A Look at how Constellation Approaches its Ventures Investments

Dear Client: Last week, Constellation Brands announced it acquired a majority stake in Tennessee-based Nelson's Green Brier Distillery, the first Constellation Ventures investment to be fully integrated into the portfolio [see WSD 05-02-2019]. It's also the second craft American whiskey to join the portfolio, behind High West. Your editor got Constellation chief Bill Newlands on the horn to get more color on the acquisition, plans for the company and their approach to these investments. Nelson's "exceeded everything that we had