Jeff Auxier Comments on Molson Coors

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Aug 09, 2018

Molson Coors (TAP, Financial)

Coors stock has struggled with 10% tariffs on aluminum, increasing competition from micro-breweries and a roaring marijuana market cutting into the overall beer market. Trying to take advantage of this growing market, Coors has assembled a team in Canada to find a way to best tap into the cannabis industry.

From Jeff Auxier (Trades, Portfolio)'s second quarter 2018 shareholder letter.