGC)

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Canopy Growth, the largest publicly traded marijuana company, fell short of Wall Street’s earnings expectations on Tuesday, but news of a new investment overshadowed the larger-than-expected loss. 

Shares of the Canadian company surged more than 22% in trading Wednesday after Canopy announced Constellation Brands — the $42 billion company behind Corona — had upped its investment in the marijuana grower by $4 billion and now owns a 38% stake.

Canopy Growth said in a ... read more at: