Dear Client: This morning, Constellation issued a press release on the situation in Mexico. Recall, there was a recent federal decree shutting down non-essential operations in the country, wherein bev alc was included. Bottom line: They're not completely shuttering, but they are reducing operations, per several safeguards. Today's announcement promises "additional steps" to "reduce its brewery production activities in Mexico to a level that safeguards the environment and avoids irreversible impact to its operations. "This move is consistent with actions
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