Constellation Brands, Inc. operates through two primary business segments: Beer, and Wine and Spirits. The Beer segment is the company's dominant revenue driver, anchored by exclusive, perpetual U.S. rights to Grupo Modelo's iconic brands, including Corona Extra, Modelo Especial, Pacifico, and Victoria. The Wine and Spirits segment focuses on premium and luxury categories, featuring well-known brands such as Robert Mondavi Winery, Kim Crawford, The Prisoner Wine Company, and High West Whiskey. Over recent years, Constellation has strategically divested its lower-tier mainstream wine and spirits brands to focus on premiumization and higher-margin products. The company operates production facilities across the U.S., Mexico, New Zealand, and Italy, and also holds a notable strategic investment in the cannabis sector through Canopy Growth Corporation.