Constellation Brands Inc., whose portfolio includes Corona beer, Ruffino prosecco and Svedka vodka, said it has recognized gains of more than $700 million in reported results since it invested in Canopy Growth Corp. last year.

“In Q1 we recognized an additional $258 million pre-tax unrealized gain from the change in fair value of the Canopy Growth investment and warrants, bringing the total pre-tax gain on this investment to over $700 million,” said David Eric Klein, chief financial officer of Constellation Brands, on the Friday earnings call, according to a FactSet transcript.