Corona beer maker to invest $4 billion more in weed producer Canopy

(Reuters) - Constellation Brands Inc said on Wednesday it would invest $4 billion more in Canopy Growth Corp, raising its ownership stake in the Canadian marijuana producer to 38 percent.

Constellation, the U.S.-based maker of Corona beer, said it would buy 104.5 million Canopy shares at C$48.60 per share, a 51.2 percent the stock's Tuesday closing price.

(Reporting by Uday Sampath in Bengaluru; Editing by Sai Sachin Ravikumar)