Beer giant Molson Coors slides after missing on sales and saying it made accounting errors (TAP)
Business Insider -

The beer giant Molson Coors beat on fourth-quarter profits but missed on sales.

The company said it would restate its financial statements for fiscal 2016 and 2017 after its audit committee identified some accounting errors.

The beverage giant is bullish on cannabis and in August entered a joint venture with HEXO, a Quebec-based cannabis cultivator, to produce infused beverages for the Canadian market.

Watch Molson Coors trade live.

Molson Coors, one of the world's largest beer makers, dropped...

Read this story at , ,

Loading...

Related Articles