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.