Constellation Brands
Constellation Brands is the largest provider of alcoholic beverages across the beer, wine, and spirits categories in the US, generating 84% of revenue from Mexican beer imports under top-selling brands such as Modelo and Corona. The rest of the business includes some remaining wine and spirits brands, categories where the company has pruned assets in recent years. With its exclusive rights tied to the Mexican beer brands, effective only in the US, the firm has limited revenue exposure to international markets. Constellation owns a 10% stake in Canopy Growth, a medicinal and recreational cannabis producer in Canada, and has a 50/50 joint venture with glass manufacturer Owens-Illinois in Mexico.www.cbrands.com
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Search complete. 307 mentions across 140 episodes found for "Constellation Brands".
Oct 28, 2026
Justin KendallHOST
And we've already got a very strong number one in Superlight from Stateside.
Justin KendallHOST
We got a number two that isn't insurmountable, but that just got acquired by Constellation Brands in Spikedade.
Justin KendallHOST
And then that leaves everybody gunning for topping Vodkade.
Zoe LicataHOST
Yeah.
Burkhard NessinHOST
Sazerac, every time somebody wanted to get rid of a well-known brand with struggling volumes that wasn't premium, they were like, we'll take that.
Burkhard NessinHOST
You know, they bought a lot of the Spears brands from Constellation Brands.
Burkhard NessinHOST
When they were looking to offload their low-cost stuff, they bought Svedka from them a couple of years ago, and that's doing really well.
Burkhard NessinHOST
They didn't go into the, when all the big alcohol firms were consolidating their distribution footprint into one big distribution partnership, they did the opposite of that and went with a bunch of beer distributors in a bunch of different markets and said, hey, we'll put all the salespeople on our own books and we'll go out and sell these products ourselves.
Jay MenasheHOST
These are consumer focused industries, but in reality it's B2B2C.
Jay MenasheHOST
So it's like, what are you doing for your wholesalers? to make it worth their while? How are you helping drive foot traffic into their stores to get people to buy your products? And I think when I was walking, I was seeing all these stats about like, you know, Constellation Brands talking about their number one beer in the world.
Jay MenasheHOST
And I didn't even understand what some of the stats meant.
Jay MenasheHOST
But they made it front and center.
9 MINS LATER
Jay MenasheHOST
It's like, hey, we're going to have mini golf in our booth.
Jay MenasheHOST
okay, well, how is that going to serve your overall objectives? And I know that sounds silly to be like, how is mini golf serving your objective? But again, I'm going to turn back to next because I was just there.
Jay MenasheHOST
But like Constellation Brands had mini golf in their space.
Jay MenasheHOST
It was tucked in the corner.
BrascoHOST
We've talked about various brands that have entered into the cannabis space from alcohol.
BrascoHOST
Constellation Brands.
BrascoHOST
One chief executive that was interviewed here says he believes that THC products would cannibalize alcohol sales.
BrascoHOST
Quote, the consumer enjoys it.
Brendan WalshHOST
So these bigger companies,
Mark RiethGUEST
you know, Anheuser-Busch, Molson Coors, Constellation Brands, you know, there's five or six of them that got into the craft beer world.
Mark RiethGUEST
And it was a timeline.
Mark RiethGUEST
We didn't know how short that timeline was.
Bud DunnHOST
So Molson Coors, a brewery, owns one distributor in their network across the whole country, and it happens to be in Denver.
Bud DunnHOST
And what happened is that in early September, Constellation sent a termination letter to CDC telling them that they were out.
Bud DunnHOST
Like, hey, we're going to move to a different distributor.
Bud DunnHOST
That different distributor, I think so far, is assumed Reyes.
Ross AckermannHOST
initial reaction was like, why are we surprised?
Bud DunnHOST
I mean, that is a good first reaction, but let me finish the review here for everybody.
Bud DunnHOST
So what has happened since then, we're just laying the groundwork to the facts, is that what has happened since then is that CDC has filed an injunction or filed suit against Constellation, and I think they did against Mamby as well, against Mark Anthony Brands, but for sure against Constellation to try to say, hey, you can't just terminate us per...
Bud DunnHOST
the franchise law, you're reading it wrong.
Bill KirkGUEST
Or does Super Light cannibalize Surfside? Those type of conversations is what they're trying to figure out.
Bill KirkGUEST
But I do think you see more of what Constellation did.
Bill KirkGUEST
They had growth for a very long time.
Bill KirkGUEST
Growth dried up.
Bill KirkGUEST
And there are very few of those big brewers that have participated in a meaningful way in those innovation waves.
Bill KirkGUEST
And I think we're seeing an appetite to go after it more aggressively and not miss them going forward.
Jen Litz-KirkHOST
So you're talking about, obviously, the Spike Day deal, Constellation having bought Spike Day, which was interesting because they paid sort of a little bit up front, but then a much bigger potential price tag over five years.
Jen Litz-KirkHOST
I wonder if that would have happened without Nick Fink at the helm, right? What are your thoughts on all of that?
Jonathan DeeterHOST
It isn't expecting a U.S. spirit rebound.
Jonathan DeeterHOST
Remember Constellation last week? The Giants are all telling the same story.
Jonathan DeeterHOST
The core is slipping, so they're buying and building can.
Jonathan DeeterHOST
And hemp drinks have a deadline.
Jonathan DeeterHOST
So Mark Anthony Group, the company behind White Claw, they announced Refresh Aid.
Jonathan DeeterHOST
It's a vodka aid with real juice, no bubbles, and no added sugar, going national next year.
Jonathan DeeterHOST
Constellation bought Spike Aid last week, and that's how fast a category gets crowded once a big company validates it.
Jonathan DeeterHOST
And protein is everywhere.
Brian KeaneNARRATOR
His angel investments in Facebook, Twitter, and Uber returned hundreds of millions.
Brian KeaneNARRATOR
His personal brand enabled him to launch multiple businesses including VFriends, Empathy Wines, sold to Constellation Brands, and Resi, sold to American Express.
Brian KeaneNARRATOR
But what matters even more is the impact.
Brian KeaneNARRATOR
Through VaynerMedia, Gary has helped Fortune 500 companies connect with millions of customers.
Justin KendallHOST
There may not be an opportunity for everybody that wants in this space.
Justin KendallHOST
I mean, Can you compete with Constellation Brands and Marc Anthony and Boston Beer and Stateside and Deschutes? I'm already like losing fingers here.
Justin KendallHOST
I can't keep track of everybody already.
Justin KendallHOST
And so do we need more? Where does it stop? And, you know, the retailer is ultimately the one that's going to control who succeeds here, I think, because, you know, are they going to open the cooler door for everybody? There's not enough room for singles for everybody.
8 MINS LATER
Justin KendallHOST
They have about 40 suppliers that they work with.
Justin KendallHOST
And there's concern that this thing could snowball essentially from here.
Justin KendallHOST
And we've seen it go from Constellation Brands to Marc Anthony Brands to Sierra Nevada.
Justin KendallHOST
So I don't know if I would say that their fears are warranted, but clearly it's playing out already.
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